Weekly Top Insider Sells: FIS, TIF, TGT, AZO, and INTU

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Sep 24, 2012
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:



Fidelity National Information Services (FIS, Financial): Director Thomas M. Hagerty sold 2,727,312 Shares

Director of Fidelity National Information Services (FIS) Thomas M. Hagerty sold 2,727,312 shares on 09/17/2012 at an average price of $32.64.

Certegy Inc. provides credit, debit and merchant card processing, e-banking, check risk management and check cashing services to financial institutions and merchants worldwide. Fidelity National Information Services has a market cap of $9.62 billion; its shares were traded at around $32.64 with a P/E ratio of 13.32 and P/S ratio of 1.67. The dividend yield of Fidelity National Information Services stocks is 2.45%. Fidelity National Information Services had an annual average earnings growth of 4.1% over the past 10 years.

On July 17, 2012 reported financial results for the quarter ended June 30, 2012. Revenue from continuing operations increased 3.1% to $1.46 billion in the second quarter of 2012, compared to $1.41 billion in the second quarter of 2011. GAAP net earnings from continuing operations attributable to common stockholders totaled $155.8 million, or $0.52 per diluted share, in the second quarter of 2012, compared to $126.6 million, or $0.41 per diluted share, in the prior year quarter.

Director Thomas M. Hagerty sold 2,439,399 shares of FIS stock on 08/17/2012 at the average price of $31.15. Thomas M. Hagerty owns at least 8,721,520 shares after this. The price of the stock has increased by 4.78% since.

Tiffany & Co. (TIF, Financial): Director Peter W. May sold 381,160 Shares

Director of Tiffany & Co. (TIF) Peter W. May sold 381,160 shares on 09/21/2012 at an average price of $63.51.

Tiffany & Co. operates jewelry and specialty retail stores and manufactures products through its subsidiary corporations. Tiffany & Co. has a market cap of $8.05 billion; its shares were traded at around $63.51 with a P/E ratio of 18.41 and P/S ratio of 2.21. The dividend yield of Tiffany & Co. stocks is 2.02%. Tiffany & Co. had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Tiffany & Co. the business predictability rank of 4-star.

On Aug. 27, 2012 Tiffany & Co. reported that in its second quarter the Company earned $92 million, or $0.72 per diluted share, on worldwide net sales of $887 million. Worldwide net sales of $887 million were 2% above the prior year.

Executive Vice President Jon M. King sold 23,000 shares of TIF stock on 09/10/2012 at the average price of $63.36. Jon M King owns at least 30,823 shares after this. The price of the stock has increased by 0.24% since.

Target Corporation (TGT, Financial): Executive Officer Gregg W. Steinhafel sold 200,000 Shares

Executive Officer of Target Corporation (TGT) Gregg W. Steinhafel sold 200,000 shares on 09/14/2012 at an average price of $65.45.

Target Corporation operates large-format general merchandise and food discount stores in the U.S., which include Target and SuperTarget stores. Target Corporation has a market cap of $43.27 billion; its shares were traded at around $65.45 with a P/E ratio of 14.84 and P/S ratio of 0.63. The dividend yield of Target Corporation stocks is 2.2%. Target Corporation had an annual average earnings growth of 9.1% over the past 10 years. GuruFocus rated Target Corporation the business predictability rank of 5-star.

On Aug. 15, 2012, Target Corporation reported second quarter net earnings of $704 million, or $1.06 per share. Adjusted earnings per share, a measure the company believes is useful in providing period-to-period comparisons of the results of its U.S. operations, were $1.12 in second quarter 2012, up 4.6 percent from $1.07 in 2011.

Executive Officer Jodee A. Kozlak sold 31,692 shares of TGT stock on 08/22/2012 at the average price of $64.2. Jodee A. Kozlak owns at least 44,702 shares after this. The price of the stock has increased by 1.95% since.

AutoZone Inc. (AZO, Financial): Corporate Development Officer Robert D. Olsen sold 31,600 Shares

Corporate Development Officer of AutoZone Inc. (AZO) Robert D. Olsen sold 31,600 shares on 09/20/2012 at an average price of $371.8.

AutoZone is the nation's specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. AutoZone Inc. has a market cap of $13.92 billion; its shares were traded at around $371.8 with a P/E ratio of 15.77 and P/S ratio of 1.62. AutoZone Inc. had an annual average earnings growth of 18.2% over the past 10 years. GuruFocus rated AutoZone Inc. the business predictability rank of 5-star.

AutoZone Inc. reported net sales of $2.8 billion for its fourth quarter (16 weeks) ended Aug. 25, 2012, an increase of 4.6% from the fourth quarter of fiscal 2011 (16 weeks). Domestic same store sales, or sales for stores open at least one year, increased 2.1% for the quarter. Net income for the quarter increased $22.3 million, or 7.4%, over the same period last year to $323.7 million, while diluted earnings per share increased 17.8% to $8.46 per share from $7.18 per share in the year-ago quarter.

Director Robert R. Grusky sold 500 shares of AZO stock on 09/20/2012 at the average price of $366.5. Robert R. Grusky owns at least 1,113 shares after this. The price of the stock has increased by 1.45% since.

Intuit Inc. (INTU, Financial): Director Christopher W. Brody sold 190,000 Shares

Director of Intuit Inc. (INTU) Christopher W. Brody sold 190,000 shares during the past week at an average price of $58.38.

Intuit's mission is to revolutionize how people manage their financial activities. Intuit Inc. has a market cap of $17.14 billion; its shares were traded at around $58.38 with a P/E ratio of 22.63 and P/S ratio of 4.13. The dividend yield of Intuit Inc. stocks is 1.03%. Intuit Inc. had an annual average earnings growth of 15.9% over the past 10 years. GuruFocus rated Intuit Inc. the business predictability rank of 4.5-star.

On Aug. 21, 2012, Intuit Inc. announced financial results for its fourth quarter and full fiscal year 2012, which ended July 31, and provided initial guidance for fiscal year 2013.Unless otherwise noted, all growth rates refer to the current period versus the comparable prior-year period. Intuit paid quarterly cash dividends of $0.15 per share that totaled $178 million during fiscal 2012. In August, Intuit’s board of directors approved a new quarterly cash dividend of $0.17 per share to be paid on October 18 to shareholders of record as of the close of business on October 10. Intuit repurchased $107 million shares of its common stock in the fourth quarter of fiscal 2012, bringing total repurchases for fiscal 2012 to $900 million. At the end of the fiscal year the current authorization had $1.7 billion remaining for stock repurchases through August 2014.

Vice President and Chief Accounting Officer Jeffrey P. Hank sold 22,686 shares of INTU stock on 08/27/2012 at the average price of $59.25. Jeffrey P. Hank owns at least 2,362 shares after this. The price of the stock has decreased by 1.47% since.

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