Weekly CEO Sells Highlight: Allergan, Tibco Software, RailAmerica, Southern Community Financial Corp

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Oct 08, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Allergan Inc., Tibco Software Inc., RailAmerica Inc. and Southern Community Financial Corp.

Allergan Inc. (AGN, Financial): Chairman, President and CEO David E. Pyott I sold 616,300 Shares

Chairman, President and CEO of Allergan Inc. (AGN) David E Pyott I sold 616,300 shares on 10/05/2012 at an average price of $93.73. Allergan Inc. is a provider of eye care and specialty pharmaceutical products throughout the world with products in the eye care pharmaceutical, ophthalmic surgical device, over-the-counter contact lens care, movement disorder and dermatological markets. Allergan Inc. has a market cap of $28.79 billion; its shares were traded at around $92.75 with a P/E ratio of 24.3 and P/S ratio of 5.3. The dividend yield of Allergan Inc. stocks is 0.2%. Allergan Inc. had an annual average earnings growth of 14.9% over the past 10 years.

Allergen Inc reported their 2012 second quarter operating results. The Company reported total product net sales of $1.5 billion and diluted earnings per share attributable to stockholderswere $0.96.

Chairman, President and CEO David E Pyott I sold 616,300 shares of AGN stock on 10/05/2012 at the average price of $93.73. Executive Vice President Finance and Business Development and CFO Jeffrey L. Edwards sold 99,462 shares of AGN stock on 05/04/2012 at the average price of $93.01. Executive Vice President R&D and CSO Scott M. Whitcup, Director Trevor M. Jones, Executive Vice President and President EAME Douglas S. Ingram and Director Louis J. Lavigne Jr. sold 124,500 shares of AGN stock in August, September and October.

Tibco Software Inc. (TIBX, Financial): CEO Vivek Ranadive sold 542,000 Shares

CEO of Tibco Software Inc. (TIBX) Vivek Ranadive sold 542,000 shares on 10/05/2012 at an average price of $29.01. Tibco Software Inc. is a provider of software solutions that enable businesses to integrate internal operations, business partners and customer channels in real-time. Tibco Software Inc. has a market cap of $4.65 billion; its shares were traded at around $29.1 with a P/E ratio of 31.2 and P/S ratio of 5.1. Tibco Software Inc. had an annual average earnings growth of 23.6% over the past five years.

Total revenues were $255.0 million and net income of $26.1 million for Tibco Software Inc.’s third quarter results.

CEO Vivek Ranadive sold 542,000 shares of TIBX stock on 10/05/2012 at the average price of $29.01. Executive Vice President and CFO Sydney Carey sold 42,000 shares of TIBX stock in July and October. Executive Vice President and COO Murray D. Rode, Director Narendra Gupta and Executive Vice President Products & Engineering Thomas J. Laffey sold 164,053 shares of TIBX stock in July, August and October.

RailAmerica Inc. (RA, Financial): President and CEO John Giles sold 509,256 Shares

President and CEO of RailAmerica Inc. (RA) John Giles sold 509,256 shares on 10/01/2012 at an average price of $27.5. RailAmerica Inc. primarily engages in the ownership and operation of short line and regional freight railroads in North America..

RailAmerica Inc reported that revenues were $156.1 million and net income was $0.23 per diluted share or $11.4 million for their 2012 second quarter results.

President and CEO John Giles sold 509,256 shares of RA stock on 10/01/2012 at the average price of $27.5. Senior Vice President and CFO B. Clyde Preslar sold 114,527 shares of RA stock on 10/01/2012 at the average price of $27.5. Senior Vice President and General Counsel Scott G. Williams, Director Wesley R. Edens, Director Paul R. Goodwin and Senior Vice President and Chief Investment Officer Georgi A. Kirov sold 30,542,188 shares of RA stock on 10/01/2012.

Southern Community Financial Corp. (SCMF, Financial): CEO F. Scott Bauer sold 247,296 Shares

CEO of Southern Community Financial Corp. (SCMF) F. Scott Bauer sold 247,296 shares on 10/01/2012 at an average price of $3.11. Southern Community Financial Corporation is the holding company of Southern Community Bank and Trust.

Southern Community Financial Corp. reported their 2012 second quarter financial results. The Company reported net income of $1.9 million.

CEO F. Scott Bauer sold 247,296 shares of SCMF stock on 10/01/2012 at the average price of $3.11. CFO James Hastings sold 20,974 shares of SCMF stock on 10/01/2012 at the average price of $3.11. Director Edward T. Brown, Executive Vice President Jeff T. Clark, Director William G. Ward Md., Director Stephen L. Robertson and Director W. Samuel Smoak sold 524,146 shares of SCMF stock on 10/01/2012.

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