|New Threads Only:|
|New Threads & Replies:|
Forum List » Value Ideas and Strategies|
Share and discuss value investing ideas and investing strategies.
Weekly CEO Sells Highlight: Rackspace Hosting Inc, Twenty-First Century Fox Inc, Groupon Inc, Macy’s Inc.
Posted by: alicet236 (IP Logged)
Date: November 17, 2013 10:22AM
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Rackspace Hosting, Twenty-First Century Fox, Groupon and Macy’s.
Rackspace Hosting (RAX): CEO Lanham Napier sold 902,238 Shares
CEO of Rackspace Hosting, Inc. (RAX) A Lanham Napier sold 902,238 shares on Nov. 15 at an average price of $42.36. Rackspace Hosting has a market cap of $5.9 billion; its shares were traded at around $42.21 with a P/E ratio of 56.30 and P/S ratio of 4.07. Rackspace Hosting had an annual average earnings growth of 27.50% over the past 5 years.
Rackspace Hosting announced their 2013 third quarter financial results. The Company reported revenues of $389 million and net income of $16 million.
CEO A Lanham Napier sold 904,701 shares of RAX stock in August and November. CFO Karl Pichler sold 671 shares of RAX stock on Aug. 12 at the average price of 47.85. Director S. James Bishkin, Sr. V.P., GC, and Secretary Alan Schoenbaum, COO Mark Roenigk, and SVP and Chief Customer Officer Taylor Rhodes sold 96,778 shares of RAX stock in September and November.
Twenty-First Century Fox Inc (FOX): Dep. COO/Chair and CEO, Int'l James R Murdoch sold 455,000 Shares
Dep. COO/Chair and International CEO of Twenty-First Century Fox Inc (FOX) James Murdoch sold 455,000 shares on Nov. 13 at an average price of $32.97. Twenty-First Century Fox has a market cap of $77.24 billion; its shares were traded at around $33.85 with a P/E ratio of 11.30 and P/S ratio of 2.74. The dividend yield of Twenty-First Century Fox Inc stocks is 0.62%.
Twenty-First Century Fox Inc. reported revenues of $2.07 billion and net income of $38 million for their 2014 first fiscal results.
Dep. COO/Chair and CEO, Int'l James R Murdoch sold 455,000 shares of FOX stock on Nov. 13 at the average price of 32.97. Director Robert S Silberman bought 11,000 shares of FOX stock on Aug. 13 at the average price of 32.53.
Groupon Inc (GRPN): CEO, 10% Owner Eric P Lefkofsky sold 454,166 Shares
CEO, 10% Owner of Groupon Inc (GRPN) Eric Lefkofsky sold 454,166 shares on Nov. 14 at an average price of $10.44. Groupon has a market cap of $7.16 billion; its shares were traded at around $10.69 with and P/S ratio of 2.90.
Revenues were $595.1 million and net loss of $2.6 million for Groupon Inc’s 2013 third quarter results.
CEO, 10% Owner Eric P Lefkofsky sold 454,166 shares of GRPN stock on Nov. 14 at the average price of 10.44. CFO Jason Child sold 80,000 shares of GRPN stock in August and September. Director Theodore Leonsis, Director Bradley A Keywell¸ and SVP - Product Management Jeffrey Holden sold 1,158,000 shares of GRPN stock from September to November.
Macy's Inc (M): Chairman, CEO and President Terry J Lundgren sold 275,000 Shares
Chairman, CEO and President of Macy's Inc (M) Terry J Lundgren sold 275,000 shares on Nov. 15 at an average price of $50.71. Macy's Inc has a market cap of $19.22 billion; its shares were traded at around $51.09 with a P/E ratio of 14.90 and P/S ratio of 0.73. The dividend yield of Macy's Inc stocks is 1.76%.
Macy’s Inc reported their 2013 third quarter results. The Company announced revenues of $6.3 billion and net income of $177 million.
Chairman, CEO and President Terry J Lundgren sold 275,000 shares of M stock on Nov. 15 at the average price of 50.71. Senior Officer Tim Taylor, bought 16,500 shares of M stock in September.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
Stocks Discussed: RAX, FOX, GRPN, M,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.