Weekly Insider Sells Highlight: ETE, STZ, HPQ, AYI

Author's Avatar
Jan 19, 2015

According to GuruFocus' Insider Data, the largest insider sells during the past week were Energy Transfer Equity LP, Constellation Brands Inc, Hewlett-Packard Co, and Acuity Brands Inc.

The overall trend of insiders is illustrated in the chart below:

Energy Transfer Equity LP: Director Marshall S McCrea Iii sold 400,000 shares

Director of Energy Transfer Equity LP (ETE, Financial) Marshall S McCrea Iii sold 400,000 shares on 01/14/2015 at an average price of $52.86.

Energy Transfer Equity LP has a market cap of $28.48 billion; its shares were traded at around $52.86 with a P/E ratio of 81.60 and P/S ratio of 0.53. The dividend yield of Energy Transfer Equity LP stocks is 2.84%. The company had an annual average earnings growth of 16.40% over the past 10 years.

Energy Transfer Equity LP had third-quarter 2014 net income of $188 million, compared to $151 million for the third quarter a year ago. Distributable Cash Flow was $234 million, an increase of $23 million over the $211 million reported a year ago.

Director, 10% Owner Kelcy L Warren bought 1,178,567 shares of ETE stock on 10/14/2014 at the average price of $51.3..

Constellation Brands Inc: Executive VP & CFO Robert P Ryder sold 91,567 shares

Executive VP & CFO Robert P Ryder sold 91,567 shares of Constellation Brands Inc (STZ, Financial) stock on 01/13/2015 at the average price of $108.34. Robert P Ryder owns at least 72,306 shares after this. The price of the stock has increased by 3.01% since.

Constellation Brands Inc has a market cap of $21.59 billion; its shares were traded at around $111.60 with a P/E ratio of 29.10 and P/S ratio of 3.75. Constellation Brands Inc had an annual average earnings growth of 15.80% over the past 10 years.

The company has recently released its fiscal third quarter 2015 results. Comparable net sales were 7% higher than a year ago at $1.54 billion. Comparable operating income was 11% higher at $415 million. Net income was 14% higher at $248 million, and diluted EPS increased 12% to $1.23.

Exec. VP & Gen. Counsel Thomas J Mullin sold 38,000 shares of STZ stock on 01/14/2015 at the average price of $107.09.

Hewlett-Packard Co: EVP and GM EG William L Veghte sold 200,000 Shares

EVP and GM EG William L Veghte sold 200,000 shares of Hewlett-Packard Co (HPQ, Financial) stock on 01/09/2015 at the average price of $41. William L Veghte owns at least 82,547 shares after this. The price of the stock has decreased by 6.49% since.

Hewlett-Packard Co has a market cap of $70.32 billion; its shares were traded at around $38.34 with a P/E ratio of 14.90 and P/S ratio of 0.66. The dividend yield of Hewlett-Packard Co stocks is 1.63%.

For its fourth quarter of 2014, the company reported net revenues of $28.4 billion –Â down 2% from the prior year quarter – and non-GAAP diluted EPS of $1.06, up 5% from the prior year quarter. Fourth quarter cash flow from operations was down 4% to $2.7 billion.

Acuity Brands Inc: EVP/CFO Richard K Reece sold 46,650 Shares

EVP/CFO Richard K Reece sold 46,650 shares of Acuity Brands Inc (AYI, Financial) stock on 01/13/2015 at the average price of $153.32. Richard K Reece owns at least 108,340 shares after this. The price of the stock has decreased by 1.75% since.

Acuity Brands Inc has a market cap of $6.53 billion; its shares were traded at around $150.64 with a P/E ratio of 37.10 and P/S ratio of 2.63. The dividend yield of Acuity Brands Inc stocks is 0.35%. The company had an annual average earnings growth of 4.50% over the past 10 years.

Acuity has recently released its first quarter 2015 results. The company reported net sales of $647.4 million, an increase of 13% over the same period of 2014. Net income for the first quarter increased 15% to $51.1 million, and diluted EPS rose 14% to $1.17.

CEO Vernon J Nagel and Director Robert F McCullough both also sold shares of AYI stock over the past week.

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