Weekly CEO Sells Highlight: EXCO Resources, Iron Mountain, Scotts Co. and Monro Muffler Brake Inc.

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Aug 22, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: EXCO Resources, Iron Mountain, Scotts Co. and Monro Muffler Brake Inc.

EXCO Resources (XCO, Financial): Chairman and CEO Douglas H Miller sold 2,428,843 Shares

Chairman and CEO of EXCO Resources (XCO) Douglas H Miller sold 2,428,843 shares on 08/11/2011 at an average price of $13.52. EXCO Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. Exco Resources has a market cap of $2.61 billion; its shares were traded at around $12.25 with a P/E ratio of 20.7 and P/S ratio of 5. The dividend yield of Exco Resources stocks is 1.4%.

EXCO Resources reported their 2011 second quarter results. The Company reported that their oil and natural gas revenues were $207 million and adjusted net income was $39 million.

Iron Mountain (IRM, Financial): CEO & Executive Chairman C Richard Reese sold 257,300 Shares

CEO & Executive Chairman of Iron Mountain (IRM) C Richard Reese sold 257,300 shares on 08/12/2011 at an average price of $31.09. Iron Mountain Incorporated is one of the world's largest records and information management services company. Iron Mountain has a market cap of $6.14 billion; its shares were traded at around $30.09 with a P/E ratio of 25.4 and P/S ratio of 2. The dividend yield of Iron Mountain stocks is 3.3%. Iron Mountain had an annual average earnings growth of 12.2% over the past 10 years. GuruFocus rated Iron Mountain the business predictability rank of 4-star.

Iron Mountain reported their 2011 second quarter results. The Company reported that their revenues grew 5% to $763 million and their net income was $42 million.

CEO & Executive Chairman C Richard Reese sold 257,300 shares of IRM stock on 08/12/2011. CFO Brian P Mckeon sold 332,550 shares of IRM stock in May. Director Kent P Dauten, Director Clark H Bailey and President, North America Harold E Ebbighausen sold 583,002 shares of IRM stock in March, May and June.

Scotts Co. Cl A (SMG, Financial): CEO and Chairman, 10% Owner James Hagedorn sold 97,201 Shares

CEO and Chairman, 10% Owner of Scotts Co. Cl A (SMG) James Hagedorn sold 97,201 shares on 08/16/2011 at an average price of $45.01. The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. Scotts Co. Cl A has a market cap of $3 billion; its shares were traded at around $44.86 with a P/E ratio of 16.2 and P/S ratio of 1. The dividend yield of Scotts Co. Cl A stocks is 2.1%. Scotts Co. Cl A had an annual average earnings growth of 1.3% over the past 10 years.

Scotts Co. reported that their company-wide net sales were $1.06 billion and net income was $111.6 million for the company’s 2011 third quarter financial results.

CEO and Chairman, 10% Owner James Hagedorn sold 194,402 shares of SMG stock in May and August. CFO & EVP Strategy & Bus Dev David C Evans sold 26,190 shares of SMG stock on 04/04/2011 at the average price of 59.5. Director William G Jurgensen bought 2,500 shares of SMG stock on 08/10/2011 at the average price of 42. Director Joseph P Flannery sold 15,463 shares of SMG stock on 05/10/2011 at the average price of 60.38.

Monro Muffler Brake Inc. (MNRO, Financial): CEO Robert G Gross sold 50,000 Shares

CEO of Monro Muffler Brake Inc. (MNRO) Robert G Gross sold 50,000 shares on 08/17/2011 at an average price of $37.04. Monro Muffler/Brake, Inc. is a chain of company-operated and dealer-operated stores providing automotive undercar repair services in the United States. Monro Muffler Brake Inc. has a market cap of $1.07 billion; its shares were traded at around $34.38 with a P/E ratio of 23.3 and P/S ratio of 1.7. The dividend yield of Monro Muffler Brake Inc. stocks is 1%. Monro Muffler Brake Inc. had an annual average earnings growth of 12.5% over the past 10 years. GuruFocus rated Monro Muffler Brake Inc. the business predictability rank of 4.5-star.

Monro Muffler Brake reported that sales were $164.8 million and net income increased 16.9% to $15.4 million for the company’s 2011 first quarter financial results.

CEO Robert G Gross sold 50,000 shares of MNRO stock on 08/17/2011 at the average price of 37.04. Director Richard A Berenson and Divisional Vice President Christopher R Hoornbeck sold 3,000 shares of MNRO stock in May and August.

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