Weekly CEO Sells Highlight: CLB, IMMR, PLAB, ANF

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Aug 01, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Core Laboratories N.V, Immersion Corp, Photronics Inc, and Abercrombie & Fitch

Core Laboratories N.V. (CLB, Financial): CEO David M Demshur sold 200,000 Shares

CEO of Core Laboratories N.V. (CLB) David M Demshur sold 200,000 shares on 07/27/2011 at an average price of $109.26. Based in the Netherlands, Core Laboratories provides geological andenvironmental analysis services and manufactures precise measurementequipment. Core Laboratories N.v. has a market cap of $4.95 billion; its shares were traded at around $108.68 with a P/E ratio of 32.8 and P/S ratio of 6.3. The dividend yield of Core Laboratories N.v. stocks is 0.9%. Core Laboratories N.v. had an annual average earnings growth of 28.7% over the past 10 years. GuruFocus rated Core Laboratories N.v. the business predictability rank of 4.5-star.

Core Laboratories reported their 2011 first quarter financial results. The Company reported that the total revenue for this quarter was $206.7 million. Net income for the quarter was announced as $45.99 million.

CEO David M Demshur sold 200,000 shares of CLB stock on 07/27/2011. EVP, CFO & Treasurer Richard L Bergmark sold 50,000 shares of CLB stock on 07/25/2011. Chief Accounting Officer Charles Brigham Miller, VP, Counsel & Secretary Mark F Elvig, and COO Monty L Davis sold 21,598 shares of CLB stock on 07/25/2011.Director Rene R Joyce sold 33,994 shares of CLB stock in February and April.

Immersion Corp. (IMMR, Financial): CEO Victor Viegas sold 175,000 Shares

CEO of Immersion Corp. (IMMR) Victor Viegas sold 175,000 shares on 07/25/2011 at an average price of $10.19. IMMERSION CORP. develops hardware and software technologies that enable users to interact with computers using their sense of touch. Immersion Corp. has a market cap of $261 million; its shares were traded at around $9.15 with and P/S ratio of 8.4.

For Immersion Corp, they announced that their total revenues were $ 9.8 million and net income (loss) was $1.4 million for the 2011 first quarter financial results.

CEO Victor Viegas sold 290,000 shares of IMMR stock in April and July. Chief Commercial Officer G Craig Vachon, VP, Sales Joseph Lavalle sold 5,747 shares of IMMR stock on 04/04/2011

Photronics Inc. (PLAB, Financial): CEO & President Constantine S Macricostas sold 194,100 Shares

CEO & President of Photronics Inc. (PLAB) Constantine S Macricostas sold 194,100 shares during the past week at an average price of $8.22. Photronics is a worldwide manufacturer of photomasks. Photronics Inc. has a market cap of $439.7 million; its shares were traded at around $7.48 with a P/E ratio of 10.5 and P/S ratio of 1.1.

Photronics Inc. reported their 2011 second quarter results ended May 1, 2011. The Company reported that their sales reached up to $133.1 million and their non-GAAP net income was $14.8 million.

CEO & President Constantine S Macricostas sold 294,100 shares of PLAB stock in July. Vice President & CFO Sean T Smith sold 10,000 shares of PLAB stock on 06/30/2011.VP,Chief Technology Officer Christopher J Progler, VP, General Counsel & Secy Richelle E Burr and Senior VP, U.S. & Europe Peter S Kirlin sold 44,937 shares of PLAB stock in June and July.

Abercrombie & Fitch Co. (ANF, Financial): 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 07/25/2011 at an average price of $76.59. 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 $6.41 billion; its shares were traded at around $73.12 with a P/E ratio of 29.9 and P/S ratio of 1.8. The dividend yield of Abercrombie & Fitch Co. stocks is 0.9%.

Abercrombie & Fitch reported their 2011 first quarter results. The Company reported that net income for this quarter was $25.1 million and revenues increased 22% to $836.7 million.

Chairman and CEO Michael S Jeffries sold 500,000 shares of ANF stock from March to July. EVP of Sourcing Diane Chang sold 89,867 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.

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