Weekly Top Insider Sells: SNI, CRM, ORCL, FOSL, and CAM

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Jul 03, 2011
According to GuruFocus Insider Data, these are the largest insider sells during the past week.


Scripps Networks Interactive (SNI, Financial): Director Mary Peirce sold 6,430,027 Shares

Director of Scripps Networks Interactive (SNI) Mary Peirce sold 6,430,027 shares on 06/30/2011 at an average price of $49.35.


Scripps Networks Interactive Inc. is the developer of lifestyle-oriented content for television and the Internet, where on-air programming is complemented with online video, social media areas and e-commerce components on companion Web sites and broadband vertical channels. Scripps Networks Interactive has a market cap of $6.6 billion; its shares were traded at around $49.35 with a P/E ratio of 19.9 and P/S ratio of 3.2. The dividend yield of Scripps Networks Interactive stocks is 0.8%.


On May 05, 2011 Scripps Networks Interactive Inc. reported operating results for the first quarter 2011. Consolidated revenues for the quarter increased 14 percent to $536 million from the prior-year period. Results for the three-month period ended March 31 reflect strong advertising revenue of $324 million, up 12 percent, and affiliate fee revenue of $145 million, up 6.3 percent year-over-year.


SVP & Treasurer Mark F Schuermann sold 1,413 shares of SNI stock on 03/04/2011 at the average price of 51.51. The price of the stock has decreased by 4.19% since.


Salesforce.com Inc. (CRM, Financial): Director Craig Ramsey sold 90,000 Shares

Director of Salesforce.com Inc. (CRM) Craig Ramsey sold 90,000 shares on 06/30/2011 at an average price of $149.39.


Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $19.86 billion; its shares were traded at around $149.39 with a P/E ratio of 276.7 and P/S ratio of 11.9.


On May 19, 2011Salesforce.com announced results for its fiscal first quarter ended April 30, 2011. Total Q1 revenue was $504 million, an increase of 34% on a year-over-year basis. Subscription and support revenues were $474 million, an increase of 35% on a year-over-year basis. Professional services and other revenues were $31 million, an increase of 18% on a year-over-year basis.


EVP, Platform and Marketing George Hu sold 4,582 shares of CRM stock on 06/29/2011 at the average price of 147.37. George Hu owns at least 2,125 shares after this. The price of the stock has increased by 1.37% since.


Oracle Corp. (ORCL, Financial): President Safra Catz sold 350,000 Shares

President of Oracle Corp. (ORCL) Safra Catz sold 350,000 shares on 06/28/2011 at an average price of $33.05.


Oracle Corporation is one of the world's suppliers of software for information management. Oracle Corp. has a market cap of $167.25 billion; its shares were traded at around $33.05 with a P/E ratio of 15.6 and P/S ratio of 4.7. The dividend yield of Oracle Corp. stocks is 0.8%. Oracle Corp. had an annual average earnings growth of 16.7% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 2.5-star.


On June 23, 2011 Oracle Corporation announced fiscal 2011 Q4 GAAP total revenues were up 13% to $10.8 billion, while non-GAAP total revenues were up 12% to $10.8 billion. Both GAAP and non-GAAP new software license revenues were up 19% to $3.7 billion. Both GAAP and non-GAAP software license updates and product support revenues were up 15% to $4.0 billion. Both GAAP and non-GAAP hardware systems products revenues were down 6% to $1.2 billion. GAAP operating income was up 32% to $4.4 billion, and GAAP operating margin was 40%.


Controller, SVP, CAO W Corey West sold 20,000 shares of ORCL stock on 04/29/2011 at the average price of 35.73. W Corey West owns at least 5,000 shares after this. The price of the stock has decreased by 7.5% since.


Fossil Inc. (FOSL, Financial): Director Jal S Shroff sold 70,000 Shares


Director of Fossil Inc. (FOSL) Jal S Shroff sold 70,000 shares during the past week at an average price of $121.96.


FOSSIL, INC. designs, develops, markets and distributes fashion watches and other accessories principally under the FOSSIL brand name. Fossil Inc. has a market cap of $7.72 billion; its shares were traded at around $121.96 with a P/E ratio of 29.6 and P/S ratio of 3.7. Fossil Inc. had an annual average earnings growth of 16.3% over the past 10 years. GuruFocus rated Fossil Inc. the business predictability rank of 3.5-star.


On May 10, 2011 Fossil, Inc. reported net sales and earnings for the thirteen-week period ended April 2, 2011. First Quarter Results (2011 vs. 2010): Net sales increased 36.6% (35.1% in constant dollars) to $537.0 million compared to $393.2 million. Gross profit margin rose 40 basis points to 56.2% of net sales, compared to 55.8% of net sales. Operating income increased 80.6% to $92.6 million, or 17.2% of net sales, compared to $51.3 million, or 13.0% of net sales. Net income attributable to Fossil, Inc. increased 55.5% to $55.8 million compared to $35.9 million; and diluted earnings per share rose 62.3% to $0.86 per diluted share on 64.8 million shares compared to $0.53 per diluted share on 68.0 million shares.


Director Jeffrey N Boyer sold 1,100 shares of FOSL stock on 06/22/2011 at the average price of 114.5. Jeffrey N Boyer owns at least 2,478 shares after this. The price of the stock has increased by 6.52% since.


Cameron International Corp. (CAM, Financial): Director Sheldon R Erikson sold 100,000 Shares


Director of Cameron International Corp. (CAM) Sheldon R Erikson sold 100,000 shares on 06/30/2011 at an average price of $50.43.


Cooper Cameron Corporation's is a provider of flow equipment products, systems and services to worldwide oil, gas and process industries. Cameron International Corp. has a market cap of $12.36 billion; its shares were traded at around $50.43 with a P/E ratio of 21.3 and P/S ratio of 2.1. Cameron International Corp. had an annual average earnings growth of 22.3% over the past 10 years. GuruFocus rated Cameron International Corp. the business predictability rank of 3.5-star.


On April 28, 2011 reported net income of $109.5 million, or $0.43 per diluted share, for the quarter ended March 31, 2011, compared with net income of $120.4 million, or $0.48 per diluted share, for the first quarter of 2010. The first quarter 2011 results include after-tax charges of $7.0 million, or $0.03 per share, primarily related to litigation costs associated with the Deepwater Horizon matter. The first quarter 2010 results included after-tax charges of $7.7 million, or $0.03 per diluted share, for severance-related costs in certain of the Company's businesses and acquisition integration costs.


Sr Vice President James E Wright sold 18,334 shares of CAM stock on 02/16/2011 at the average price of 59.02. James E Wright owns at least 48,351 shares after this. The price of the stock has decreased by 14.55% since.


For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.