GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly CEO Sells Highlight: TITN, GES, TYC, MON, ONE

July 17, 2011 | About:

guruat

1 followers
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Titan Machinery Inc, Guess? Inc, Tyco International Ltd, Monsanto Co, Higher One Holdings

Titan Machinery Inc. (TITN): Chairman and CEO, 10% Owner David Joseph Meyer sold 300,000 Shares

Chairman and CEO, 10% Owner of Titan Machinery Inc. (TITN) David Joseph Meyer sold 300,000 shares on 07/12/2011 at an average price of $27.8. Titan Machinery represents a diversified mix of agricultural, construction, and consumer products dealerships located in the upper Midwest. Titan Machinery Inc. has a market cap of $555.3 million; its shares were traded at around $26.85 with a P/E ratio of 17.4 and P/S ratio of 0.5.

Titan Machinery reported their 2011 first quarter results. The Company reported that their revenue was $318.2 million, pre-tax income was $12.2 million, and earnings per diluted share were $0.40.

Chairman and CEO, 10% Owner David Joseph Meyer sold 300,000 shares of TITN stock on 07/12/2011. President and COO Peter J. Christianson, Director Tony Christianson and Director Gordon Paul Anderson together sold 385,000 shares of TITN stock in May and July.

Guess? Inc. (GES): Vice Chairman & CEO, 10% Owner Paul Marciano sold 200,000 Shares

Vice Chairman & CEO, 10% Owner of Guess? Inc. (GES) Paul Marciano sold 200,000 shares on 07/07/2011 at an average price of $44.63. Guess, Inc. designs, markets, distributes and licenses one of the world's lifestyle collections of casual apparel, accessories and related consumer products. Guess? Inc. has a market cap of $3.66 billion; its shares were traded at around $39.53 with a P/E ratio of 12.6 and P/S ratio of 1.5. The dividend yield of Guess? Inc. stocks is 1.9%. Guess? Inc. had an annual average earnings growth of 28.2% over the past 5 years.

Guess? Inc. reported their 2011 first quarter results ended April 30, 2011. Guess? Inc announced that their net earnings were $42.7 million. North American wholesale revenues increased 7%, while European revenues increased 12%, and Asian revenues increased 24% as their revenues increased across all operating segments.

Vice Chairman & CEO, 10% Owner Paul Marciano sold 459,000 shares of GES stock in April, June and July. Chairman of the Board, 10% Owner Maurice Marciano sold 2,257,421 shares of GES stock in June and July. Director Anthony Chidoni sold 6,000 shares of GES stock on 04/06/2011.

Tyco International Ltd. (TYC): Chairman and CEO Edward D Breen sold 152,358 Shares

Chairman and CEO of Tyco International Ltd. (TYC) Edward D Breen sold 152,358 shares on 07/13/2011 at an average price of $48.7. Tyco International Ltd., a diversified manufacturing and service company, is the world's largest manufacturer and servicer of electrical and electronic components and undersea telecommunications systems, the world's largest manufacturer, installer, and provider of fire protection systems and electronic security services, has strong leadership positions in disposable medical products, plastics, and adhesives, and is the largest manufacturer of flow control valves. Tyco International Ltd. has a market cap of $22.27 billion; its shares were traded at around $47.49 with a P/E ratio of 16.1 and P/S ratio of 1.3. The dividend yield of Tyco International Ltd. stocks is 2%.

Tyco International Ltd. announced that for their 2011 second quarter results, revenues were $4.0 billion and income from continuing operations were $319 million.

Chairman and CEO Edward D Breen sold 761,790 shares of TYC stock in March, April, May, June and July. Director R David Yost bought 5,000 shares of TYC stock on 02/01/2011. SVP, Human Resources Laurie Siegel sold 17,201 shares of TYC stock in May, June and July. Pres., Tyco Security Solutions Naren K Gursahaney sold 21,378 shares of TYC stock on 04/12/2011.

Monsanto Co. (MON): Chairman, President & CEO Hugh Grant sold 150,620 Shares

Chairman, President & CEO of Monsanto Co. (MON) Hugh Grant sold 150,620 shares on 07/13/2011 at an average price of $75. Monsanto is a global provider of technology-based solutions and agricultural products for growers and downstream customers, such as grain processors and consumers, in the agricultural markets. Monsanto Co. has a market cap of $39.69 billion; its shares were traded at around $74.06 with a P/E ratio of 24.2 and P/S ratio of 3.8. The dividend yield of Monsanto Co. stocks is 1.5%. Monsanto Co. had an annual average earnings growth of 19.2% over the past 10 years.

Net sales for Monsanto Co. were announced as $4,129 million for their 2011 second quarter results. The Company also reported that their net income was $1,017 million and their R&D expense was $320 million.

Chairman, President & CEO Hugh Grant sold 150,620. Exec. VP Human Resources Steven Mizell, VP and Controller Nicole M Ringenberg, SVP, Global Strategy Kerry J Preete, EVP, Secy & Gen. Counsel David F Snively and EVP Sustain. & Corp. Affairs Gerald A Steiner together sold 106,833 shares of MON stock in February, March, April, and July.

Higher One Holdings (ONE): CEO Dean Hatton sold 89,500 Shares

CEO of Higher One Holdings (ONE) Dean Hatton sold 89,500 shares on 07/14/2011 at an average price of $19.8. Higher One Inc. is engaged in providing technology and payment services to the higher education industry. Higher One Holdings has a market cap of $1.12 billion; its shares were traded at around $19.91 with a P/E ratio of 40.7 and P/S ratio of 7.8.

Higher One Holdings reported their 2011 first quarter results with revenues of $51.4 million. They also announced that their GAAP net income was $11.0, Operating cash flow was $20.4 and that that GAAP diluted EPS was $0.19.

CEO Dean Hatton sold 268,500 shares of ONE stock in May, June, and July.Chairman and CFO Mark Volchek sold 30,000 shares of ONE stock on 06/13/2011. COO Miles Lasater sold 86,123 shares of ONE stock in July. Chief Service Officer Casey Mcguane sold 45,133 shares of ONE stock in July. Chief Sales Officer Robert F Reach sold 17,887 shares of ONE stock on 07/13/2011.

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: 3.7/5 (9 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