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Weekly CEO Sells Highlights: MAC, GNET, ASIA, and AVNR

September 05, 2010 | About:

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: The Macerich Company, Global Traffic Network Inc, AsiaInfo Holdings Inc, Avanir Pharmaceuticals

The Macerich Company (MAC): Chairman & CEO Arthur M Coppola sold 252,275 Shares

Chairman & CEO of The Macerich Company (MAC) Arthur M Coppola sold 252,275 shares on 09/03/2010 at an average price of $43.68. MACERICH CO. is a estate investment trust which is engaged in the acquisition, ownership, redevelopment, management and leasing of regional shopping centers located throughout the United States. The Macerich Company has a market cap of $5.71 billion; its shares were traded at around $44 with a P/E ratio of 14.2 and P/S ratio of 7.2. The dividend yield of The Macerich Company stocks is 4.7%.

On August 9, The Macerich Company announced results of operations for the quarter ended June 30, 2010, The Company announced a revenue of about $1.8 million.

Chairman & CEO Arthur M Coppola sold 252,275 shares of MAC stock on 09/03/2010 at the average price of 43.68. Senior EVP, Treasurer & CFO Hern Thomas E O sold 24,500 shares of MAC stock in March and September. Director Mason G Ross bought 800 shares of MAC stock on 05/10/2010 at the average price of 42.91. EVP, Marketing & Development Tracey P Gotsis and SEVP, COO & Chief Economist Anthony Grossi, Senior EVP, CLO & Secretary Richard A Bayer, and EVP, Development John M Genovese together sold 68,397 shares of MAC stock in March.

Global Traffic Network Inc. (GNET): Chairman, CEO & President, 10% Owner William L Yde Iii sold 180,000 Shares

Chairman, CEO & President, 10% Owner of Global Traffic Network Inc. (GNET) William L Yde Iii sold 180,000 shares on 08/30/2010 at an average price of $5. Global Traffic Network is a provider of custom traffic and news reports to radio and television stations outside the U. Global Traffic Network Inc. has a market cap of $96.7 million; its shares were traded at around $5.25 with a P/E ratio of 262.6 and P/S ratio of 1.5.

May 10, Global Traffic Network, Inc. announced its results for fiscal third quarter ended March 31, 2010.The Company announced a revenue of $24.1 million.

Chairman, CEO & President, 10% Owner William L Yde Iii sold 360,000 shares of GNET stock in May and August. Director, 10% Owner Dale C Arfman sold 54,200 shares of GNET stock in March and August.

AsiaInfo Holdings Inc. (ASIA): CEO & President Steve Zhang sold 120,000 Shares

CEO & President of AsiaInfo Holdings Inc. (ASIA) Steve Zhang sold 120,000 shares on 08/26/2010 at an average price of $20.01. AsiaInfo-Linkage, Inc., formerly known as Asiainfo Holdings, Inc. Asiainfo Holdings Inc. has a market cap of $852.8 million; its shares were traded at around $18.02 with a P/E ratio of 15.1 and P/S ratio of 3.5.

On July 28, AsiaInfo Holdings Inc. reported its secong quarter 2010 quarter results. The company reported a revenue of $65.6 million.

CEO & President Steve Zhang sold 120,000 shares of ASIA stock on 08/26/2010 at the average price of 20.01. Vice President Qi Jian sold 8,000 shares of ASIA stock in August. Director Tao Long and Edward C. Johnson 3d Llc Fmr together sold 343,307 shares of ASIA stock in April and August.

Avanir Pharmaceuticals (AVNR): President and CEO Keith Katkin sold 102,874 Shares

President and CEO of Avanir Pharmaceuticals (AVNR) Keith Katkin sold 102,874 shares on 09/01/2010 at an average price of $2.84. AVANIR Pharmaceuticals is focused on developing, acquiring and commercializing novel therapeutic products for the treatment of chronic diseases. Avanir Pharmaceuticals has a market cap of $253.7 million; its shares were traded at around $2.71 with and P/S ratio of 60.4.

President and CEO Keith Katkin sold 248,780 shares of AVNR stock in March, April, May, and September. Sr. VP, Chief Medical Officer Randall Kaye sold 55,000 shares of AVNR stock in July and August. Vice President, Finance Christine Ocampo sold 28,250 shares of AVNR stock on 08/11/2010 at the average price of 3.11.

For the complete list of stocks that bought by their CEOs, go to: Insider Buys.


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