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Weekly CEO Sells Highlight: GNC Holdings, Prologis Inc, Intuit Inc, and Blackrock Inc.

February 26, 2012 | About:
gurufocus

gurufocus

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: GNC Holdings, Prologis Inc, Intuit Inc, and Blackrock Inc.

GNC Holdings (GNC): President and CEO Joe Fortunato sold 400,800 Shares

President and CEO of Gnc Holdings (GNC) Joe Fortunato sold 400,800 shares during the past week at an average price of $30.93. GNC Holdings, Inc. operates as a specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. Gnc Holdings has a market cap of $3.31 billion; its shares were traded at around $32.24 with a P/E ratio of 21.07 and P/S ratio of 1.6.

GNC Holdings reported their 2011 fourth quarter results ended December 31, 2011. The Company reported revenue of $509.6 million and net income of $37.7 million.

President and CEO Joe Fortunato sold 735,400 shares of GNC stock in February. EVP, CFO Michael Nuzzo sold 90,000 shares of GNC stock In November, December and February. SVP, Int'l & Domestic Franch. Darryl Green, EVP, CMO and General Manager Thomas Dowd, SVP, Chief Innovation Officer Guru Ramanathan and SVP,CLO and Secretary Gerald J. Jr. Stubenhofer sold 272,946 shares of GNC stock in February.

Prologis Inc (PLD): Co-CEO Walter C Rakowich sold 290,000 Shares

Co-CEO of Prologis Inc (PLD) Walter C Rakowich sold 290,000 shares on 02/24/2012 at an average price of $33.85. Prologis Incorporation is engaged in the acquisition, development, and operation of industrial properties in North America, Europe, and Asia. Prologis Inc has a market cap of $15.56 billion; its shares were traded at around $33.88 with a P/E ratio of 21.72 and P/S ratio of 10.15. The dividend yield of Prologis Inc stocks is 3.31%.

Prologis Inc. reported total revenues of $484.1 million and net income (loss) per share of $0.10 for their 2011 fourth quarter results.

Co-CEO Walter C Rakowich sold 290,000 shares of PLD stock on 02/24/2012 at the average price of 33.85. CFO William E Sullivan sold 73,244 shares of PLD stock in February.

Intuit Inc (INTU): President and CEO Brad D Smith sold 260,000 Shares

President and CEO of Intuit Inc (INTU) Brad D Smith sold 260,000 shares on 02/23/2012 at an average price of $58.9. Intuit's mission is to revolutionize how people manage their financialactivities. Intuit Inc has a market cap of $17.26 billion; its shares were traded at around $58.06 with a P/E ratio of 24.71 and P/S ratio of 4.48. The dividend yield of Intuit Inc stocks is 1.03%. Intuit Inc had an annual average earnings growth of 15.6% over the past 10 years. GuruFocus rated Intuit Inc the business predictability rank of 4-star.

Intuit Inc. reported their 2012 second quarter fiscal results. The Company reported operating income of $192 million and total revenue of $1.02 billion.

President and CEO Brad D Smith sold 260,000 shares of INTU stock on 02/23/2012 at the average price of 58.9. SVP and CFO R Neil Williams sold 122,142 shares of INTU stock on 09/13/2011 at the average price of 46.61. EVP, Small Business Division Kiran M Patel, SVP,General Counsel & Corp Sec Laura A Fennell, Executive Committee Chairman Scott D Cook and Director David H Batchelder sold 1,326,674 shares of INTU stock in January and February.

Blackrock Inc (BLK): Chairman and CEO Laurence Fink sold 185,633 Shares

Chairman and CEO of Blackrock Inc (BLK) Laurence Fink sold 185,633 shares on 02/16/2012 at an average price of $192.27. BlackRock, Inc. is one of the largest investment management firms in the United States. Blackrock Inc has a market cap of $26.47 billion; its shares were traded at around $196 with a P/E ratio of 16.54 and P/S ratio of 2.91. The dividend yield of Blackrock Inc stocks is 2.81%. Blackrock Inc had an annual average earnings growth of 24.9% over the past 10 years. GuruFocus rated Blackrock Inc the business predictability rank of 4-star.

Blackrock Inc. reported their 2011 fourth quarter results. The Company reported revenue of $2.2 billion and net income of $583 million.

Chairman and CEO Laurence Fink sold 375,633 shares of BLK stock in January and February. Director Murry Gerber bought 6,000 shares of BLK stock on 02/02/2012 at the average price of 183.69. Principal Accounting Officer Joseph Feliciani, Senior Managing Director J. Richard Kushel and Vice Chairman Susan Wagner sold 102,353 shares of BLK stock in February.

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

  • 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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gurufocus
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