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Weekly CEO Sells Highlight: HAWK, RAX, ATML, AN

February 20, 2011 | About:
gurufocus

gurufocus

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Seahawk Drilling Inc, RACKSPACE HOSTING INC, Atmel Corp, AUTONATION INC.

RACKSPACE HOSTING INC. (RAX): CEO and President Lanham Napier sold 455,000 Shares

CEO and President of RACKSPACE HOSTING INC. (RAX) A Lanham Napier sold 455,000 shares on 02/15/2011 at an average price of $39.1. As the world's leader and specialist in hosting, Rackspace Hosting is changing the way businesses worldwide buy IT. Rackspace Hosting Inc. has a market cap of $4.85 billion; its shares were traded at around $38.45 with a P/E ratio of 113.1 and P/S ratio of 6.1.

RACKSPACE HOSTING INC. reported their fourth quarter results. The Company reported net revenue of $214.7 million and net income of $13.5 million.

CEO and President A Lanham Napier sold 455,000 shares of RAX stock on 02/15/2011 at the average price of 39.1. CFO Bruce R Knooihuizen sold 100,000 shares of RAX stock in September and December.Director S. James Bishkin, Sr. V.P., GC, and Secretary Alan Schoenbaum, COO Mark Roenigk, President, Cloud Lew Moorman, SVP and GM, Cloud Patrick M. Matthews sold 63,138 shares of RAX stock in December and February.

Atmel Corp. (ATML): President & CEO Steven Laub sold 866,209 Shares

President & CEO of Atmel Corp. (ATML) Steven Laub sold 866,209 shares during the past week at an average price of $16.09. Atmel Corporation is a global semiconductor company that designs, develops, manufactures and sells a wide range of highly integrated semiconductor integrated circuit products. Atmel Corp. has a market cap of $7.19 billion; its shares were traded at around $15.69 with a P/E ratio of 33.3 and P/S ratio of 4.3.

Atmel Corp. reported their 2010 fourth quarter results. The Company reported revenue of $458 million and net income of $223.1 million.

President & CEO Steven Laub sold 1,666,209 shares of ATML stock in November and February. VP Finance and CFO Stephen Cumming sold 210,030 shares of ATML stock in in November and February.Director Charles Carinalli bought 20,000 shares of ATML stock on 08/31/2010 at the average price of 5.86. Director Edward C Ross, VP RFA and Non-Volatile Memory Rod Erin, EVP & COO Walter Lifsey, Chief Accounting Officer David Mccaman sold 172,792 shares of ATML stock in November and February.

AUTONATION INC. (AN): Chairman and CEO Michael J Jackson sold 292,000 Shares

Chairman and CEO of AUTONATION INC. (AN) Michael J Jackson sold 292,000 shares on 02/10/2011 at an average price of $33.25. AutoNation, Inc. is the one of the largest automotive retailers in the United States. Autonation Inc. has a market cap of $5.09 billion; its shares were traded at around $34.39 with a P/E ratio of 22.1 and P/S ratio of 0.4. Autonation Inc. had an annual average earning growth of 3.8% over the past 10 years.

AUTONATION INC. reported their fourth quarter results. The company reported revenues of $3.2 billion and net income of $247 million.

Chairman and CEO Michael J Jackson sold 613,000 shares of AN stock in December and February.EVP and CFO Michael J Short sold 127,800 shares of AN stock in November, December, and February.

Seahawk Drilling Inc. (HAWK): President and CEO Randall D Stilley sold 290,924 Shares

President and CEO of Seahawk Drilling Inc. (HAWK) Randall D Stilley sold 290,924 shares on 02/16/2011 at an average price of $4.29. Seahawk Drilling, Inc. is an offshore drilling company headquartered in Houston, Texas. Seahawk Drilling Inc. has a market cap of $52.6 million; its shares were traded at around $4.4 with and P/S ratio of 0.2.

Seahawk Drilling Inc. reported their 2010 third quarter results. The Company roped revenues of $21.8 million.

President and CEO Randall D Stilley sold 324,521 shares of HAWK stock in August, Decmber, and February. Sr VP & CFO James R Easter sold 25,000 shares of HAWK stock on 02/16/2011 at the average price of 4.29. Director Stephen A Snider, Sr VP and COO William Conrad Hoffman, and & Chief Accounting Officer William G. Evans sold 119,606 shares of HAWK stock in February. Sr VP, GC, CCO & Secretary Alejandro Cestero sold 2,162 shares of HAWK stock in January and February.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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gurufocus
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