Weekly Insider Sells Highlight: ARMK, BRCM, AXP, AMAT

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Jun 02, 2015

According to GuruFocus Insider Data, the largest insider sells during the past week were: Aramark, Broadcom Corp, American Express Co, and Applied Materials Inc.

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

Aramark (ARMK, Financial): Director David Barr sold 7,500,000 Shares

Director of Aramark (ARMK, Financial) David Barr sold 7,500,000 shares on 05/27/2015 at an average price of $31.33.

Aramark is a provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. Aramark has a market cap of $7.46 billion; its shares were traded at around $31.33 with a P/E ratio of 32.80 and P/S ratio of 0.50. The dividend yield of Aramark stocks is 1.10%.

Aramark has released its second quarter 2015 results. Sales of $3.6 billion represented 6% organic growth over the second quarter last year due partially to a calendar shift. Adjusted operating income was $213 million and adjusted EPS were $0.37.

Director, 10% Owner Pincus Private Equity Warburg, Director Todd M Abbrecht, and multiple other insiders all also recently sold shares of ARMK on 05/27/2015.

Broadcom Corp (BRCM, Financial): Chairman of the Board and CTO Henry Samueli sold 870,000 Shares

Chairman of the Board and CTO Henry Samueli sold 870,000 shares of BRCM stock on 05/27/2015 at the average price of $54.83. Henry Samueli owns at least 578,738 shares after this. The price of the stock has increased by 1.17% since.

Broadcom Corp has a market cap of $33.17 billion; its shares were traded at around $55.47 with a P/E ratio of 48.60 and P/S ratio of 4.00. The dividend yield of Broadcom Corp stocks is 0.90% and the company had an annual average earnings growth of 18.30% over the past 10 years.

Broadcom Corp reported first quarter GAAP revenue of $2.06 billion and net income per share of $0.34. Non-GAAP EPS were $0.64

Executive Vice President & CFO Eric Brandt sold 60,000 shares of BRCM stock on 05/27/2015 at the average price of $55.4. Multiple other insiders have also recently sold shares of BRCM stock.

American Express Co (AXP, Financial): Group Pres., Global Corp Serv Stephen J Squeri sold 431,913 Shares

Group Pres., Global Corp Serv Stephen J Squeri sold 431,913 shares of AXP stock on 05/27/2015 at the average price of $80. Stephen J Squeri owns at least 173,437 shares after this. The price of the stock has decreased by 0.66% since.

American Express Co began operations as a joint stock association on March 28, 1850. It has a market cap of $80.73 billion; its shares were traded at around $79.47 with a P/E ratio of 14.00 and P/S ratio of 2.40. The dividend yield of American Express Co stocks is 1.30%. American Express Co had an annual average earnings growth of 9.70% over the past 10 years.

American Express saw first quarter EPS growth of 11% year-over-year to $1.48. Return on Average Equity was 29%.

Chairman & CEO Kenneth I Chenault sold 769,000 shares of AXP stock on 05/18/2015 at the average price of $80.07.

Applied Materials Inc (AMAT, Financial): Director Michael R Splinter sold 1,000,000 Shares

Director of Applied Materials Inc (AMAT, Financial) Michael R Splinter sold 1,000,000 shares on 05/27/2015 at an average price of $20.31.

Applied Materials Inc has a market cap of $25.01 billion; its shares were traded at around $20.31 with a P/E ratio of 20.10 and P/S ratio of 2.70. The dividend yield of Applied Materials Inc stocks is 2.00%.

For its first quarter of 2015, Applied Materials Inc announced net sales of $2.36 billion – up 8% year-over-year. The company also reported non-GAAP EPS of $0.27, up 17% over last year and GAAP operating income up 39% to $458 million.

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