Weekly CEO Sells Highlight: TPC, HANS, AN, AEC

Author's Avatar
Aug 29, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Tutor Perini, Hansen Natural Corp, AutoNation Inc, and Associated Estates Realty Corp.

Tutor Perini (TPC, Financial): Chairman & CEO, 10% Owner Ronald N Tutor sold 1,037,853 Shares

Chairman & CEO, 10% Owner of Tutor Perini (TPC) Ronald N Tutor sold 1,037,853 shares during the past week at an average price of $13.82. Tutor Perini Corporation, formerly Perini Corporation, is a construction services company offering general contracting, construction management and design/build services to private clients and public agencies throughout the world. Tutor Perini has a market cap of $666.9 million; its shares were traded at around $13.09 with a P/E ratio of 8.8 and P/S ratio of 0.2. Tutor Perini had an annual average earnings growth of 19.3% over the past 10 years.

Tutor Perini reported their 2011 second quarter results. The Company reported revenues of $819.9 million and net income of $19.7 million.

Chairman & CEO, 10% Owner Ronald N Tutor sold 1,587,853 shares of TPC stock in June and August. Director Michael R Klein bought 150,000 shares of TPC stock on 08/10/2011 at the average price of 12.39.

Hansen Natural Corp. (HANS, Financial): Chairman and CEO Rodney C Sacks sold 133,012 Shares

Chairman and CEO of Hansen Natural Corp. (HANS) Rodney C Sacks sold 133,012 shares on 08/24/2011 at an average price of $84.93. Hansen Natural Corporation is a holding company and carries on no operating business except through its direct wholly-owned subsidiaries, Hansen Beverage Company and Hard e Beverage Company. Hansen Natural Corp. has a market cap of $7.61 billion; its shares were traded at around $84.63 with a P/E ratio of 31.4 and P/S ratio of 5.8. Hansen Natural Corp. had an annual average earnings growth of 64.7% over the past 10 years. GuruFocus rated Hansen Natural Corp. the business predictability rank of 4-star.

Hansen Natural Corp. reported their 2011 second quarter results. The company reported that their net income increased 32.0 percent to $84.2 million and net sales were $462 million.

Chairman and CEO Rodney C Sacks sold 387,000 shares of HANS stock in March and August. Director Sydney Selati bought 33 shares of HANS stock on 08/19/2011 at the average price of 79.75.Vice Chairman and President Hilton H Schlosberg, Senior VP - Hansen Beverage Co Thomas J Kelly, Director Sydney Selati and President-DSD Hansen Beverage Mark J Hall together sold 209,460 shares of HANS stock in August.

AutoNation Inc. (AN, Financial): Chairman and CEO Michael J Jackson sold 52,000 Shares

Chairman and CEO of AutoNation Inc. (AN) Michael J Jackson sold 52,000 shares on 08/24/2011 at an average price of $38.57. AutoNation, Inc. is an automotive retailers in the United States. Autonation Inc. has a market cap of $5.75 billion; its shares were traded at around $39 with a P/E ratio of 21.7 and P/S ratio of 0.5. Autonation Inc. had an annual average earnings growth of 3.9% over the past 10 years.

AutoNation Inc reported operating income of $144.4 million and total revenues of $3.3 billion for their 2011 second quarter results.

Chairman and CEO Michael J Jackson sold 60,302 shares of AN stock in June and August. EVP and CFO Michael J Short sold 50,000 shares of AN stock on 08/25/2011 at the average price of 39.14. Director Michael Larson and Director David B Edelson together bought 1,350 shares of AN stock in June. EVP, Gen Counsel & Secretary Jonathan P Ferrando and Director Carlos A Migoya sold 92,000 shares of AN stock in July and August.

Associated Estates Realty Corp. (AEC, Financial): Chairman, President & CEO Jeffrey I Friedman sold 50,000 Shares

Chairman, President & CEO of Associated Estates Realty Corp. (AEC) Jeffrey I Friedman sold 50,000 shares on 08/24/2011 at an average price of $16.79. Associated Estates Realty Corporation is a real estate investment trust. Associated Estates Realty Corp. has a market cap of $694 million; its shares were traded at around $16.93 with a P/E ratio of 17 and P/S ratio of 4.6. The dividend yield of Associated Estates Realty Corp. stocks is 4%.

Associated Estates reported their 2011 second quarter results. The Company reported net loss was $1.6 million and total property revenue was $39.8 million.

Chairman, President & CEO Jeffrey I Friedman sold 51,000 shares of AEC stock in March and August. VP, Construction & Development Jason A Friedman and Director James M Delaney sold 7,000 shares of AEC stock in August.

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