Weekly CEO Sells Highlight: United Dominion Realty Trust, AsiaInfoLinkage Inc., Micron Technology Inc. and CVS Caremark

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Apr 11, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: United Dominion Realty Trust UDR, AsiaInfoLinkage Inc. (ASIA, Financial), Micron Technology Inc. (MU, Financial) and CVS Caremark (CVS, Financial).


United Dominion Realty Trust. (UDR, Financial): CEO Thomas W Toomey sold 200,000 Shares


CEO of UNITED DOMINION REALTY TRUST INC. (UDR) Thomas W Toomey sold 200,000 shares on 04/06/2011 at an average price of $24.3. United Dominion Realty Trust Inc. is a multi-family real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted U. United Dominion Realty Trust Inc. has a market cap of $4.33 billion; its shares were traded at around $23.7 with a P/E ratio of 21.55 and P/S ratio of 6.84. The dividend yield of United Dominion Realty Trust Inc. stocks is 3.12%. United Dominion Realty Trust Inc. had an annual average earnings growth of 16.1% over the past 5 years.


The Company generated funds from operations (FFO) of $53.4 million or $0.28 per diluted for the 2010 fourth quarter results.


CEO Thomas W Toomey sold 300,000 shares of UDR stock in April and December. Senior Vice President Thomas A. Spangler and Director Thomas C. Wajnert sold 15,413 shares of United Dominion Realty Trust Inc. stock in November and April.


AsiaInfoLinkage Inc (ASIA): CEO & President Steve Zhang sold 186,583 Shares


CEO & President of AsiaInfoLinkage Inc (ASIA) Steve Zhang sold 186,583 shares on 04/01/2011 at an average price of $21.48. AsiaInfo-Linkage Inc. is engaged in providing telecommunications software solutions and IT security products and services in China. Asiainfolinkage Inc. has a market cap of $1.6 billion; its shares were traded at around $21.38 with a P/E ratio of 15.61 and P/S ratio of 4.67.


For 2010, AsiaInfoLinkage Inc. reported net sales of $146.9 million and operating income of $17.6 million.


CEO & President Steve Zhang sold 186,583 shares of ASIA stock on 04/01/2011. Vice President Liu Guoxiang, VP & GM of Marketing Yadong Jin, Vice Presidents Feng Liu, Jie Li, and Qi Jian sold 132,392 shares of AsiaInfoLinkage stock in November, February, and March.


Micron Technology Inc. (MU): Chairman and CEO Steven R Appleton sold 150,000 Shares


Chairman and CEO of Micron Technology Inc. (MU) Steven R Appleton sold 150,000 shares on 04/06/2011 at an average price of $11.21. Micron Technology Inc. has established itself as one of the worldwide providers of semiconductor memory solutions. Micron Technology Inc. has a market cap of $11.04 billion; its shares were traded at around $11.07 with a P/E ratio of 10.25 and P/S ratio of 1.3.


Micron Technology Inc. reported their second quarter results. The Company reported revenues of $2.3 billion and net income of $155 million.


Chairman and CEO Steven R Appleton sold 585,000 shares of Micron Technology Inc. stock in November, March and April.CFO & VP OF FINANCE Ronald C Foster sold 105,000 shares of MU stock in February, March and April.Director Mercedes Johnson, Robert E Switz, and Teruaki Aoki, VP Worldwide Operations Brian Shields, and Human Resources Patrick T. Otte sold 110,125 shares of Micron Technology Inc. stock in April and February.


CVS Caremark Corp. (CVS): President and CEO Larry J. Merlo sold 144,822 Shares


President and CEO of CVS CAREMARK Corp. Larry J. Merlo sold 144,822 shares on 04/06/2011 at an average price of $36. CVS Caremark is the nation's premier integrated pharmacy services provider, combining one of the nation's pharmaceutical services companies with the country's largest pharmacy chain. CVS Caremark Corp. has a market cap of $49.57 billion; its shares were traded at around $36.23 with a P/E ratio of 13.42 and P/S ratio of 0.51. The dividend yield of CVS Caremark Corp. stocks is 1.38%. Cvs Caremark Corp. had an annual average earnings growth of 13.4% over the past 10 years. GuruFocus rated CVS Caremark Corp. the business predictability rank of 4.5-star.


Net sales decreased 4.1% or $1.0 billion to $24.8 billion and income from continuing operations attributable for the fourth quarter decreased $24 million, or 2.3%, to $1,027 million.


President and CEO Larry J Merlo sold 144,822 shares of CVS stock on 04/06/2011. SVP, Chief HR Officer Lisa Bisaccia sold 15,588 shares of CVS stock in November and March. Executive Vice President Jonathan C Roberts sold 24,000 shares of CVS stock on 02/09/2011.


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