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Weekly CEO Sells Highlight: Golub Capital BDC Inc, PNC Financial Services Group Inc, Meritor and Varian Medical Systems Inc.

January 08, 2012 | About:
GuruCT

GuruCT

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Golub Capital BDC Inc, PNC Financial Services Group Inc, Meritor and Varian Medical Systems Inc.

Golub Capital BDC Inc. (GBDC): CEO, 10% Owner David Golub sold 1,250,000 Shares

CEO, 10% Owner of Golub Capital BDC Inc. (GBDC) David Golub sold 1,250,000 shares on 12/30/2011 at an average price of $15.2. Golub Capital BDC Inc. is a business development company that principally invests in senior secured, mezzanine and second lien loans of middle-market companies that are, in most cases, sponsored by private equity investors. Golub Capital Bdc Inc. has a market cap of $332.1 million; its shares were traded at around $15.28 with a P/E ratio of 13.17 and P/S ratio of 8.48. The dividend yield of Golub Capital Bdc Inc. stocks is 8.38%.

Golub Capital BDC Inc. declares their first fiscal quarter of 2012 with net earnings per share with $0.14 and an investment income of $10.8 million.

CEO, 10% Owner David Golub bought 27,768shares of GBDC stock in August and September., 10% Owner David Golub sold 1,250,000 shares of GBDC stock on 12/30/2011 at the average price of 15.2. Chairman, 10% Owner Lawrence E Golub and Director Anita R Rosenberg bought 41,368 shares of GBDC stock in September and August.Chairman, 10% Owner Lawrence E Golub sold 1,250,000 shares of GBDC stock on 12/30/2011 at the average price of 15.2.

PNC Financial Services Group Inc. (PNC): Chairman and CEO James E Rohr sold 273,000 Shares

Chairman and CEO of PNC Financial Services Group Inc. (PNC) James E Rohr sold 273,000 shares on 01/03/2012 at an average price of $59.25. The PNC Financial Services Group, Inc. is one of the nation's largest diversified financial services organizations, providing regional banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund services. Pnc Financial Services Group Inc. has a market cap of $31.52 billion; its shares were traded at around $59.91 with a P/E ratio of 9.38 and P/S ratio of 1.84. The dividend yield of Pnc Financial Services Group Inc. stocks is 2.34%. Pnc Financial Services Group Inc. had an annual average earnings growth of 5.9% over the past 10 years.

PNC Financial Services Group Inc. announced total revenue of $3.5 billion and net income of $834 million for their 2011 third quarter earnings.

Chairman and CEO James E Rohr sold 273,000 shares of PNC stock on 01/03/2012 at the average price of 59.25. Director Helge H Wehmeier and Director Charles E Bunch bought 1,320 shares of PNC stock in July, October and January. President Joseph C Guyaux and Executive Vice President Michael J Hannon sold 42,800 shares of PNC stock on 01/03/2012.

Meritor (MTOR): Chairman, CEO and President Charles G Mcclure sold 108,498 Shares

Chairman, CEO and President of Meritor (MTOR) Charles G Mcclure sold 108,498 shares on 01/05/2012 at an average price of $5.77. Meritor, Inc., formerly known as ArvinMeritor, Inc. Meritor has a market cap of $556.37 million; its shares were traded at around $5.88 with a P/E ratio of 7.54 and P/S ratio of 0.12.

Net income from continuing operations in Meritor’s 2011 fourth quarter are $38 million compared to the $9 million in the fourth quarter of 2010. Cash flow for the Company is $60 and free cash flow for the quarter is $23.

Chairman, CEO and President Charles G Mcclure sold 174,935 shares of MTOR stock in July and January. Sr.VP, CFO Jeffrey A Craig sold 37,591 shares of MTOR stock on 01/05/2012 at the average price of 5.81. Director William R Newlin bought72,000 shares of MTOR stock in November. Sr. VP, Treasury and Corporate Mary A Lehmann and Senior VP and General Counsel Vernon G Baker Ii sold 66,510 shares of MTOR stock on 01/05/2012.

Varian Medical Systems Inc. (VAR): President and CEO Timothy E Guertin sold 100,000 Shares

President and CEO of Varian Medical Systems Inc. (VAR) Timothy E Guertin sold 100,000 shares on 12/30/2011 at an average price of $67. Varian Medical Systems, Inc., of Palo Alto, California is the world's supplier of equipment and software for treating cancer. Varian Medical Systems Inc. has a market cap of $7.76 billion; its shares were traded at around $68.9 with a P/E ratio of 20.03 and P/S ratio of 2.99. Varian Medical Systems Inc. had an annual average earnings growth of 17.4% over the past 10 years. GuruFocus rated Varian Medical Systems Inc. the business predictability rank of 4.5-star.

Varian Medical Systems Inc. reported their fourth quarter of fiscal year 2011 results. The Company reported that revenues were $719 million for the fourth quarter, $2.6 billion for the fiscal year and net earnings per diluted share from continuing operations were $0.95 for the fourth quarter and $3.44 for the fiscal year.

President and CEO Timothy E Guertin sold 100,000 shares of VAR stock on 12/30/2011 at the average price of 67. SVP, Finance and CFO Elisha W Finney sold 35,000 shares of VAR stock in November, December and January. VP and Corporate Controller Tai-yun Chen and VP, Gen Counsel and Secretary John W Kuo sold 127,217 shares of VAR stock in December and January.

For the complete list of stocks that bought by their CEOs, go to: Insider Buys. http://www.gurufocus.com/update/article_ceo_sell.php

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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