Top 10 Insider Stock Sales of the Past Week

Following is information on the top insider sales transactions recorded for the week ended June 3rd, 2011.  Note that one person recorded two of the top sales transactions; therefore, the following list of ten transactions has only nine unique names.

  1. George Matelich, who is an insider at Cvr Energy Inc (NYSE:CVI) ,sold 7,988,180 shares on May 26 2011 at $19.05, for total proceeds of $152,174,829. About the company:  CVR Energy, Inc. is an independent refiner and markets of transportation fuels.  The Company, through a limited partnership, produces ammonia and urea ammonia nitrate, or UAN, fertilizers.
  2. Carl Icahn, who is an insider at Take Two Interactive Software Inc (NASDAQ:TTWO) ,sold 5,000,000 shares on May 26 2011 at $16.36, for total proceeds of $81,800,000. About the company:  Take-Two Interactive Software, Inc. develops, markets, distributes, and publishes interactive entertainment software games and accessories.  The Company’s products are for the personal computer, PlayStation game console, PlayStation 2 computer entertainment system, Xbox, Nintendo GameCube, and Nintendo Game Boy Advance.  Take-Two operates offices worldwide. Competitors to Watch: Electronic Arts Inc. (NASDAQ:ERTS), Microsoft Corporation (NASDAQ:MSFT), THQ Inc. (NASDAQ:THQI), Activision Blizzard, Inc. (NASDAQ:ATVI), Majesco Entertainment Co. (NASDAQ:COOL), KONAMI CORPORATION (NYSE:KNM), Nintendo (NTDOY), Disney (NYSE:DIS) and Sony Corporation (NYSE:SNE).
  3. Edward Lampert, who is an insider at Autozone Inc (NYSE:AZO), sold 149,280 shares on May 27 2011 at $296.99, for total proceeds of $44,364,856. About the company:  AutoZone, Inc. is a specialty retailer of automotive replacement parts and accessories. The Company offers an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products.  Autozone operates in the United States and Puerto Rico, and Mexico. Competitors to Watch: Advance Auto Parts, Inc. (NYSE:AAP), O’Reilly Automotive, Inc. (NASDAQ:ORLY), The Pep Boys – Manny, Moe & Jack (NYSE:PBY), U.S. Auto Parts Network, Inc. (NASDAQ:PRTS), General Motors Company (NYSE:GM), Toyota Motor Corp. (NYSE:TM), Honda Motor CO., Ltd. (NYSE:HMC), Ford Motor Company (NYSE:F), CarMax (NYSE:KMX), Tesla Motors Inc (NASDAQ:TSLA), Tata Motors Limited (NYSE:TTM) and Navistar Intl. Corp. (NYSE:NAV).
  4. David West, who is an insider at Hershey Co (NYSE:HSY), sold 691,131 shares on May 26 2011 at $54.02, for total proceeds of $37,383,282. About the company:  The Hershey Company manufactures chocolate and sugar confectionery products.  The Company’s principal products include confectionery and snack products; gum and mint refreshment products; and food and beverage enhancers such as baking ingredients, toppings, and beverages. Competitors to Watch: Kraft Foods Inc. (NYSE:KFT), Snyder S Lance Inc (NASDAQ:LNCE), John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS), Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF), Tootsie Roll Industries, Inc. (NYSE:TR), Ralcorp Holdings, Inc. (NYSE:RAH), Diamond Foods, Inc. (NASDAQ:DMND), The Hain Celestial Group, Inc. (NASDAQ:HAIN), General Mills, Inc. (NYSE:GIS) Pepsi (NYSE:PEP), Coca-Cola (NYSE:KO) and The J.M. Smucker Company (NYSE:SJM).
  5. William Morris, who is an insider at Carbo Ceramics Inc (NYSE:CRR), sold 154,400 shares on May 26 2011 at $149.59, for total proceeds of $23,389,907. About the company:  Carbo Ceramics, Inc. produces and supplies ceramic proppants for use in the oil and gas industry.  The Company also provides foundry metal casting, and industrial mineral grinding.  Carbo has manufacturing plants located worldwide.
  6. Ralph Bartel, who is an insider at Travelzoo Inc (NASDAQ:TZOO), sold 312,314 shares on May 27 2011 at $70.42, for total proceeds of $22,695,760. About the company:  Travelzoo, Inc. provides online marketing solutions to the travel industry.  Through the Company’s Web site, its newsletter, and by using its listing management software, travel companies can inform Internet users about their specials.  Travelzoo serves companies such as Alamo Rent-a-Car, Delta Airlines, and Hilton Hotels.
  7. William Morris, who is an insider at Carbo Ceramics Inc (NYSE:CRR), sold 134,400 shares on May 31 2011 at $149.53, for total proceeds of $20,320,989. About the company:  Carbo Ceramics, Inc. produces and supplies ceramic proppants for use in the oil and gas industry.  The Company also provides foundry metal casting, and industrial mineral grinding.  Carbo has manufacturing plants located worldwide.
  8. William Sullivan, who is an insider at Agilent Technologies Inc (NYSE:A), sold 338,673 shares on May 27 2011 at $49.29, for total proceeds of $16,711,520. 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-analytic measurement, semiconductor and board testing. Competitors to Watch: LeCROY Corporation (NASDAQ:LCRY), Danaher Corporation (NYSE:DHR), Wireless Telecom Group, Inc. (AMEX:WTT), Thermo Fisher Scientific Inc. (NYSE:TMO), National Instruments Corp (NASDAQ:NATI), Life Technologies Corp. (NASDAQ:LIFE), JDS Uniphase Corporation (NASDAQ:JDSU), Spirent Communications Plc (SPMYY), PerkinElmer, Inc. (NYSE:PKI), and Aeroflex Holding Corp. (NYSE:ARX).
  9. Steven Gome, who is an insider at Netapp Inc (NASDAQ:NTAP), sold 222,003 shares on May 27 2011 at $55.11, for total proceeds of $12,234,585. About the company:  NetApp, Inc. provides storage and data management solutions.  The Company’s storage solutions include specialized hardware, software, and services that provide storage management for open network environments.  NetApp serves enterprises, government agencies, and universities worldwide. Competitors to Watch: EMC Corporation (NYSE:EMC), Dot Hill Systems Corp. (NASDAQ:HILL), Overland Storage, Inc. (NASDAQ:OVRL), Quantum Corporation (NYSE:QTM), ADPT Corporation (ADPT), Xyratex Ltd. (NASDAQ:XRTX), Seagate Technology PLC (NASDAQ:STX), Western Digital Corp. (NYSE:WDC), Brocade Communications Systems, Inc. (NASDAQ:BRCD), and Intl. Business Machines Corp. (NYSE:IBM).
  10. M Ells, who is an insider at Chipotle Mexican Grill Inc (NYSE:CMG), sold 35,000 shares on May 27 2011 at $288.78, for total proceeds of $10,176,148. About the company:  Chipotle Mexican Grill, Inc. owns and operates quick serve Mexican restaurants.  The Company operates restaurants throughout the United States. Competitors to Watch: McDonald’s Corporation (NYSE:MCD), Wendy’s Arby’s Group Inc. (NYSE:WEN), Starbucks Corporation (NASDAQ:SBUX), Sonic Corporation (NASDAQ:SONC), Darden Restaurants (NYSE:DRI) and Jack in the Box Inc. (NASDAQ:JACK).

(Note: The data are sourced from here, and are assumed to be accurate.)

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