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Weekly CEO Sells Highlight: Sysco Corporation, MBIA Inc., Bloomin Brands Inc. and Gulfport Energy Corporation

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alicet236

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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Sysco Corporation, MBIA Inc., Bloomin Brands Inc. and Gulfport Energy Corporation

Sysco Corporation (SYY): President & CEO William J. Delaney III sold 1,018,799 Shares

President & CEO of Sysco Corporation (SYY) William J. Delaney III sold 1,018,799 shares on 05/23/2013 at an average price of $34.67. Sysco Corporation was organized under the laws of Delaware. Sysco Corporation has a market cap of $20.24 billion; its shares were traded at around $33.80 with a P/E ratio of 19.61 and P/S ratio of 0.45. The dividend yield of Sysco Corporation stocks is 3.25%. Sysco Corporation had an annual average earnings growth of 5.8% over the past 10 years. GuruFocus rated Sysco Corporation the business predictability rank of 3.5-star.

Sysco Corporation reported their 2013 fiscal third quarter results with sales of $10.9 billion and net income of $201 million.

President and CEO William J. Delaney III sold 1,018,799 shares of SYY stock on 05/23/2013 at the average price of $34.67. Executive Vice President; CFO Robert C. Kreidler sold 80,697 shares of SYY stock on 05/15/2013 at the average price of $35.04. EVP, Business Transformation James D. Hope, Director Jonathan Golden, EVP, Merchandise and Supply Chain Management William B. Day, and EVP and Group President Michael W. Green sold 163,357 shares of SYY stock in March and May.

MBIA Inc. (MBI): CEO Joseph W. Brown sold 749,000 Shares

CEO of MBIA Inc. (MBI) Joseph W. Brown sold 749,000 shares on 05/23/2013 at an average price of $14.5. MBIA Incorporated was formed as a business corporation under the laws of the state of Connecticut in 1986. Mbia Inc. has a market cap of $2.77 billion; its shares were traded at around $14.25 with a P/E ratio of 2.00 and P/S ratio of 1.22.

MBIA Inc reported revenues of $219 million and net income of $164 for their 2013 first financial quarter.

CEO Joseph W. Brown sold 749,000 shares of MBI stock on 05/23/2013 at the average price of $14.5.

Bloomin Brands Inc. (BLMN): Chairman and CEO Elizabeth A. Smith sold 250,000 Shares

Chairman and CEO of Bloomin Brands Inc. (BLMN) Elizabeth A. Smith sold 250,000 shares on 05/29/2013 at an average price of $20.59. Bloomin Brands Inc. formerly known as Kangaroo Holdings Inc. Bloomin Brands Inc has a market cap of $2.84 billion; its shares were traded at around $23.26 with a P/E ratio of 44.05 and P/S ratio of 0.69.

Bloomin Brands Inc. reported total sales of $1.1 billion and net income of $65.1 million for their 2013 first quarter financial results.

Chairman and CEO Elizabeth A. Smith sold 250,000 shares of BLMN stock on 05/29/2013 at the average price of $20.59. Director and 10% Owner Mark E. Nunnelly, Director and 10% Owner Andrew Balson, Director and 10% Owner David Humphrey and Director Chris Thomas Sullivan sold 46,479,871 shares of BLMN stock on 05/29/2013.

Gulfport Energy Corporation (GPOR): CEO James D. Palm sold 125,000 Shares

CEO of Gulfport Energy Corporation (GPOR) James D. Palm sold 125,000 shares on 05/28/2013 at an average price of $49.5. Gulfport Energy Corporation is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay, or WCBB, and Hackberry fields, and in West Texas in the Permian Basin. Gulfport Energy Corporation has a market cap of $3.82 billion; its shares were traded at around $47.69 with a P/E ratio of 33.67 and P/S ratio of 11.33.

Gulfport Energy Corporation reported net income of $44.6 million and sales of $54.9 million for their 2013 first quarter financial results.

CEO James D. Palm sold 125,000 shares of GPOR stock on 05/28/2013 at the average price of $49.5. VP, CFO and Secretary Michael G. Moore sold 51,809 shares of GPOR stock in December, March and May. Director Donald L. Dillingham sold 2,250 shares of GPOR stock on 05/16/2013 at the average price of $49.12.

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


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