Weekly CEO Sells Highlight: Activision Blizzard Inc, M.D.C. Holdings Inc, Bank of the Ozarks, and Ariba Inc.

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Nov 20, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Activision Blizzard Inc, M.D.C. Holdings Inc, Bank of the Ozarks, and Ariba Inc.

Activision Blizzard Inc. (ATVI, Financial): President & CEO Robert A Kotick sold 621,317 Shares

President & CEO of Activision Blizzard Inc. (ATVI) Robert A Kotick sold 621,317 shares on 11/15/2011 at an average price of $12.24. ACTIVISION BLIZZARD, INC. is online and console game publisher with market positions across all categories of the interactive entertainment software industry. Activision Blizzard Inc. has a market cap of $13.77 billion; its shares were traded at around $12.05 with a P/E ratio of 15.1 and P/S ratio of 3.2. The dividend yield of Activision Blizzard Inc. stocks is 1.4%.

Activision Blizzard Inc. had a net income of $148 million and their total net revenues were $754 announced in their 2011 third quarter financial results.

President & CEO Robert A Kotick sold 621,317 shares of ATVI stock on 11/15/2011 at the average price of 12.24. 10% Owner Vivendi, Director Brian G Kelly, Principal Accounting Officer Stephen G Wereb and Chief Public Policy Officer George L Rose sold 37,581,725 shares of ATVI stock in May, June, September and November.

M.D.C. Holdings Inc. (MDC, Financial): Chairman of the Board and CEO, 10% Owner Larry A Mizel sold 432,575 Shares

Chairman of the Board and CEO, 10% Owner of M.D.C. Holdings Inc. (MDC) Larry A Mizel sold 432,575 shares on 11/17/2011 at an average price of $18.76. M.D.C. HOLDINGS, INC. is engaged in the construction, financing of residential housing and the acquisition and development of land for use in its homebuilding activities and sale to others, in the Denver, Phoenix, Maryland, Virginia, mid Atlantic region, Las Vegas, Dallas, California metropolitan areas. M.d.c. Holdings Inc. has a market cap of $869.8 million; its shares were traded at around $18.3 with and P/S ratio of 0.9. The dividend yield of M.d.c. Holdings Inc. stocks is 5.4%.

Announced in M. D. C. Holdings inc. 2011 third quarter results, the company reported net loss of $31.7 million and total revenue of $211.4 million.

Chairman of the Board and CEO, 10% Owner Larry A Mizel sold 432,575 shares of MDC stock on 11/17/2011 at the average price of 18.76. President, COO and Director David D Mandarich and Sr VP and General Counsel Michael Touff sold 31,909 shares of MDC stock in November.

Bank of the Ozarks (OZRK, Financial): Chairman & CEO, 10% Owner George G Gleason Ii sold 326,685 Shares

Chairman & CEO, 10% Owner of Bank of the Ozarks (OZRK) George G Gleason Ii sold 326,685 shares on 11/11/2011 at an average price of $26.28. Bank of the Ozarks, Inc. owns a subsidiary bank, Bank of the Ozarks and Ozark Capital Trust, a business trust. Bank of the Ozarks has a market cap of $913.2 million; its shares were traded at around $26.66 with a P/E ratio of 15.4 and P/S ratio of 4.1. The dividend yield of Bank Of The Ozarks stocks is 1.5%. Bank Of The Ozarks had an annual average earnings growth of 15.1% over the past 10 years. GuruFocus rated Bank Of The Ozarks the business predictability rank of 4-star.

Bank of the Ozarks reported their 2011 third quarter financial results, which reported net income of $83.8 million.

Chairman & CEO, 10% Owner George G Gleason Ii sold 514,065 shares of OZRK stock in May, August and November. Chief Banking Officer Tyler A Vance bought 1,000 shares of OZRK stock on 08/19/2011 at the average price of 21.48.Vice Chairman, President, COO Mark D Ross, Director Linda D Gleason, President Leasing Division Jay Scott Hastings and Director Henry J Mariani sold 360,085 shares of OZRK stock in November.

Ariba Inc. (ARBA, Financial): Chairman and CEO Robert Calderoni sold 292,553 Shares

Chairman and CEO of Ariba Inc. (ARBA) Robert Calderoni sold 292,553 shares on 11/16/2011 at an average price of $32.26. Ariba Inc. is a provider of intranet- and Internet-based business-to-business electronic commerce solutions for operating resources. Ariba Inc. has a market cap of $2.87 billion; its shares were traded at around $29.39 with a P/E ratio of 113 and P/S ratio of 6.4.

Total revenue was $122.7 million and net income was $3.1 million for Ariba Inc, announced in their results for the fourth quarter of fiscal year 2011.

Chairman and CEO Robert Calderoni sold 292,553 shares of ARBA stock on 11/16/2011 at the average price of 32.26. CFO Ahmed Rubaie sold 111,745 shares of ARBA stock in August and November. President Kevin Costello bought 88 shares of ARBA stock on 07/31/2011 at the average price of 28.11. President Kevin Costello, COO Kent Parker and Director Richard F Wallman sold 157,486 shares of ARBA stock in November and September.

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