Insiders are Bearish on Shares of Simon Property, Public Storage, Torchmark and U.S. Bancorp

Wall St. Watchdog reveals information about insiders who are bearish on these stocks in the Financial sector for the week ending November 18th, 2011.

  • Herbert Simon who is Chairman Emeritus of the Board at Simon Property Group Inc. (NYSE:SPG), sold 51,807 shares on Nov 11 at $128.05 per share for a total value of $6,633,824. The shares recently traded at $119.50, down $7.57, or 5.96% since the insider sale. About the company: Simon Property Group, Inc. is a self-administered and self-managed, real estate investment trust. The Company owns, develops, and manages retail real estate properties including regional malls, outlet centers, community/lifestyle centers, and international properties. Get the most recent company news and stock data here >>
  • David F Doll who is SENIOR VICE PRESIDENT at Public Storage (NYSE:PSA), sold 9,521 shares on Nov 11 at $126.18 per share for a total value of $1,201,318. The shares recently traded at $123.18, down $2.48, or 1.97% since the insider sale. About the company: Public Storage is a real estate investment trust. The trust’s principal business activities include the acquisition, development, ownership and operation of self-storage facilities in the United States. Public Storage also own an equity interest in an owner and operator of self-storage facilities in Europe. Get the most recent company news and stock data here >>
  • Bryce Blair who is CEO at Avalonbay Communities Inc. (NYSE:AVB), sold 15,541 shares on Nov 11 at $128.52 per share for a total value of $1,997,281. The shares recently traded at $120.66, down $8.66, or 6.7% since the insider sale. About the company: AvalonBay Communities, Inc. is a self-managed, fully-integrated multi-family real estate investment trust. The Company focuses on the ownership and operation of institutional-quality apartment communities in high barrier-to-entry markets of the United States. The markets are located in Northern and South California and in the Mid-Atlantic, Northeast, Midwest and Pacific Northwest region. Get the most recent company news and stock data here >>
  • Gary L Coleman who is EVP & Chief Financial Officer at Torchmark Corp. (NYSE:TMK), sold 68,000 shares on Nov 11 at $42.53 per share for a total value of $2,892,346. The shares recently traded at $41.34, down $1, or 2.36% since the insider sale. About the company: Torchmark Corporation is an insurance and financial services holding company. The Company’s subsidiaries offer life and health insurance, and annuities. Life products include traditional and interest sensitive whole life insurance as well as term life insurance. Health products include Medicare supplement, cancer, accident, long-term care, and limited hospital and surgical coverages. Get the most recent company news and stock data here >>
  • Anthony L Mcworter who is Exec. Officer of Principal Sub at Torchmark Corp. (NYSE:TMK), sold 30,000 shares on Nov 11 at $46.53 per share for a total value of $1,395,900. The shares recently traded at $41.34, down $1, or 2.36% since the insider sale. About the company: Torchmark Corporation is an insurance and financial services holding company. The Company’s subsidiaries offer life and health insurance, and annuities. Life products include traditional and interest sensitive whole life insurance as well as term life insurance. Health products include Medicare supplement, cancer, accident, long-term care, and limited hospital and surgical coverages. Get the most recent company news and stock data here >>
  • Larry M Hutchison who is EVP & General Counsel at Torchmark Corp. (NYSE:TMK), sold 70,000 shares on Nov 11 at $42.22 per share for a total value of $2,955,449. The shares recently traded at $41.34, down $1, or 2.36% since the insider sale. About the company: Torchmark Corporation is an insurance and financial services holding company. The Company’s subsidiaries offer life and health insurance, and annuities. Life products include traditional and interest sensitive whole life insurance as well as term life insurance. Health products include Medicare supplement, cancer, accident, long-term care, and limited hospital and surgical coverages. Get the most recent company news and stock data here >>
  • Andrew Cecere who is Vice Chairman and CFO at U.S. Bancorp (NYSE:USB), sold 86,462 shares on Nov 15 at $25.58 per share for a total value of $2,211,698. The shares recently traded at $24.62, down $0.9, or 3.53% since the insider sale. About the company: U.S. Bancorp is a diversified financial services company that provides lending and depository services, cash management, foreign exchange and trust and investment management services. The Company also provides credit card services, mortgage banking, insurance, brokerage, and leasing. U.S Bancorp operates in the Midwest and Western United States. Get the most recent company news and stock data here >>
  • Gregory E Johnson who is CEO and President at Franklin Resources Inc. (NYSE:BEN), sold 52,972 shares on Nov 15 at $105.13 per share for a total value of $5,568,909. The shares recently traded at $95.47, down $9.34, or 8.91% since the insider sale. About the company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds. Get the most recent company news and stock data here >>
  • Jennifer M Johnson who is EVP & Chief Operating Officer at Franklin Resources Inc. (NYSE:BEN), sold 10,204 shares on Nov 17 at $100.05 per share for a total value of $1,020,942. The shares recently traded at $95.47, down $3.96, or 3.98% since the insider sale. About the company: Franklin Resources, Inc. provides investment advisory services to mutual fund, retirement, institutional/separate accounts and high net worth investors. The Company manages various asset classes including domestic, international/global and emerging markets equity, domestic, international and municipal fixed income, money funds, alternative investments, and hedge funds. Get the most recent company news and stock data here >>
  • Jeffrey C Sprecher who is Chief Executive Officer at IntercontinentalExchange, Inc. (NYSE:ICE), sold 47,250 shares on Nov 17 at $119.63 per share for a total value of $5,652,723. The shares recently traded at $114.15, down $4.02, or 3.4% since the insider sale. About the company: IntercontinentalExchange Inc. operates global commodity and financial products marketplaces. The Company operates electronic energy markets and soft commodity exchanges as well. ICE offers access to contracts based on crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities including cocoa, coffee, cotton, orange juice, and sugar. Get the most recent company news and stock data here >>

(Note: Selected financial data are sourced from publicly available SEC filings. All data are assumed to be accurate.)

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