Weekly CEO Sells Highlight: Herbalife, Iconix Brand Group Inc, Under Armour and eBay Inc.

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Aug 07, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Herbalife, Iconix Brand Group Inc, Under Armour and eBay Inc.

Herbalife (HLF, Financial): Chairman & CEO Michael Johnson sold 175,998 Shares

Chairman & CEO of Herbalife (HLF) Michael Johnson sold 175,998 shares on 08/01/2011 at an average price of $54.58. Herbalife is a global network marketing company offering a range of science-based weight management products, nutritional supplements and personal care products intended to support weight loss and a healthy lifestyle. Herbalife has a market cap of $6.91 billion; its shares were traded at around $57.98 with a P/E ratio of 22.1 and P/S ratio of 2.5. The dividend yield of Herbalife stocks is 1.3%.

Herbalife reported their 2011 second quarter results. The net income was announced as $111.2 million, or $0.88 per diluted share and they also announced that their worldwide net sales were $879,654 thousand.

Chairman & CEO Michael Johnson sold 897,137 shares of HLF stock in March, April, June, July and August. CFO John Desimone sold 22,230 shares of HLF stock on 05/11/2011 at the average price of 53.62. Director Carole Black bought 1,000 shares of HLF stock on 05/09/2011 at the average price of 52.64. SVP, WW. Sales & Marketing Robert Levy, SVP / Mg Dir. - Asia Pacific William Rahn sold 13,763 shares of HLF stock in July. Principal Accounting Officer Shin-shing Bosco Chiu sold 6,839 shares of HLF stock in June and July.

Iconix Brand Group Inc. (ICON, Financial): CEO and President Neil Cole sold 175,000 Shares

CEO and President of Iconix Brand Group Inc. (ICON) Neil Cole sold 175,000 shares on 08/02/2011 at an average price of $22.66. Iconix Brand Group, Inc. is in the business of licensing the CANDIE'S, BONGO, BADGLEY MISCHKA and JOE BOXER trademarks on a variety of footwear, apparel and fashion products. Iconix Brand Group Inc. has a market cap of $1.49 billion; its shares were traded at around $20.44 with a P/E ratio of 12.8 and P/S ratio of 4.4. Iconix Brand Group Inc. had an annual average earnings growth of 36.3% over the past 5 years.

Iconix Brand Group Inc. reported their 2011 second quarter results. The Company reported that their revenues were $89.3 million and their net income was $32.3 million.

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CEO and President Neil Cole sold 175,000 shares of ICON stock on 08/02/2011 at the average price of 22.66. COO Yehuda Shmidman, See Remarks David Blumberg and Director Barry Emanuel sold 69,520 shares of ICON stock in February, May and August.

Under Armour (UA, Financial): President and CEO, 10% Owner Kevin A Plank sold 281,250 Shares

President and CEO, 10% Owner of Under Armour (UA) Kevin A Plank sold 281,250 shares during the past week at an average price of $72.67. Under Armour is a developer, marketer and distributor of branded performance products for men, women and youth. Under Armour has a market cap of $3.35 billion; its shares were traded at around $64.79 with a P/E ratio of 44.1 and P/S ratio of 3. Under Armour had an annual average earnings growth of 9.5% over the past 5 years.

Net Revenues Increased 42% to $291.3 Million and revenues were announced as $6.24 million for Under Armour’s 2011 second quarter.

President and CEO, 10% Owner Kevin A Plank sold 562,500 shares of UA stock in May and August. CFO Brad Dickerson sold 4,956 shares of UA stock in February and June. EVP of Business Development J Scott Plank sold 140,625 shares of UA in May and August.VP, E-Commerce John S. Rogers, Director Thomas J Sippel sold 9,183 shares of UA stock in May.

eBay Inc. (EBAY, Financial): President, CEO & Director John J Donahoe sold 111,311 Shares

President, CEO & Director of eBay Inc. (EBAY) John J Donahoe sold 111,311 shares on 07/28/2011 at an average price of $33.17. eBay is one of the world's largest online trading communities. Ebay Inc. has a market cap of $38.99 billion; its shares were traded at around $30.04 with a P/E ratio of 18.7 and P/S ratio of 4.3. Ebay Inc. had an annual average earnings growth of 27.3% over the past 10 years. GuruFocus rated Ebay Inc. the business predictability rank of 2-star.

eBay Inc. reported that their revenues for the 2011 second quarter increased 25% to $2.8 billion. Their net income was $631 million.

President, CEO & Director John J Donahoe sold 189,028 shares of EBAY stock in May, June, and July. SVP, Legal Affairs, GC & Sec Michael R Jacobson sold 270,000 shares of EBAY stock in July, June, May and March. VP, Chief Accounting Officer Phillip P Depaul sold 4,072 shares of EBAY stock on 05/19/2011 at the average price of 32.89.

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