Insiders are Trading These S&P 500 Shares Now

Wall St. Watchdog reveals information about insider trades in the constituent companies of the S&P 500 to watch now:

Rodney C Adkins who is Senior Vice President at International Business Machines Corp. (NYSE:IBM), sold 20,615 shares at $193.37 per share for a total value of $3,986,249. The shares recently traded at $192.82, down $0.55, or 0.28% since the insider sale.

Despite M&A buzz, CommVault Systems (NASDAQ:CVLT) Bob Hammer says he is focused on creating shareholder value “on our own as an independent company,” Reuters reports. Hammer, who says he is looking to grow the company’s annual revenues over the next five years to about $1B, says he has not ruled out forming more business partnerships.

Robert C Weber who is Senior Vice President at International Business Machines Corp. (NYSE:IBM), sold 20,500 shares at $193.00 per share for a total value of $3,956,500. The shares recently traded at $192.82, down $0.18, or 0.09% since the insider sale.

Despite M&A buzz, CommVault Systems (NASDAQ:CVLT) Bob Hammer says he is focused on creating shareholder value “on our own as an independent company,” Reuters reports. Hammer, who says he is looking to grow the company’s annual revenues over the next five years to about $1B, says he has not ruled out forming more business partnerships.

La Vega Rafael De who is Pres. & CEO-AT&T Mobility at AT&T, Inc. (NYSE:T), sold 216,443 shares at $29.95 per share for a total value of $6,481,732. The shares recently traded at $29.97, up $0.02, or 0.07% since the insider sale.

Arvind Sodhani who is EXEC. VP; PRES. INTEL CAPITAL at Intel Corporation (NASDAQ:INTC), sold 125,000 shares at $26.75 per share for a total value of $3,343,750. The shares recently traded at $26.72, down $0.03, or 0.11% since the insider sale.

Advanced Micro Devices (NYSE:AMD) disclosed at an analyst event that it has started manufacturing some chips, potentially including its next-generation A-series Fusion chips, at IBM’s (NYSE:IBM) facilities, reported the hardware review blog X-bit Laboratories. Production from IBM may lead to increased ability to compete in terms of volume with Intel (NASDAQ:INTC), the blog said.

Derek K Aberle who is EVP & Group President at QUALCOMM Incorporated (NASDAQ:QCOM), sold 202,250 shares at $61.02 per share for a total value of $12,340,749. The shares recently traded at $61.07, up $0.05, or 0.08% since the insider sale.

Robert A Ruff who is Sr. Vice President at Rockwell Automation Inc. (NYSE:ROK), sold 66,200 shares at $81.14 per share for a total value of $5,371,322. The shares recently traded at $81.27, up $0.13, or 0.16% since the insider sale.

Steven A Eisenbrown who is Sr. Vice President at Rockwell Automation Inc. (NYSE:ROK), sold 126,450 shares at $81.17 per share for a total value of $10,264,291. The shares recently traded at $81.27, up $0.1, or 0.12% since the insider sale.

Thomas Debrowski who is EVP Worldwide Operations at Mattel Inc. (NASDAQ:MAT), sold 100,000 shares at $31.56 per share for a total value of $3,155,920. The shares recently traded at $31.75, up $0.19, or 0.6% since the insider sale.

& Melinda Gates Foundatio Bill who is at AutoNation Inc. (NYSE:AN), sold 600,000 shares at $36.36 per share for a total value of $21,818,940. The shares recently traded at $37.14, up $0.78, or 2.15% since the insider sale.

The National Automobile Dealers Association projects previously owned vehicles prices will rise 1.8% in 2012, with much of the increase coming in the second half, reported The Wall Street Journal.

Abhijit Y Talwalkar who is President/CEO & Director at LSI Corporation (NYSE:LSI), sold 1,000,000 shares at $8.00 per share for a total value of $8,000,000. The shares recently traded at $8.05, up $0.05, or 0.63% since the insider sale.

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