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Weekly Top Insider Sells: TIF, FB, and PPG

Posted
1/21/2013 11:15:00 AM
By: GuruFocus
Referenced Stocks:FB;PPG;TIF

According to GuruFocus Insider Data , these are the largest insider sells during the past week. The overall trend of insiders is illustrated in the chart below:


Tiffany & Co. ( TIF ): Director Peter W. May sold 993,500 Shares

Director of Tiffany & Co. ( TIF ) Peter W. May sold 993,500 shares on 01/15/2013 at an average price of $63.70.

Tiffany & Co. was incorporated in New York in 1868. Tiffany & Co. has a market cap of $8.09 billion; its shares were traded around $63.7 with a P/E ratio of 19.685 and P/S ratio of 2.1805. The dividend yield of Tiffany & Co. stocks is 1.96%. Tiffany & Co. had an annual average earnings growth of 9.8% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 4.5-star .

On Nov. 29, 2012 Tiffany & Co. reported that in its third quarter worldwide net sales were $853 million and net earnings were $63 million, or $0.49 per diluted share. Management updated its full-year financial outlook. Net earnings declined 9% to $237 million, or $1.85 per diluted share, from $261 million, or $2.02 per diluted share, last year. Net earnings in 2011's comparable nine-month period had included $26 million, or $0.20 per diluted share, for nonrecurring items related to the relocation of Tiffany's New York headquarters staff.

Director Peter W. May sold 381,160 shares of TIF stock on 09/21/2012 at the average price of 64.03. Peter W. May owns at least 1,005,153 shares after this. The price of the stock has decreased by 0.52% since.

Facebook Inc. ( FB ): COO Sheryl Sandberg sold 352,903 Shares

COO of Facebook Inc. ( FB ) Sheryl Sandberg sold 352,903 shares on 01/16/2013 at an average price of $29.68. Facebook Inc. was incorporated in Delaware in July 2004. Facebook Inc. has a market cap of $64.26 billion; its shares were traded at around $29.68 with a P/E ratio of 400 and P/S ratio of 16.7224.

On Oct. 23, 2012, Facebook Inc. reported financial results for the third quarter, which ended Sept. 30, 2012. Revenue for the third quarter totaled $1.26 billion, an increase of 32%, compared with $954 million in the third quarter of 2011. Excluding the impact of year-over-year changes in foreign exchange rates, revenue would have increased by 38%. Revenue from advertising was $1.09 billion, representing 86% of total revenue and a 36% increase from the same quarter last year. Excluding the impact of year-over-year changes in foreign exchange rates, advertising revenue would have increased by 43%.

Vice President, General Counsel and Secretary Theodore Warren Ullyot sold 51,270 shares of FB stock on 01/07/2013 at the average price of $28.74. Theodore Warren Ullyot owns at least 857,048 shares after this. The price of the stock has increased by 3.27% since.

PPG Industries Inc. ( PPG ): Executive Vice President J. Rich Alexander sold 56,800 Shares

Executive Vice President of PPG Industries Inc. ( PPG ) J. Rich Alexander sold 56,800 shares on 01/16/2013 at an average price of $142.75.

PPG Industries Inc. was incorporated in Pennsylvania in 1883. PPG Industries Inc. has a market cap of $21.89 billion; its shares were traded at around $142.75 with a P/E ratio of 23.8095 and P/S ratio of 1.4684. The dividend yield of PPG Industries Inc. stocks is 1.64%. PPG Industries Inc. had an annual average earnings growth of 3% over the past 10 years. GuruFocus rated PPG Industries Inc. the business predictability rank of 3-star.

On Jan. 14, 2013, PPG Industries reported fourth quarter 2012 net sales of $3.6 billion. Net income for the quarter was $227 million, or $1.46 per diluted share, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring charges, was $238 million, or $1.53 per diluted share. Fourth quarter 2011 net sales were $3.5 billion, and net income was $216 million, or $1.39 per diluted share. PPG's annual sales for 2012 were $15.2 billion, an increase of 2 percent versus 2011 sales of $14.9 billion. The company's full year 2012 net income was $941 million, or $6.06 per diluted share, versus 2011 net income of $1.1 billion, or $6.87 per diluted share. Full year 2012 adjusted net income was $1.2 billion, or $7.94 per diluted share. The company's full year tax rate on ongoing earnings was 25 percent in 2012 and 2011.

Senior Vice President Automotive Coatings Cynthia A. Niekamp sold 9,900 shares of PPG stock on 08/01/2012 at the average price of $108.86. Cynthia A. Niekamp owns at least 17,328 shares after this. The price of the stock has increased by 31.13% since.

For the complete list of stocks that were bought/sold by their company executives, go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .