Weekly CEO Sells Highlight: Ross Stores, Zalicus, EverBank Financial and eHealth

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Jan 21, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Ross Stores Inc., Zalicus Inc., EverBank Financial Corp. and eHealth Inc.

Ross Stores Inc. (ROST, Financial): Vice Chairman and CEO Michael Balmuth sold 222,388 Shares


Vice Chairman and CEO of Ross Stores Inc. (ROST) Michael Balmuth sold 222,388 shares on 01/14/2013 at an average price of $56.33. Ross Stores Inc. is a Delaware Corporation. The company and its subsidiaries operate two brands of off-price retail apparel and home fashion stores. Ross Stores Inc. has a market cap of $12.95 billion; its shares were traded around $58.15 with a P/E ratio of 17.6056 and P/S ratio of 1.3957. The dividend yield of Ross Stores Inc. stocks is 0.96%. Ross Stores Inc. had an annual average earnings growth of 17.7% over the past 10 years. GuruFocus rated Ross Stores Inc. the business predictability rank of 4-star.

Ross Stores Inc. reported their 2012 third quarter financial results. The company reported revenues of $2.3 billion and net income of $159.5 million.

Vice Chairman and CEO Michael Balmuth sold 222,388 shares of ROST stock on 01/14/2013 at the average price of $56.33. Director K. Gunnar Bjorkland and President, Chief Operating Officer Michael B.O. [color=#0000ff"> sold 83,136 shares of ROST stock in August, September and October.

Zalicus Inc. (ZLCS, Financial): President and CEO Mark Corrigan sold 112,850 Shares

President & CEO of Zalicus Inc. (ZLCS) Mark Corrigan sold 112,850 shares on 01/15/2013 at an average price of $0.77. Zalicus Inc. was incorporated in Delaware in 2000. Zalicus Inc. has a market cap of $81.2735 million; its shares were traded at around $0.64 with and P/S ratio of 6.1958.

Revenues were $3.5 million and net loss was $12.2 million for Zalicus Inc.’s 2012 third quarter financial results.

President and CEO Mark Corrigan sold 112,850 shares of ZLCS stock on 01/15/2013 at the average price of $0.77. Mark Corrigan owns at least 844,090 shares after this.

EverBank Financial Corp. (EVER, Financial): Chairman and CEO Robert M. Clements sold 110,000 Shares

Chairman and CEO of EverBank Financial Corp (EVER) Robert M. Clements sold 110,000 shares on 01/14/2013 at an average price of $15.01. EverBank Financial Corp provides a diverse range of financial products and services directly to customers nationwide through multiple business channels. Everbank Financial Corp has a market cap of $1.87 billion; its shares were traded at around $15.44 with a P/E ratio of 30.7692 and P/S ratio of 1.8598. The dividend yield of Everbank Financial Corp stocks is 0.26%.

Everbank Financial Corp reported their 2012 third quarter results with net income of $22.2 million.

Chairman and CEO Robert M. Clements sold 110,000 shares of EVER stock on 01/14/2013 at the average price of $15.01. Director Alok Singh bought 967,076 shares of EVER stock on 08/27/2012 at the average price of $12.07. Executive Vice President John S. Surface and President and COO William Blake Wilson sold 120,000 shares of EVER stock in January.

EHealth Inc. (EHTH, Financial): Chair of the Board and CEO Gary L. Lauer sold 119,730 Shares

Chair of the Board and CEO of eHealth Inc. (EHTH) Gary L. Lauer sold 119,730 shares during the past week at an average price of $23.42. EHealth Inc. offers Internet-based insurance agency services for individuals, families and small businesses in the U.S., as well as technology licensing and Internet advertising services. EHealth Inc. has a market cap of $501.231 million; its shares were traded at around $24.77 with a P/E ratio of 74.0741 and P/S ratio of 3.3333. EHealth Inc. had an annual average earnings growth of 16.1% over the past five years.

EHealth reported revenues of $34.8 million and net loss of $249,000 for their 2012 third quarter financial results.

Chair of the Board and CEO Gary L. Lauer sold 314,500 shares of EHTH stock in January. Director Randall S. Livingston sold 1250 shares of EHTH stock on 12/18/2012.

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