Weekly CEO Sells Highlight: COGT, RT, IPGP, LTD

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Oct 17, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Cogent Inc, Ruby Tuesday, IPC Photonics Corp, and Ltd. Brands Inc.


Cogent Inc. (COGT, Financial): CEO Ming Hsieh sold 31,369,965 Shares


CEO of Cogent Inc. (COGT) Ming Hsieh sold 31,369,965 shares on 10/08/2010 at an average price of $10.5. Cogent Inc is a provider of Automated Fingerprint Identification Systems, or AFIS, and other fingerprint biometric solutions to governments, law enforcement agencies and other organizations worldwide. Cogent Inc. has a market cap of $928.1 million; its shares were traded at around $10.5 with a P/E ratio of 41.9 and P/S ratio of 7.2.


On August 5, Cogent Inc. announced its financial results for the second quarter ended June 30, 2010. The Company announced revenues of $25.4 million.


CEO Ming Hsieh sold 31,369,965 shares of COGT stock on 10/08/2010 at the average price of 10.5. Director Kenneth R Thornton sold 5,000 shares of COGT stock on 10/08/2010 at the average price of 10.5.


Ruby Tuesday Inc. (RT, Financial): CEO Samuel E Beall Iii sold 199,988 Shares


CEO of Ruby Tuesday Inc. (RT) Samuel E Beall Iii sold 199,988 shares on 10/12/2010 at an average price of $12.01. Ruby Tuesday operates casual dining concepts comprised of Ruby Tuesday, Mozzarella's & Tia's. Ruby Tuesday Inc. has a market cap of $791.7 million; its shares were traded at around $12.22 with a P/E ratio of 15.1 and P/S ratio of 0.7. Ruby Tuesday Inc. had an annual average earning growth of 2.2% over the past 10 years.


Ruby Tuesday reported its financial results ended June 1. The Company reported revenues of $313.5 million.


CEO Samuel E Beall III sold 199,988 shares of RT stock on 10/12/2010 at the average price of 12.01. SVP - CFO Marguerite N Duffy sold 7,137 shares of RT stock in June and August. Executive Vice President Kimberly Grant sold 25,750 shares of RT stock in October. SVP-Chief People Officer Robert F Leboeuf and Senior VP-CTO Nicolas Ibrahim together sold 48,370 shares of RT stock on 10/12/2010.


IPG Photonics Corp. (IPGP, Financial): CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 187,900 Shares


CEO & Chairman of the Board, 10% Owner of IPG Photonics Corp. (IPGP) Valentin P Gapontsev sold 187,900 shares on 10/15/2010 at an average price of $21.47. IPG PHOTONICS is a company of fiber lasers and amplifiers. Ipg Photonics Corp. has a market cap of $1 billion; its shares were traded at around $21.67 with a P/E ratio of 52.8 and P/S ratio of 5.4.


IPC Photonics Corp. announced their 2010 second quarter financial results. The Company announced revenues of $67.3 million.


CEO & Chairman of the Board, 10% Owner Valentin P Gapontsev sold 187,900 shares of IPGP stock on 10/15/2010 at the average price of 21.47. Vice President & CFO Timothy Pv Mammen sold 66,667 shares of IPGP stock in May and August.VP, Industrial Products William H Shiner and Vice President Alexander Ovtchinnikov together sold 10,487 shares of IPGP stock in October. Director John H Dalton sold 30,000 shares of IPGP stock in September.


Ltd. Brands Inc. (LTD, Financial): CEO/P VS Megabrand Int App Grp Sharen J Turney sold 157,191 Shares


CEO/P VS Megabrand Int App Grp of Ltd. Brands Inc. (LTD) Sharen J Turney sold 157,191 shares on 10/08/2010 at an average price of $28.66. The Limited, Inc. is principally engaged in the purchase, distribution and sale of women's, men's and children's apparel, women's intimate apparel, personal care products, and a wide variety of sporting goods. Ltd. Brands Inc. has a market cap of $9.44 billion; its shares were traded at around $29.26 with a P/E ratio of 17.8 and P/S ratio of 1.1. The dividend yield of Ltd. Brands Inc. stocks is 2%. Ltd. Brands Inc. had an annual average earning growth of 5.3% over the past 10 years.


Ltd. Brands Inc. reported its 2010 second quarter results ended July 31. The Company reported revenues of $2.2 billion.


CEO/P VS Megabrand Int App Grp Sharen J Turney sold 157,191 shares of LTD stock on 10/08/2010 at the average price of 28.66. EVP of HR Jane L Ramsey sold 37,055 shares of LTD stock in September. Director, 10% Owner Leslie H Wexner sold 4,500,000 shares of LTD stock on 09/08/2010 at the average price of 25.37.


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