Weekly CEO Sells Highlight: Aspen Technology, Inc, Rent-A-Center Inc, Illinois Tool Works Inc, and Healthways, Inc

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Sep 04, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Aspen Technology, Inc, Rent-A-Center Inc, Illinois Tool Works Inc, and Healthways, Inc Aspen Technology, Inc. (AZPN, Financial): President & CEO Mark Fusco sold 269,808 Shares

President & CEO of Aspen Technology, Inc. (AZPN) Mark Fusco sold 269,808 shares on 08/27/2012 at an average price of $23.65. Aspen Technology Inc. is a recognized expert and provider of award-winning process optimization software and services. Aspen Technology, Inc. has a market cap of $2.21 billion; its shares were traded at around $24.38 with and P/S ratio of 9.1.

Aspen Technology Inc reported total revenues of $64.0 million and net loss (income) of $5.4 million for the Company’s 2012 fourth quarter fiscal quarter results.

President & CEO Mark Fusco sold 448,647 shares of AZPN stock in May and August. EVP & CFO Mark P. Sullivan sold 29,540 shares of AZPN stock in May and August. EVP, Field Operations Antonio J Pietri, SVP & General Counsel F G Hammond, EVP, Products Manolis E Kotzabasakis, and SVP & General Counsel F G Hammond sold 96,132 shares of AZPN stock in August.

Rent-A-Center Inc (RCII, Financial): Chairman of the Brd & CEO Mark E Speese sold 200,000 Shares

Chairman of the Brd & CEO of Rent-A-Center Inc (RCII) Mark E Speese sold 200,000 shares on 08/24/2012 at an average price of $36.01. Rent-A-Center operates company owned rent-to-own stores which offer high-quality, durable goods such as consumer electronics, appliances, furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. Rent-a-center Inc has a market cap of $2.16 billion; its shares were traded at around $35.28 with a P/E ratio of 11.9 and P/S ratio of 0.8. The dividend yield of Rent-a-center Inc stocks is 1.8%. Rent-a-center Inc had an annual average earnings growth of 1.7% over the past 10 years.

Rent-A-Center Inc reported their 2012 second quarter financial results. The Company reported total revenues of $749.7 million and net income of $44.2 million.

Chairman of the Brd & CEO Mark E Speese sold 200,000 shares of RCII stock on 08/24/2012 at the average price of 36.01. President and COO Mitchell E Fadel sold 41,198 shares of RCII stock on 07/27/2012 at the average price of 36.25.

Illinois Tool Works Inc. (ITW, Financial): Chairman & CEO David B Speer sold 163,704 Shares

Chairman & CEO of Illinois Tool Works Inc. (ITW) David B Speer sold 163,704 shares on 08/24/2012 at an average price of $60. Illinois Tool Works, Inc. manufactures and markets a variety of productsand systems that provide specific, problem-solving solutions for a diversecustomer base worldwide. Illinois Tool Works Inc. has a market cap of $28.49 billion; its shares were traded at around $59.3 with a P/E ratio of 15 and P/S ratio of 1.6. The dividend yield of Illinois Tool Works Inc. stocks is 2.4%. Illinois Tool Works Inc. had an annual average earnings growth of 8.9% over the past 10 years. GuruFocus rated Illinois Tool Works Inc. the business predictability rank of 3-star.

Illinois Tool Works Inc reported total revenues of $4.7 billion and net income of $881 million for their 2012 second quarter financial results.

Chairman & CEO David B Speer sold 500,000 shares of ITW stock in August. Sr VP & CFO Ronald D Kropp sold 69,933 shares of ITW stock on 04/27/2012 at the average price of 57.4. SR VP Human Resources Sharon M Brady, Executive Vice President Jane L Warner¸ Director Robert C Mccormack, and Director David Byron Jr Smith sold 350,694 shares of ITW stock in June and August.

Healthways, Inc. (HWAY, Financial): President and CEO Ben R Jr Leedle sold 155,769 Shares

President and CEO of Healthways, Inc. (HWAY) Ben R Jr Leedle sold 155,769 shares on 08/24/2012 at an average price of $10.3. Healthways, Inc. is the and largest provider of specialized, comprehensive Health and Care Support programs and services, including disease management and care enhancement services, to health plans, hospitals and government, in addition to outcomes-driven wellness programs to health plans and employers, in states, the District of Columbia, Puerto Rico and Guam. Healthways, Inc. has a market cap of $347.4 million; its shares were traded at around $10.48 with a P/E ratio of 15.8 and P/S ratio of 0.5.

Total revenues were $170.2 million and revenues were $5.1 million, of $0.15 per diluted share for Healthways Inc 2012 second quarter financial results.

President and CEO Ben R Jr Leedle sold 155,769 shares of HWAY stock on 08/24/2012 at the average price of 10.3. Director Thomas G Cigarran sold 80,646 shares of HWAY stock on 08/03/2012 at the average price of 10.85.

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