Weekly CEO Sells Highlight: The Kroger Co, Oracle Corp, Tutor Perini Corp, GIII Apparel Group LTD

Weekly CEO Sells Highlight: KR, ORCL, TPC, GIII

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Sep 25, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: The Kroger Co, Oracle Corp, Tutor Perini Corp, GIII Apparel Group LTD

Oracle Corp. (ORCL, Financial): CEO, 10% Owner Lawrence Joseph Ellison sold 5,000,000 Shares

CEO, 10% Owner of Oracle Corp. (ORCL) Lawrence Joseph Ellison sold 5,000,000 shares during the past week at an average price of $27.08. Oracle Corporation is a supplier of software for information management. Oracle Corp. has a market cap of $135.51 billion; its shares were traded at around $26.96 with a P/E ratio of 16 and P/S ratio of 5.2. The dividend yield of Oracle Corp. stocks is 0.7%. Oracle Corp. had an annual average earning growth of 16.7% over the past 10 years. GuruFocus rated Oracle Corp. the business predictability rank of 2.5-star.

Oracle Corporation announced 2010 first quarter results. The Company announced a revenue of $7.5 billion.

CEO, 10% Owner Lawrence Joseph Ellison sold 5,000,000 shares of ORCL stock in September. EVP - Latin America Div. Luiz Meisler bought 3,500 shares of ORCL stock on 07/08/2010 at the average price of 23.14. Executive Vice President Juergen Rottler, EVP-Product Development Thomas Kurian, President Safra Catz, and Controller, SVP, CAO W Corey West together sold 2,371,180 shares of ORCL stock in September.

Tutor Perini Corp. (TPC, Financial): Chairman & CEO, 10% Owner Ronald N Tutor sold 490,000 Shares

Chairman & CEO, 10% Owner of Tutor Perini Corp. (TPC) Ronald N Tutor sold 490,000 shares on 09/17/2010 at an average price of $19.29. Tutor Perini Corporation is a construction services company offering general contracting, construction management and design/build services to private clients and public agencies throughout the world. Tutor Perini Corp. has a market cap of $936.2 million; its shares were traded at around $19.9 with a P/E ratio of 8.8 and P/S ratio of 0.2. Tutor Perini Corp. had an annual average earning growth of 17.9% over the past 10 years.

On August 6, Tutor Perini Corp. (TCP) reported its 2010 financial results. The Company reported revenue of $914.4 million.

Chairman & CEO, 10% Owner Ronald N Tutor sold 1,990,000 shares of TPC stock in July, August, and September. Director Peter Arkley and Director Michael R Klein bought 48,000 shares of TPC stock in July and September. 10% Owner N. Tutor Separate Prope Ronald sold 1,390,000 shares of TPC stock in August and September.

GIII Apparel Group LTD. (GIII, Financial): CEO, 10% Owner Morris Goldfarb sold 162,083 Shares

CEO, 10% Owner of GIII Apparel Group LTD. (GIII) Morris Goldfarb sold 162,083 shares on 09/15/2010 at an average price of $30.74. GIII Apparel Group, Ltd. designs, manufactures, imports & markets an extensive range of leather & non-leather apparel including coats, jackets, pants, skirts & other sportswear items. GIII Apparel Group Ltd. has a market cap of $569.7 million; its shares were traded at around $29.83 with a P/E ratio of 12.7 and P/S ratio of 0.7. Giii Apparel Group Ltd. had an annual average earning growth of 12.7% over the past 10 years.

GIII Apparel Group LTD. reported their 2010 financial results. The Company reported a revenue of $801 million.

CEO, 10% Owner Morris Goldfarb sold 279,583 shares of GIII stock in April and September. CFO/Treas Neal Nackman sold 2,309 shares of GIII stock on 04/16/2010 at the average price of 27.99. Director Richard White, COO Wayne S Miller, President Katz Jeanette Nostra sold 35,902 shares of GIII stock in September. Director Carl Katz sold 19,600 shares of GIII stock in September.

The Kroger Co. (KR, Financial): Chairman of the Board and CEO David B Dillon sold 148,114 Shares

Chairman of the Board and CEO of The Kroger Co. (KR) David B Dillon sold 148,114 shares on 09/21/2010 at an average price of $21.69. Kroger Company is one of the larger grocery retailers in the United States. The Kroger Co. has a market cap of $14.18 billion; its shares were traded at around $22.09 with a P/E ratio of 13.4 and P/S ratio of 0.2. The dividend yield of The Kroger Co. stocks is 1.7%. The Kroger Co. had an annual average earning growth of 3.8% over the past 10 years. GuruFocus rated The Kroger Co. the business predictability rank of 3-star.

The Kroger Company announced their 2010 second quarter financial results. The Company announced revenue of $18.8 billion.

Chairman of the Board and CEO David B Dillon sold 148,114 shares of KR stock on 09/21/2010 at the average price of 21.69. Senior Vice President Paul J Scutt, Executive Vice President Donald E Becker, Vice President & Treasurer Scott M Henderson, and Senior Vice President R. Pete Williams sold 63,760 shares of KR stock in April and July.

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