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Weekly CEO Sells Highlight: MANH, CNP, ANF, and PLOW

May 30, 2011 | About:
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guruat

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Manhattan Associates Inc, CENTERPOINT ENERGY INC, ABERCROMBIE & FITCH CO, and DOUGLAS DYNAMICS INC.

Manhattan Associates Inc. (MANH): President, CEO & Director Peter F Sinisgalli sold 130,094 Shares

President, CEO & Director of Manhattan Associates Inc. (MANH) Peter F Sinisgalli sold 130,094 shares during the past week at an average price of $35.87. Manhattan Associates is a provider of technology-based solutions toimprove supply chain effectiveness and efficiencies. Manhattan Associates Inc. has a market cap of $775.18 million; its shares were traded at around $35.5 with a P/E ratio of 28.17 and P/S ratio of 2.61. Manhattan Associates Inc. had an annual average earnings growth of 7% over the past 10 years. GuruFocus rated Manhattan Associates Inc. the business predictability rank of 4-star.

Consolidated revenue was reported as $71.7 million and adjusted operating income, a non-GAAP measure, was announced as $10.4 million in Manhattan Associates Inc.’s 2011 first quarter results.

President, CEO & Director Peter F Sinisgalli sold 130,094 shares of MANH stock in May. Senior Vice President & CFO Dennis B Story sold 35,250 shares of MANH stock on 05/12/2011. Director Paul R Goodwin sold 41,900 shares of MANH stock in March and April.

CenterPoint Energy (CNP): President and CEO David M Mcclanahan sold 100,000 Shares

President and CEO of CenterPoint Energy (CNP) David M Mcclanahan sold 100,000 shares on 05/23/2011 at an average price of $18.75. CenterPoint Energy is a domestic energy delivery company that includes electricity transmission and distribution, natural gas distribution and sales, interstate pipeline and gathering operations. Centerpoint Energy Inc. has a market cap of $8.11 billion; its shares were traded at around $19.08 with a P/E ratio of 17.04 and P/S ratio of 0.92. The dividend yield of Centerpoint Energy Inc. stocks is 4.14%. Centerpoint Energy Inc. had an annual average earnings growth of 4.9% over the past 10 years.

This company reported net income of $148 million and total revenues of about $3 billion for their 2011 first quarter results.

President and CEO David M Mcclanahan sold 100,000 shares of CNP stock on 05/23/2011. Director Peter S Wareing bought 10,000 shares of CNP stock on 03/23/2011. Director Milton Carroll, EVP, Gen. Counsel, Corp. Sec Scott E Rozzell and Director Robert T Oconnell together sold about 142,000 shares of CNP stock in March and May.

Abercrombie & Fitch. (ANF): Chairman and CEO Michael S Jeffries sold 100,000 Shares

Chairman and CEO of ABERCROMBIE & FITCH CO. (ANF) Michael S Jeffries sold 100,000 shares on 05/23/2011 at an average price of $74.16. Abercrombie & Fitch Co. is principally engaged in the purchase, distribution and sale of men's, women's and kids' casual apparel. Abercrombie & Fitch Co. has a market cap of $6.7 billion; its shares were traded at around $76.35 with a P/E ratio of 31.16 and P/S ratio of 1.93. The dividend yield of Abercrombie & Fitch Co. stocks is 0.92%.

ABERCROMBIE & FITCH CO. reported their 2011 first quarter results. The Company reported that total revenues increased 22% to $836.7 million from $687.8 million and net income of $25.1 million.

Chairman and CEO Michael S Jeffries sold 500,000 shares of ANF stock from January through May. EVP of Sourcing Diane Chang sold about 90,000 shares of ANF stock in March and May. EVP-Planning & Allocation Leslee K Herro sold 57,828 shares of ANF stock on 05/19/2011. Director Archie M Griffin sold 5,000 shares of ANF stock in April and May.

Douglas Dynamics. (PLOW): President and CEO James L Janik sold 97,314 Shares

President and CEO of DOUGLAS DYNAMICS INC. (PLOW) James L Janik sold 97,314 shares on 05/20/2011 at an average price of $14.2. Douglas Dynamics, Inc. designs, manufactures and sells snow and ice control equipment for light trucks, which is comprised of snowplows and sand and salt spreaders, and related parts and accessories. Douglas Dynamics Inc. has a market cap of $331.21 million; its shares were traded at around $15.29 with a P/E ratio of 20.95 and P/S ratio of 1.87. The dividend yield of Douglas Dynamics Inc. stocks is 5.23%.

This Company reported their 2011 first quarter results as $23.5 million and net loss of $0.8 million.

President and CEO James L Janik sold 138,151 shares of PLOW stock in January, March and May. EVP, CFO and Secretary Robert L Mccormick sold about 10,000 shares of PLOW stock in January, March and May. VP, Sales and Marketing Mark Adamson sold 52,004 shares of PLOW stock in May. VP, Operations Keith Hagelin sold 1,465 shares of PLOW stock on 05/06/2011.

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

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guruat
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