Weekly CEO Sells Highlight: Demand Media Inc., FactSet Research Systems Inc. and International Paper Company

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Oct 22, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Demand Media Inc., FactSet Research Systems Inc. and International Paper Company.

Demand Media Inc. (DMD, Financial): CEO and Chairman of the Board M. Richard Rosenblatt Sold 150,000 Shares

CEO and Chairman of the Board of Demand Media Inc. (DMD) Richard M. Rosenblatt sold 150,000 shares on 10/17/2012 at an average price of $10.11. Demand Media operates as a media company comprising of two distinct and complementary service offerings: Content & Media and Registrar. Demand Media Inc. has a market cap of $818.97 million; its shares were traded at around $9.63 with a P/E ratio of 481.5 and P/S ratio of 2.52.

Demand Media Inc. reported their 2012 second quarter financial results. The company reported total net income of $79.5 million and net loss of $2.4 million.

CEO and Chairman of the Board Richard M. Rosenblatt sold 400,000 shares of DMD stock in August, September and October. Chief Revenue and Marketing Officer Joanne K. Bradford sold 85,788 shares of DMD stock in May, June and September.

FactSet Research Systems Inc. (FDS, Financial): CEO and Chairman Philip A. Hadley sold 102,700 Shares

CEO and Chairman of FactSet Research Systems Inc. (FDS) Philip A. Hadley sold 102,700 shares on 10/15/2012 at an average price of $93.79. FactSet Research Systems Inc. supplies global economic and financial data to analysts, investment bankers and other financial professionals. FactSet Research Systems Inc. has a market cap of $4.05 billion; its shares were traded at around $91.07 with a P/E ratio of 21.38 and P/S ratio of 5.03. The dividend yield of FactSet Research Systems Inc. stocks is 1.36%. FactSet Research Systems Inc. had an annual average earnings growth of 16.3% over the past 10 years. GuruFocus rated FactSet Research Systems Inc. the business predictability rank of 4.5-star.

Revenues were $202 million and net income was $48.0 million for FactSet Research Systems Inc.’s third quarter of fiscal 2012.

CEO and Chairman Philip A. Hadley sold 102,700 shares of FDS stock on 10/15/2012 at the average price of $93.79. Senior Vice President Kieran M. Kennedy, Principal Financial Officer Maurizio Nicolelli, Executive Vice President Michael D. Frankenfield and Director Charles J. Snyder sold 167,309 shares of FDS stock in September and October.

International Paper Company (IP, Financial): Chairman and CEO John V. Faraci Sold 65,000 Shares

Chairman and CEO of International Paper Company (IP) John V. Faraci sold 65,000 shares on 10/16/2012 at an average price of $38. International Paper Co. is a global paper and forest products company thatis complemented by an extensive distribution system. International Paper Company has a market cap of $16.37 billion; its shares were traded at around $37.42 with a P/E ratio of 14.34 and P/S ratio of 0.63. The dividend yield of International Paper Company stocks is 2.81%. International Paper Company had an annual average earnings growth of 3.3% over the past 10 years.

International Paper Company reported net income of $137 million and revenues of $7.1 billion.

Chairman and CEO John V. Faraci sold 131,500 shares of IP stock in April, August, September and October. Senior Vice President and CFO Carol L. Roberts sold 7,500 shares of IP stock on 08/20/2012 at the average price of $34.4. Senior Vice President Tommy S. Joseph, Senior Vice President Maximo Pacheco¸ Senior Vice President Mark S. Sutton and Senior Vice President and CIO John N. Balboni sold 33,655 shares of IP stock in September.

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