Large Insider Trade Activity Found in Consumer Cyclical and Internet Sectors
Press release from the issuing company
Tuesday, July 19th, 2011
Consumer Cyclical stocks are getting hotter these days. During the past three months, the trend of insider trading ratio has been following the same trend as the sector's stock movements. InsidersLab.com observed a sharp drop starting from May to about the middle of June before rebounding the first week of July.
Consumer Cyclical Sector 4-week Insider Buy Ratio: Decreased from 32% to 26%
Consumer Cyclical Sector 13-week Insider Buy Ratio: Increased from 24% to 32%
Consumer Cyclical Sector 52-week Insider Buy Ratio: Remained the same at 29%
NIKE, Inc. (NKE) – NIKE's fourth quarter revenues were up 14 percent toUS$5.8 billionand diluted earnings per share were up 17 percent toUS$1.24. OnJuly 7, President and CEOMark Parkersold 62,162 shares on the stock market at a stock price ofUS$93.02per share.
PVH Corp. (PVH) – According to PVH's second quarter report which was released onJune 23, the firm now expects EPS on a non-GAAP basis to be at leastUS$0.95. This target represents an increase of 23% over the same quarter last year. OnJuly 6, President and COOAllen E. Sirkindisposed of 11,419 common shares on the open market at a stock price ofUS$68.91per share.
The 4-week insider trading ratio of Internet sector dropped from 35% to around 20% during the year.
Consumer Services Sector 4-week Insider Buy Ratio: Increased from 15% to 21%
Consumer Services Sector 13-week Insider Buy Ratio: Increased from 19% to 28%
Consumer Services Sector 52-week Insider Buy Ratio: Decreased from 33% to 28%
Google Inc. (GOOG) – Google shares have been surging in July due to the company's continue expansion beyond search advertising. Shareholders such as CEOLawrence Pagemade large amounts of stock conversions during the past three months. However, Mr. Page didn't keep all of those granted stocks. He disposed a total ofUS$131.63 millionworth of shares on the stock market during that same time period.
Netflix, Inc. (NFLX) – Netflix shares climbed to overUS$286per share today. Recently, the company extended its multi-year TV and film content agreement with NBC Universal Domestic Television Distribution. OnJuly 14, CEO and DirectorReed Hastingsdisposed of 5,000 common shares through an option sale at a stock price ofUS$299.50per share.


