Weekly Top Insider Sells: Cablevision Systems Corp. NY Group, Red Hat Inc., Anadarko Petroleum Corp., Safeway Inc.

Weekly Top Insider Sells: CVC, RHT, APC, SWY

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Mar 14, 2010
According to GuruFocus Insider Data, these are the largest insider sells during the past week.

COO of Cablevision Systems Corp. NY Group (CVC, Financial) Thomas Rutledge sold 650,732 shares during the past week at an average price of $24.09.

Cablevision Systems Corp. is one of the nation's entertainment and telecommunications companies. Cablevision Systems Corp. Ny Group has a market cap of $7.27 billion; its shares were traded at around $24.09 with a P/E ratio of 22.5 and P/S ratio of 0.9. The dividend yield of Cablevision Systems Corp. Ny Group stocks is 1.7%.

Cablevision Systems Corporation recently reported financial results for the fourth quarter and full year ended December 31, 2009. Fourth quarter consolidated net revenues grew 5.0% to $2.145 billion compared to the prior year period.

For full year 2009, consolidated net revenues increased 7.5% to $7.773 billion, reflecting revenue growth in Telecommunications Services, Rainbow, Madison Square Garden and a full year of revenue at Newsday and Sundance in 2009 compared to a partial year in 2008.

Cablevision Systems Corp. NY Group is owned by 4 Gurus. Daniel Loeb and Brian Rogers own places in this stock.

Insiders Vice Chairman Hank Ratner, COO Thomas Rutledge, Sr. VP, Deputy GC & Secretary Victoria D Salhus, Executive Vice President Gregg G. Seibert, and Vice Chairman Hank Ratner all sold some of this stock recently.

Red Hat Inc. (RHT, Financial): Director Matthew Szulik sold 500,000 Shares

Director of Red Hat Inc. (RHT) Matthew Szulik sold 500,000 shares on 03/08/2010 at an average price of $30.76.

Red Hat Inc. is a developer and provider of open source software and services, including the Red Hat Linux operating system. Red Hat Inc. has a market cap of $5.8 billion; its shares were traded at around $30.76 with a P/E ratio of 61.5 and P/S ratio of 8.9. Red Hat Inc. had an annual average earning growth of 87.8% over the past 5 years.

Insiders EVP, CFO Charles E Jr Peters, Director Matthew Szulik, EVP, and Worldwide Sales Alex Pinchev sold some of this stock recently.

Anadarko Petroleum Corp. (APC, Financial): SVP, General Counsel & CAO Robert K Reeves sold 170,000 Shares

SVP, General Counsel & CAO of Anadarko Petroleum Corp. (APC) Robert K Reeves sold 170,000 shares on 03/04/2010 at an average price of $72.05.

Anadarko Petroleum Corporation is one of the world's largest independentoil and gas exploration and production companies. Anadarko Petroleum Corp. has a market cap of $35.49 billion; its shares were traded at around $72.05 with and P/S ratio of 4. The dividend yield of Anadarko Petroleum Corp. stocks is 0.5%. Anadarko Petroleum Corp. had an annual average earning growth of 28% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 3.5-star.

Company announced the 4Q09 results. Sales volumes for the 4th quarter were 53 million barrels of oil equivalent Mexico, and El Merk in Algeria. The company's liquids ratio increased to 41% during the 4th quarter of and on budget to deliver a total of more than 60,000 BOE/d net to Anadarko 2009, and it achieved annual record sales volumes of 220 million BOE, by 2012 compared with 206 million BOE in 2008.

Anadarko Petroleum Corp. is owned by several Gurus. David Williams, Brian Rogers, Kenneth Fisher, T Boone Pickens, and David Dreman all own places in this stock.

Insiders President & COO R A Walker, SVP, General Counsel & CAO Robert K Reeves, and Director John R Jr Butler sold some of this stock recently.

Safeway Inc. (SWY, Financial): Executive Vice President Robert L Edwards sold 400,000 Shares

Executive Vice President of Safeway Inc. (SWY) Robert L Edwards sold 400,000 shares on 03/05/2010 at an average price of $24.83.

Safeway, Inc. is a food and drug retailer in North America. Safeway Inc. has a market cap of $9.64 billion; its shares were traded at around $24.83 with a P/E ratio of 15.5 and P/S ratio of 0.2. The dividend yield of Safeway Inc. stocks is 1.6%. Safeway Inc. had an annual average earning growth of 9.8% over the past 5 years.

Safeway Inc. is owned by 4 Gurus. Richard Snow, Charles Brandes, and HOTCHKIS & WILEYall have places in this stock.

Recently, Senior Vice President David R Stern and Jerry Tidwell sold company’s stocks.