Weekly CEO Sells Highlight: Gap Inc., Bed Bath & Beyond Inc., Mentor Graphics Corporation and iStar Financial Inc.

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Apr 22, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Gap Inc., Bed Bath & Beyond Inc., Mentor Graphics Corporation and iStar Financial Inc.

Gap Inc. (GPS, Financial): Chairman and CEO Glenn Murphy Sold 250,000 Shares


Chairman and CEO of Gap Inc. (GPS) Glenn Murphy sold 250,000 shares on 04/12/2013 at an average price of $38.02. Gap Inc. was incorporated in the State of California in July 1969 and was reincorporated under the laws of the State of Delaware in May 1988. Gap Inc. has a market cap of $17.31 billion; its shares were traded at around $37 with a P/E ratio of 15.873 and P/S ratio of 1.14. The dividend yield of Gap Inc. stocks is 1.42%. Gap Inc. had an annual average earnings growth of 6.9% over the past 10 years.

Gap Inc. reported their 2013 March net sales. The company reported revenues of $1.56 billion.

Chairman and CEO Glenn Murphy sold 1,000,000 shares of GPS stock in March and April. EVP CFO Sabrina Simmons sold 127,055 shares of GPS stock in March. Director Frank Maw, bought 30,000 shares of GPS stock on 01/24/2013 at the average price of $1.54. CIO John T. Keiser, President Jack Calhoun and Executive Vice President Global Supply Chain Colin Funnell sold 90,569 shares of GPS stock in March and April.

Bed Bath and Beyond Inc. (BBBY, Financial): CEO Steven H. Temares Sold 241,978 Shares

CEO of Bed Bath & Beyond Inc. (BBBY) Steven H. Temares sold 241,978 shares during the past week at an average price of $65.88. Bed Bath & Beyond Inc. was founded in 1971. The company and subsidiaries is a chain of retail stores, operating under the names Bed Bath & Beyond ('BBB'), Christmas Tree Shops ('CTS'), Harmon and Harmon Face Values ('Harmon') and buybuy BABY. Bed Bath & Beyond Inc. has a market cap of $15.02 billion; its shares were traded at around $66.77 with a P/E ratio of 15.2207 and P/S ratio of 1.37. Bed Bath & Beyond Inc. had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Bed Bath & Beyond Inc. the business predictability rank of 5-star.

Bed Bath & Beyond Inc. reported net earnings of $373.9 million and revenues of $3.4 billion for their 2012 fiscal year results.

CEO Steven H. Temares sold 432,092 shares of BBBY stock in February and April. CFO and Treasurer Eugene A. Castagna sold 5,000 shares of BBBY stock on 02/06/2013 at the average price of $59.96. Senior Vice President Stores Matthew Fiorilli, Co-Chairman Warren Eisenberg and Co-Chairman Leonard Fienstein sold 168,621 shares of BBBY stock in December and April.

Mentor Graphics Corporation (MENT, Financial): Chairman and CEO Walden C. Rhines Sold 174,330 Shares

Chairman and CEO of Mentor Graphics Corporation (MENT) Walden C. Rhines sold 174,330 shares on 04/12/2013 at an average price of $17.56. Mentor Graphics Corporation is in the industry of electronic design automation or EDA. Mentor Graphics Corporation has a market cap of $1.95 billion; its shares were traded at around $17.27 with a P/E ratio of 14.771 and P/S ratio of 1.76. The dividend yield of Mentor Graphics Corporation stocks is 0.26%.

Mentor Graphic Corporation reported their 2012 fiscal fourth quarter with revenues of $331.2 million and net income of $61.5 million.

Chairman and CEO Walden C. Rhines sold 174,330 shares of MENT stock on 04/12/2013 at the average price of $17.56. President and COO Gregory K. Hinckley, Director Kevin C. McDonough, Senior Vice President L. Don Maulsby, Director Patrick McManus and Director Peter L. Bonfield sold 265,852 shares of MENT stock in December, March and April.

iStar Financial Inc. (SFI): Chairman and CEO Jay Sugarman Sold 80,246 Shares

Chairman and CEO of iStar Financial Inc. (SFI) Jay Sugarman sold 80,246 shares on 04/12/2013 at an average price of $11.01. iStar Financial Inc began its business in 1993 through private investment funds and became publicly traded in 1998. Istar Financial Inc. has a market cap of $898.103 million; its shares were traded at around $10.82 with and P/S ratio of 8.01.

iStar Financial Inc. reported total revenues of $93.7 million and net loss of $79.9 million.

Chairman and CEO Jay Sugarman sold 268,421 shares of SFI stock in November and April. Chief Legal Officer and CIO Nina Matis sold 70,000 shares of SFI stock in December.

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