Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Ross Stores Inc. (NASDAQ:ROST).

SEC data indicate these insiders have sold Ross Stores Inc.’s stock since 06/30/2011:

Rentler Barbara: act as President, Chief Merch Officer. On 09/16/2011, sold 10,091 shares, worth $818,000.

O Sullivan Michael B: act as President, Chief Operating Off. On 10/14/2011, sold 5,000 shares, worth $420,000.

SEC data indicate that these institutions significantly reduced their stock shares of Ross Stores Inc. in Q3 2011:

CITADEL ADVISORS LLC: On 06/30/2011, held 2,503,130 shares, worth $199,449,398. On 09/30/2011, held 0 shares.

RENAISSANCE GROUP LLC: On 06/30/2011, held 842,893 shares, worth $67,161,714. On 09/30/2011, held 0 shares.

PARTNER FUND MANAGEMENT, L.P.: On 06/30/2011, held 487,724 shares, worth $38,861,848. On 09/30/2011, held 0 shares.

PARTNER INVESTMENT MANAGEMENT, L.P.: On 06/30/2011, held 189,996 shares, worth $15,138,881. On 09/30/2011, held 0 shares.

About the company: Ross Stores, Inc. operates a national chain of off-price retail apparel stores. The stores offer brand-name apparel, apparel-related merchandise for the entire family, fragrances, gift items, and linens for the home.

Competitors to Watch: Citi Trends, Inc. (NASDAQ:CTRN), Syms Corp. (NASDAQ:SYMS), Stein Mart, Inc. (NASDAQ:SMRT), Stage Stores, Inc. (NYSE:SSI), Nordstrom, Inc. (NYSE:JWN), Abercrombie & Fitch Co. (NYSE:ANF), Urban Outfitters, Inc. (NASDAQ:URBN), American Eagle Outfitters (NYSE:AEO), The Gap Inc. (NYSE:GPS), and The Buckle, Inc. (NYSE:BKE).

(Note: Data regarding Ross Stores Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

Get Your FREE Special Report: 4 Things You Must Know About the US Economy Now!