Weekly CEO Sells Highlight: Fedex Corp, Praxair Inc, US Bancorp, and Pepsico Inc.

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May 07, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Fedex Corp, Praxair Inc, US Bancorp, and Pepsico Inc.


Fedex Corp (FDX, Financial): Chairman/President/CEO Frederick W Smith sold 280,000 Shares


Chairman/President/CEO of Fedex Corp (FDX) Frederick W Smith sold 280,000 shares on 05/03/2012 at an average price of $89.01. FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Fedex Corp has a market cap of $27.53 billion; its shares were traded at around $89.31 with a P/E ratio of 13.8 and P/S ratio of 0.7. The dividend yield of Fedex Corp stocks is 0.6%. Fedex Corp had an annual average earnings growth of 1.9% over the past 10 years.


On March 22, 2012, Fedex Corp. reported net sales of $10.56 billion and net income of $521 million for their third quarter results.


Chairman/President/CEO Frederick W Smith sold 280,000 shares of FDX stock on 05/03/2012 at the average price of 89.01. Director Paul S Walsh, EVP Chief Info Officer Robert B Carter, EVP MKT DEVEL/CORP COMM T Michael Glenn, CVP PRIN ACCT OFFICER John L Merino and EVP CHIEF FINANCIAL OFF Alan B Jr Graf sold 106,786 shares of FDX stock in December, January, February and April.


Praxair Inc (PX, Financial): President & CEO Stephen F Angel sold 238,100 Shares


President & CEO of Praxair Inc (PX) Stephen F Angel sold 238,100 shares on 05/01/2012 at an average price of $116.36. Praxair is one of the largest industrial gases companies in North and South America. Praxair Inc has a market cap of $34.43 billion; its shares were traded at around $114.68 with a P/E ratio of 20.9 and P/S ratio of 3.1. The dividend yield of Praxair Inc stocks is 1.9%. Praxair Inc had an annual average earnings growth of 11.2% over the past 10 years. GuruFocus rated Praxair Inc the business predictability rank of 4.5-star.


Praxair reported their 2012 first quarter results. The Company reported net income of $419 million and revenues of $2.8 billion.


President & CEO Stephen F Angel sold 238,100 shares of PX stock on 05/01/2012 at the average price of 116.36. Vice President & Controller Elizabeth T Hirsch, Vice President Sally A Savoia, Director Raymond W Leboeuf and Executive Vice President Ricardo S Malfitano sold 216,925 shares of PX stock in February and April.


US Bancorp (USB, Financial): Chairman, President and CEO Richard K Davis sold 235,591 Shares


Chairman, President and CEO of Us Bancorp (USB) Richard K Davis sold 235,591 shares on 04/27/2012 at an average price of $32.01. U.S. Bancorp is a financial services holding company. Us Bancorp has a market cap of $61.35 billion; its shares were traded at around $31.66 with a P/E ratio of 12.6 and P/S ratio of 2.9. The dividend yield of Us Bancorp stocks is 2.4%. Us Bancorp had an annual average earnings growth of 0.7% over the past 10 years.


Net income of $1.3 billion and revenues of $4.9 billion for US Bancorp’s 2012 first quarter results.


Chairman, President and CEO Richard K Davis sold 235,591 shares of USB stock on 04/27/2012 at the average price of 32.01. Vice Chairman and CFO Andrew Cecere sold 242,516 shares of USB stock in November and April. Vice Chairman Pamela A Joseph, EVP, Human Resources Jennie P Carlson, EVP, General Counsel, and Sec. Lee R Mitau and Director Patrick T Stokes sold 124,283 shares of USB stock in April and May.


Pepsico Inc (PEP, Financial): CEO, PAB Albert P Carey sold 200,000 Shares


CEO, PAB of Pepsico Inc (PEP) Albert P Carey sold 200,000 shares on 04/30/2012 at an average price of $66.01. PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. Pepsico Inc has a market cap of $105.36 billion; its shares were traded at around $65.96 with a P/E ratio of 15.2 and P/S ratio of 1.6. The dividend yield of Pepsico Inc stocks is 3.1%. Pepsico Inc had an annual average earnings growth of 8.7% over the past 10 years. GuruFocus rated Pepsico Inc the business predictability rank of 5-star.


Revenues were $12.4 billion and net income of $1.1 billion for Pepsico Inc’s 2012 first quarter financial results.


CEO, PAB Albert P Carey sold 200,000 shares of PEP stock on 04/30/2012 at the average price of 66.01. Director Arthur C Martinez, EVP & Chief HR Officer Cynthia Trudell, Director Sharon Percy Rockefeller and Director Shona L Brown sold 67,260 shares of PEP stock in March and April.


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