Insiders Sold Shares in These Technology Companies in November

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

  • George A Papa who is Sr VP, Worldwide Sales at Altera Corp. (NASDAQ:ALTR), sold 93,434 shares on Nov 14 at $37.50 per share for a total value of $3,503,738. The shares recently traded at $35.14, down $2.08, or 5.59% since the insider sale. About the company: Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company’s products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits. Get the most recent company news and stock data here >>
  • Lawrence Page who is Chief Executive Officer at Google Inc. (NASDAQ:GOOG), sold 27,778 shares on Nov 15 at $615.15 per share for a total value of $17,087,657. The shares recently traded at $580.94, down $35.62, or 5.78% since the insider sale. About the company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. Get the most recent company news and stock data here >>
  • Wim Elfrink who is EVP, Chief Globalisation Ofr at Cisco Systems, Inc. (NASDAQ:CSCO), sold 50,000 shares on Nov 15 at $18.98 per share for a total value of $948,860. The shares recently traded at $18.00, down $1.12, or 5.86% since the insider sale. About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world. Get the most recent company news and stock data here >>
  • William M Holt who is SR VP GM, TECH & MFG GRP at Intel Corporation (NASDAQ:INTC), sold 113,735 shares on Nov 15 at $24.95 per share for a total value of $2,837,688. The shares recently traded at $23.57, down $1.77, or 6.99% since the insider sale. About the company: Intel Corporation designs, manufactures, and sells computer components and related products. The Company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory products, graphics products, network and communications products, systems management software, conferencing products, and digital imaging products. Get the most recent company news and stock data here >>
  • Graham Smith who is Chief Financial Officer at Salesforce.com (NYSE:CRM), sold 11,500 shares on Nov 15 at $134.36 per share for a total value of $1,545,134. The shares recently traded at $111.98, down $24.62, or 18.02% since the insider sale. About the company: Salesforce.com, Inc. provides software on demand. The Company supplies a customer relationship management service to businesses worldwide providing a technology platform for customers and developers to build and run business applications. Clients use Salesforce.com to manage their customer, sales and operational data. Get the most recent company news and stock data here >>
  • Eric F Brown who is EVP & Chief Financial Officer at Electronic Arts Inc. (NASDAQ:ERTS), sold 105,000 shares on Nov 15 at $23.49 per share for a total value of $2,466,576. The shares recently traded at $21.63, down $2.18, or 9.16% since the insider sale. About the company: Electronic Arts Inc. develops, publishes, and distributes branded interactive entertainment software worldwide for video game consoles, personal computers, handheld game players, and cellular handsets. The Company also provides online game-related services. Get the most recent company news and stock data here >>
  • Douglas A Berthiaume who is CHAIRMAN, PRESIDENT & CEO at Waters Corp. (NYSE:WAT), sold 17,784 shares on Nov 16 at $79.52 per share for a total value of $1,414,184. The shares recently traded at $74.35, down $4.31, or 5.48% since the insider sale. About the company: Waters Corporation provides high-performance liquid chromatography products and services. The Company distributes its products worldwide to a wide range of industries such as pharmaceuticals, chemicals, and environmental testing. Waters also designs, manufactures, sells and services thermal analysis, rheometry and calorimetry instruments and related software products. Get the most recent company news and stock data here >>
  • Ronald S Nersesian who is Exec. Vice President, COO at Agilent Technologies Inc. (NYSE:A), sold 26,836 shares on Nov 18 at $37.43 per share for a total value of $1,004,471. The shares recently traded at $35.79, down $1.02, or 2.77% since the insider sale. About the company: Agilent Technologies, Inc. provides core bio-analytical and electronic measurement solutions to the communications, electronics, life sciences and chemical analysis industries. The Company’s operations include electronic measurement, bio-analytical measurement, semiconductor and board testing. Get the most recent company news and stock data here >>
  • Scott D Cook who is Chairman of Exec. Committee at Intuit Inc. (NASDAQ:INTU), sold 518,360 shares on Nov 21 at $50.72 per share for a total value of $26,290,373. About the company: Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing. Get the most recent company news and stock data here >>
  • Kiran M Patel who is EVP, Small Business Group at Intuit Inc. (NASDAQ:INTU), sold 100,000 shares on Nov 21 at $50.68 per share for a total value of $5,068,403. About the company: Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing. 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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