Free 7-day Trial
All Articles and Columns »

Weekly CEO Sells Highlight: CTIC, DDR, UNM, BRCM, TC

10qk

guruat

1 followers
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: : Cell Therapeutics Inc, Developers Diversified Realty Corp, Unum Group, Broadcom Corp, and Thompson Creek Metals Company Inc.

Cell Therapeutics Inc. (CTIC): CEO James A Bianco sold 250,000 Shares

CEO of Cell Therapeutics Inc. (CTIC) James A Bianco sold 250,000 shares on 12/31/2010 at an average price of $0.37. Cell Therapeutic develops, acquires and commercializes novel treatments for cancer. Cell Therapeutics Inc. has a market cap of $329 million; its shares were traded at around $0.404 with and P/S ratio of 4113.3.

Cell Therapeutics Inc. ended their third quarter with net loss of $12,522.

CEO James A Bianco sold 1,100,000 shares of CTIC stock in September, November, and December. Director Phillip M Phd Nudelman sold 80,000 shares of CTIC stock in November and December. Director Vartan Gregorian, EVP, Corporate Communications Daniel G Eramian, and EVP, Finance & Administration Louis A Bianco sold 540,000 shares of CTIC stock in December.

Developers Diversified Realty Corp. (DDR): President & CEO Daniel B Hurwitz sold 150,000 Shares

President & CEO of Developers Diversified Realty Corp. (DDR) Daniel B Hurwitz sold 150,000 shares on 12/31/2010 at an average price of $13.99. DEVELOPERS DIVERSIFIED REALTY is a self administered and self managed real estate investment trust engaged in acquiring, owning, developing, redeveloping, managing and operating shopping and business centers. Developers Diversified Realty Corp. has a market cap of $3.47 billion; its shares were traded at around $13.56 with a P/E ratio of 12.5 and P/S ratio of 4.2. The dividend yield of Developers Diversified Realty Corp. stocks is 0.6%.

Developers Diversified Realty Corp. reported revenues of $ 2.1 million and net income of $2.6 million for their 2010 third quarter results.

President & CEO Daniel B Hurwitz sold 160,000 shares of DDR stock in December. Director Robert H Gidel bought 5,129 shares of DDR stock on 12/17/2010 at the average price of 13.2. Director Terrance R Ahern sold 755,426 shares of DDR stock in December. Director Craig Macnab and Director Scott D Roulston sold 24,000 shares of DDR stock in September and December.

Unum Group (UNM): President and CEO Thomas R Watjen sold 148,807 Shares

President and CEO of Unum Group (UNM) Thomas R Watjen sold 148,807 shares on 01/05/2011 at an average price of $25. UnumProvident is the industry leader in disability income protection and one of the top providers of supplemental benefits in the nation. Unum Group has a market cap of $7.9 billion; its shares were traded at around $24.91 with a P/E ratio of 9.3 and P/S ratio of 0.8. The dividend yield of Unum Group stocks is 1.5%. Unum Group had an annual average earning growth of 16.1% over the past 5 years.

UNUM Group reported their third quarter results. The Company announced revenues of $2.5 billion and net income of $220.8 million.

President and CEO Thomas R Watjen sold 198,807 shares of UNM stock in November and January. Director A S Macmillan and Director Ronald E Goldsberry sold 7,270 shares of UNM stock August and December.

Broadcom Corp. (BRCM): President & CEO Scott A Mcgregor sold 140,000 Shares

President & CEO of Broadcom Corp. (BRCM) Scott A Mcgregor sold 140,000 shares on 01/03/2011 at an average price of $43.5. Broadcom Corporation is a developer of highly integrated siliconsolutions that enable broadband digital data transmission to the home and within the business enterprise. Broadcom Corp. has a market cap of $22.97 billion; its shares were traded at around $44.8875 with a P/E ratio of 23.2 and P/S ratio of 5.1. The dividend yield of Broadcom Corp. stocks is 0.7%.

Broadcom Corp. reported their revenues of $1.806 billion and net income of $327 million in their 2010 third quarter financial results.

President & CEO Scott A Mcgregor sold 220,000 shares of BRCM stock in July, December, and January. Executive Vice President & CFO Eric Brandt sold 5,000 shares of BRCM stock in August and November. EVP & GM, Mobile Platforms Grp Scott A. Bibaud, Executive VP, Worldwide Sales Thomas F Lagatta, and EVP & GM, Wireless Con Grp Robert A. Rango sold 11,619 shares of BRCM stock in November, December, and January. Exec. V.P., G.C. & Secretary Arthur Chong sold 109,696 shares of BRCM stock in November and December.

Thompson Creek Metals Company Inc. (TC): CEO Kevin Loughrey sold 100,000 Shares

CEO of Thompson Creek Metals Company Inc. (TC) Kevin Loughrey sold 100,000 shares on 12/30/2010 at an average price of $14.61. Thompson Creek Metals Company Inc. (formerly Blue Pearl Mining Ltd. Thompson Creek Metals Company Inc. has a market cap of $2.38 billion; its shares were traded at around $14.5 with a P/E ratio of 14 and P/S ratio of 6.4.

Thompson Creek Metals Company Inc reported their 2010 third quarter results. The Company reported revenues of $161.8 million and net income of $31.1 million.

CEO Kevin Loughrey sold 100,000 shares of TC stock on 12/30/2010 at the average price of 14.61. Director James P Geyer bought 2,500 shares of TC stock on 08/25/2010 at the average price of 8.23.VP & COO S Scott Shellhaas, and VP, Gen. Counsel & Secretary Wendy Cassity sold 37,000 shares of TC stock on 01/04/2011 at the average price of 15.66. The price of the stock has decreased by 7.41% since. VP Sales & Marketing Mark Arthur Wilson sold 40,000 shares of TC stock in December.

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

About the author:

guruat
GuruFocus - Stock Picks and Market Insight of Gurus

Rating: 2.9/5 (8 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide