Weekly CEO Sells Highlight: BBBY, STZ, FDO, OCZ

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Oct 15, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Bed Bath & Beyond Inc, Constellation Brands Inc CI A, Family Dollar Stores Inc and OCZ Technology Group Inc. Bed Bath & Beyond Inc. (BBBY, Financial): CEO Steven H Temares sold 300,000 Shares

CEO of Bed Bath & Beyond Inc. (BBBY) Steven H Temares sold 300,000 shares on 10/14/2011 at an average price of $60.23. Bed Bath & Beyond is a nationwide operator of `superstores` selling predominantly better quality domestics merchandise and home furnishings typically found in better department stores. Bed Bath & Beyond Inc. has a market cap of $15.25 billion; its shares were traded at around $61.17 with a P/E ratio of 17.5 and P/S ratio of 1.7. Bed Bath & Beyond Inc. had an annual average earnings growth of 13.1% over the past 10 years. GuruFocus rated Bed Bath & Beyond Inc. the business predictability rank of 3-star.

Bed Bath & Beyond reported revenues of $2.314 billion for their 2011 fiscal second quarter ended August 27, 2011.

CEO Steven H Temares sold 300,000 shares of BBBY stock on 10/14/2011 at the average price of 60.23. CFO and Treasurer Eugene A Castagna sold 120,000 shares of BBBY stock in July. Senior VP - Stores Matthew Fiorilli, Co-Chairman Warren Eisenberg and Co-Chairman Leonard Feinstein sold 69,000 shares of BBBY stock May and September.

Constellation Brands Inc. Cl A (STZ, Financial): President & CEO, 10% Owner Robert Sands sold 224,522 Shares

President & CEO, 10% Owner of Constellation Brands Inc. Cl A (STZ) Robert Sands sold 224,522 shares on 10/13/2011 at an average price of $20.56. Constellation Brands, Inc. is a international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. Constellation Brands Inc. Cl A has a market cap of $4.35 billion; its shares were traded at around $20.3 with a P/E ratio of 9.3 and P/S ratio of 1.3.

Constellation Brands Inc. reports second quarter fiscal 2012 results with consolidated net sales of $690 million and net income of $165 million.

President & CEO, 10% Owner Robert Sands sold 224,522 shares of STZ stock on 10/13/2011 at the average price of 20.56. Executive VP & CFO Robert P Ryder sold 7,501 shares of STZ stock on 05/02/2011 at the average price of 22.5. Chairman of the Board, 10% Owner Richard Sands, Exec. VP & Gen. Counsel Thomas J Mullin, Exec VP & Chief HR/Admin Ofcr W Keith Wilson and Executive VP F Paul Hetterich sold 652,572 shares of STZ stock in May and October.

Family Dollar Stores Inc. (FDO, Financial): CEO Howard R Levine sold 165,367 Shares

CEO of Family Dollar Stores Inc. (FDO) Howard R Levine sold 165,367 shares on 10/11/2011 at an average price of $53.88. Family Dollar Stores, Inc. is one of the fastest growing discount store chains in the United States. Family Dollar Stores Inc. has a market cap of $6.54 billion; its shares were traded at around $54.4 with a P/E ratio of 17.4 and P/S ratio of 0.8. The dividend yield of Family Dollar Stores Inc. stocks is 1.3%. Family Dollar Stores Inc. had an annual average earnings growth of 10% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 3.5-star.

Family Dollar Stores reported their third quarter financial results. The Company reported net sales of $2.153 billion and net income of $111.1 million.

CEO Howard R Levine sold 165,367 shares of FDO stock on 10/11/2011 at the average price of 53.88. Vice Chair R James Kelly, Executive Vice President Barry W Sullivan, Executive Vice President Charles S Jr Gibson and Director Sharon A Decker sold 194,924 shares of FDO stock in August and October.

OCZ Technology Group Inc (OCZ, Financial): President and CEO Ryan Petersen sold 150,000 Shares

President and CEO of OCZ Technology Group Inc (OCZ) Ryan Petersen sold 150,000 shares on 10/12/2011 at an average price of $6.02. OCZ Technology Group, Inc. is engaged in the design, manufacturing, and distribution of Solid State Drives (SSDs) and computer components. Ocz Technology Group Inc has a market cap of $274.1 million; its shares were traded at around $5.3 with and P/S ratio of 1.5.

OCZ Technology Group Inc. reported their fiscal 2012 second quarter results. They reported revenues of $78.5 million and GAAP net income of $3.2 million

President and CEO Ryan Petersen sold 350,000 shares of OCZ stock in July and October. CFO Arthur F Knapp sold 18,000 shares of OCZ stock in May, June, and July. Director Richard L Hunter bought 10,000 shares of OCZ stock on 08/10/2011. EVP & Chief Marketing Officer Alex Mei and Chief Sales Officer Richard Singh sold 22,000 shares of OCZ stock in May, June and July.

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