Weekly CEO Sells Highlight: ValueVision Media Inc, Charles Schwab Corp, Answers Corp. and Fedex Corp.

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Apr 24, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: ValueVision Media Inc, Charles Schwab Corp, Answers Corp. and Fedex Corp.

ValueVision Media Inc. (VVTV, Financial): CEO Keith R Stewart sold 500,000 Shares

CEO of ValueVision Media Inc. (VVTV) Keith R Stewart sold 500,000 shares on 04/15/2011 at an average price of $5.75. ValueVision Media is a home-shopping retailer in the United States. Valuevision Media Inc. has a market cap of $254.4 million; its shares were traded at around $5.52 with and P/S ratio of 0.4.

ValueVision Media reported their 2010 fourth quarter results. The Company reported net loss of $1.4 million and net sales as $178.8 million.

CEO Keith R Stewart sold 500,000 shares of VVTV stock on 04/15/2011 at the average price of 5.75. SVP of E-Commerce Carol Steinberg sold 7,000 shares of VVTV stock in April.President G. Robert Ayd sold 25,000 shares of VVTV stock on 04/15/2011

Charles Schwab (SCHW, Financial): President and CEO Walter W Bettinger sold 407,918 Shares

President and CEO of Charles Schwab Corp. (SCHW) Walter W Bettinger sold 407,918 shares on 04/18/2011 at an average price of $18.02. Charles Schwab Corp. provides a full-service investing experience to customers through a clicks and mortar multi-dimensional, five channel offering of the Internet, branch offices, speech recognition, touch-tone telephone, e-mail and wireless technologies, multilingual and international services, and direct access to professionals day or night. Charles Schwab Corp. has a market cap of $22.54 billion; its shares were traded at around $18.7 with a P/E ratio of 32.7 and P/S ratio of 5.3. The dividend yield of Schwab Charles Corp. stocks is 1.3%. Schwab Charles Corp. had an annual average earnings growth of 9.3% over the past 10 years.

Charles Schwab saw its profit soar 84% in the first quarter on sharply higher sales. The brokerage posted a net income of $243 million, or 20 cents a share.

President and CEO Walter W Bettinger sold 407,918 shares of SCHW stock on 04/18/2011 at the average price of 18.02. EVP and CFO Joseph R Martinetto sold 52,636 shares of SCHW stock on 04/21/2011. Director Roger O Walther bought 2,650 shares of SCHW stock on 11/10/2010. EVP and General Counsel Carrie E Dwyer and Chairman, 10% Owner Charles R Schwab sold 1,205,831 shares of SCHW stock on 04/21/2011. EVP - Investor Services Benjamin L Brigeman sold 84,120 shares of SCHW stock in April.

Fedex Corp. (FDX, Financial): Chairman/President/CEO Frederick W Smith sold 278,900 Shares

Chairman/President/CEO of Fedex Corp. (FDX) Frederick W Smith sold 278,900 shares on 04/21/2011 at an average price of $93.84. FedEx Corporation is a global transportation and logistics enterprise that offers customers global shipping, logistics and supply chain solutions. Fedex Corp. has a market cap of $29.59 billion; its shares were traded at around $93.94 with a P/E ratio of 20.9 and P/S ratio of 0.8. The dividend yield of Fedex Corp. stocks is 0.5%. Fedex Corp. had an annual average earnings growth of 1.8% over the past 10 years.

Revenue was $9.46 billion and net income was $380 million for this company’s 2011 first quarter results.

Chairman/President/CEO Frederick W Smith sold 278,900 shares of FDX stock on 04/21/2011 Director Susan C Schwab bought 216 shares of FDX stock on 12/29/2010. EVP MKT DEVEL/CORP COMM T Michael Glenn, Director Shirley A Jackson and EVP Chief Info Officer Robert B Carter sold 40,640 shares of FDX stock in March, January, and December.

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