Weekly CEO Sells Highlight: Entegris, Honeywell International, St Jude Medical and Wesco International

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Nov 05, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Entegris Inc., Honeywell International Inc., St. Jude Medical Inc. and Wesco International Inc.

Entegris Inc. (ENTG, Financial): President and CEO Gideon Argov Sold 370,000 Shares

President and CEO of Entegris Inc. (ENTG) Gideon Argov sold 370,000 shares on 11/01/2012 at an average price of $8.23. Entegris is a provider of materials management solutions to themicroelectronics industry including, in particular, the semiconductormanufacturing and disk manufacturing markets. Entegris Inc. has a market cap of $1.13 billion; its shares were traded at around $8.31 with a P/E ratio of 13.2 and P/S ratio of 1.5.

Entegris Inc. reported their 2012 third quarter results, including net sales of $184.4 million and net income of $18.0 million.

President and CEO Gideon Argov sold 370,000 shares of ENTG stock on 11/01/2012 at the average price of $8.23. Senior Vice President and General Counsel Peter W. Walcott sold 595 shares of ENTG stock on 09/17/2012 at the average price of $9.07.

Honeywell International Inc. (HON, Financial): Chairman and CEO David M. Cote Sold 390,511 Shares

Chairman and CEO of Honeywell International Inc. (HON) David M. Cote sold 390,511 shares on 10/26/2012 at an average price of $61.59. Honeywell International is a diversified technology and manufacturing company, serving customers worldwide with aerospace products and services, control technologies for buildings, homes and industry, automotive products, power generation systems, specialty chemicals, fibers, plastics and electronic and advanced materials. Honeywell International Inc. has a market cap of $48 billion; its shares were traded at around $62.42 with a P/E ratio of 13.9 and P/S ratio of 1.3. The dividend yield of Honeywell International Inc. stocks is 2.4%. Honeywell International Inc. had an annual average earnings growth of 11.7% over the past 10 years.

Honeywell International Inc. reported revenues of $9.3 billion and earnings per share of $1.1 million for their 2012 third quarter financial results.

Chairman and CEO David M. Cote sold 390,511 shares of HON stock on 10/26/2012 at the average price of $61.59. Senior Vice President and CFO David J. Anderson sold 106,224 shares of HON stock on 10/24/2012 at the average price of $61.45. Senior Vice President and General Counsel Katherine L. Adams and Senior Vice President, Engineering and Operations Krishna Mikkilineni sold 32,179 shares of HON stock in August, September and October.

St. Jude Medical Inc. (STJ, Financial): Chairman, CEO and President Daniel J. Starks Sold 200,000 Shares

Chairman, CEO and President of St. Jude Medical Inc. (STJ) Daniel J. Starks sold 200,000 shares on 11/01/2012 at an average price of $38.46. St. Jude Medical Inc. is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. St. Jude Medical Inc. has a market cap of $12.02 billion; its shares were traded at around $38.51 with a P/E ratio of 11.2 and P/S ratio of 2.1. The dividend yield of St. Jude Medical Inc. stocks is 2.4%. St. Jude Medical Inc. had an annual average earnings growth of 16.2% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 4.5-star.

Net sales for St. Jude Medical Inc.’s 2012 third quarter results were $1.3 billion, and net income for the company was $176 million, or $0.56 per share.

Chairman, CEO and President Daniel J. Starks sold 200,000 shares of STJ stock on 11/01/2012 at the average price of $38.46. Director John W. Brown bought 25,000 shares of STJ stock on 10/25/2012 at the average price of $38.65. Vice President Global Human Resources Angela D. Craig, Vice President Global Quality Jeff Fecho and Vice President IT and CIO Thomas R. Northenscold sold 49,258 shares of STJ stock in September and November.

Wesco International Inc. (WCC, Financial): Chairman, President and CEO John Engel Sold 150,000 Shares

Chairman, President and CEO of Wesco International Inc. (WCC) John Engel sold 150,000 shares on 10/26/2012 at an average price of $62.72. Wesco International Inc. is a provider of electrical products and other industrial MRO supplies and services in North America. Wesco International Inc. has a market cap of $2.76 billion; its shares were traded at around $64.89 with a P/E ratio of 14 and P/S ratio of 0.5. Wesco International Inc. had an annual average earnings growth of 12.1% over the past 10 years.

Wesco International Inc. reported their 2012 third quarter financial results. The company reported net income of $63.4 million and revenues of $1.7 billion.

Chairman, President and CEO John Engel sold 150,000 shares of WCC stock on 10/26/2012 at the average price of $62.72. Director of Internal Audit Allan A. Duganier and Vice President Investor Relations and Corporate Affairs Daniel A. Brailer sold 7,020 shares of WCC stock in October and November.

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