Weekly CEO Sells Highlight: Family Dollar Stores Inc, Infoblox Inc, Mattress Firm Holding Corp, LifeLock Inc

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Oct 15, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Family Dollar Stores Inc., Infoblox Inc., Mattress Firm Holding Corp. and LifeLock Inc.

Family Dollar Stores Inc. (FDO, Financial): CEO Howard R. Levine sold 227,570 Shares

CEO of Family Dollar Stores Inc. (FDO) Howard R. Levine sold 227,570 shares on 10/08/2012 at an average price of $68.75. Family Dollar Stores Inc. is one of the fastest growing discount store chains in the U.S. Family Dollar Stores Inc. has a market cap of $7.76 billion; its shares were traded at around $66.4 with a P/E ratio of 18.24 and P/S ratio of 0.83. The dividend yield of Family Dollar Stores Inc. stocks is 1.27%. Family Dollar Stores Inc. had an annual average earnings growth of 10.8% over the past 10 years. GuruFocus rated Family Dollar Stores Inc. the business predictability rank of 4-star.

Family Dollar Stores Inc.’s net sales for the fourth quarter of fiscal 2012 were $2.36 billion and net income per diluted share was $0.69.

CEO Howard R. Levine sold 227,570 shares of FDO stock on 10/08/2012 at the average price of 68.75. Executive Vice President Barry W. Sullivan, Director Edward P. Garden and Vice Chair Strategy and CAO Dorlisa K. Flur sold 1,037,646 shares of FDO stock in April, July and October.

Infoblox Inc. (BLOX, Financial): President and CEO Robert D. Thomas sold 195,000 Shares

President and CEO of Infoblox Inc (BLOX) Robert D. Thomas sold 195,000 shares on 10/11/2012 at an average price of $20. Infoblox Inc. operates as an automated network controller and provides an appliance-based solution that enables dynamic networks and next-generation data centers. Infoblox Inc. has a market cap of $920.4 million; its shares were traded at around $19.85 with and P/S ratio of 5.44.

Infoblox Inc reported their 2012 fourth fiscal quarter results. The Company reported net loss of $4.3 million and revenue of $45.1 million

President and CEO Robert D. Thomas sold 195,000 shares of BLOX stock on 10/11/2012 at the average price of $20. CFO Remo Canessa sold 94,000 shares of BLOX stock on 10/11/2012 at the average price of $20. Executive Vice President Engineering Sohail M. Parekh, Executive Vice President Product Strategy Wendell Stephen Nye, Director Thomas Banahan and Executive Vice President Worldwide Field Operations Christopher J. Andrews sold 1,502,273 shares of BLOX stock in October.

Mattress Firm Holding Corp. (MFRM, Financial): President and CEO R. Stephen Stagner sold 152,000 Shares

President and CEO of Mattress Firm Holding Corp (MFRM) R. Stephen Stagner sold 152,000 shares on 10/10/2012 at an average price of $28.51. Mattress Firm Holding Corp. operates as a mattress retailer in the U.S. Mattress Firm Holding Corp has a market cap of $1.08 billion; its shares were traded at around $32.08 with a P/E ratio of 23.25 and P/S ratio of 1.54.

Revenue was $262.0 million and net income was $10.1 million for Mattress Firm Holding Corp’s 2012 second fiscal quarter financial results.

President and CEO R. Stephen Stagner sold 152,000 shares of MFRM stock on 10/10/2012 at the average price of $28.51. Executive Vice President, CFO and Treasurer James R. Black sold 55,000 shares of MFRM stock on 10/10/2012 at the average price of $28.51. Executive Vice President Kenneth E. Murphy III, Vice President George W. Mcgill, Executive Vice President Bruce Levy and Executive Vice President Karrie Forbes sold 59,549 shares of MFRM stock on 10/10/2012.

LifeLock Inc. (LOCK, Financial): Chairman and CEO Richard Todd Davis sold 100,000 Shares

Chairman and CEO of LifeLock Inc. (LOCK) Richard Todd Davis sold 100,000 shares on 10/09/2012 at an average price of $8.37.

Chairman and CEO Richard Todd Davis sold 100,000 shares of LOCK stock on 10/09/2012 at the average price of $8.37. 10% Owner Goldman Sachs Group Inc. sold 1,100 shares of LOCK stock on 10/03/2012.

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