Weekly CEO Sells Highlight: Gap Inc., Take-Two Interactive Software Inc., Schlumberger NV, Lorilland Inc.

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Mar 03, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Gap Inc., Take-Two Interactive Software Inc., Schlumberger NV and Lorilland Inc.

Gap Inc. (GPS, Financial): Chairman & CEO Glenn Murphy Sold 300,000 Shares

Chairman & CEO of Gap Inc. (GPS, Financial) Glenn Murphy sold 300,000 shares on 02/26/2014 at an average price of $44. 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 $19.64 billion; its shares were traded at around $43.75 with a P/E ratio of 15.60 and P/S ratio of 1.27. The dividend yield of Gap Inc. stocks is 1.60%. Gap, Inc. had an annual average earnings growth of 7.90% over the past 10 years. GuruFocus rated Gap Inc. the business predictability rank of 2-star.

Gap Inc. reported their 2013 fiscal full year results with net sales of $4.6 billion and net income of $307 million.

Chairman and CEO Glenn Murphy sold 300,000 shares of GPS stock on 02/26/2014 at the average price of $44. EVP, Global Supply Chain Sonia Syngal, Director John K. Bell, and EVP Global HR and Corp Affairs Gavin Eva Sage sold 293,375 shares of GPS stock in November and February.

Take-Two Interactive Software Inc. (TTWO, Financial): Chairman, CEO Strauss Zelnick Sold 237,924 Shares

Chairman, CEO of Take-Two Interactive Software Inc. (TTWO, Financial) Strauss Zelnick sold 237,924 shares on 02/24/2014 at an average price of $19.38. Take-Two Interactive Software Inc. was incorporated under the laws of the State of Delaware in 1993. Take-two Interactive Software Inc. has a market cap of $1.94 billion; its shares were traded at around $19.77 with and P/S ratio of 1.88.

Take-Two Interactive Software Inc. announced its 2013 third quarter results. The company announced revenues of $1.9 billion and net income of $578.4 million.

Chairman, CEO Strauss Zelnick sold 570,828 shares of TTWO stock in September and February. CFO Lainie Goldstein sold 12,650 shares of TTWO stock in January and February. President Karl Slatoff, Exec VP and General Counsel Seth D. Krauss, and Director Michael Sheresky sold 537,864 shares of TTWO stock in February.

Schlumberger NV (SLB, Financial): CEO Paal Kibsgaard Sold 208,800 Shares

CEO of Schlumberger NV (SLB, Financial) Paal Kibsgaard sold 208,800 shares on 02/21/2014 at an average price of $91.05. Schlumberger NV is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Schlumberger NV has a market cap of $121.58 billion; its shares were traded at around $93.00 with a P/E ratio of 18.40 and P/S ratio of 2.66. The dividend yield of Schlumberger Nv stocks is 1.44%. Schlumberger NV had an annual average earnings growth of 12.70% over the past 10 years. GuruFocus rated Schlumberger NV the business predictability rank of 3-star.

Schlumberger NV reported revenues of $45.3 billion and net income of $6.8 million for their 2013 full year results.

CEO Paal Kibsgaard sold 208,800 shares of SLB stock on 02/21/2014 at the average price of 91.05. President Patrick Schorn, Vice President-Director of Tax Mark Danton, Chief Accounting Officer Howard Guild, and Secretary and General Counsel Alexander C. Juden sold 78,339 shares of SLB stock in January and February.

Lorillard Inc. (LO, Financial): Chairman, President and CEO Murray S. Kessler Sold 202,653 Shares

Chairman, President and CEO of Lorillard Inc. (LO, Financial) Murray S. Kessler sold 202,653 shares on 02/20/2014 at an average price of $47.27. Lorillard Inc. through its subsidiaries is engaged in the manufacture and sale of cigarettes. Lorillard Inc. has a market cap of $17.77 billion; its shares were traded at around $49.06 with a P/E ratio of 15.40 and P/S ratio of 2.68. The dividend yield of Lorillard Inc. stocks is 4.62%. Lorillard Inc. had an annual average earnings growth of 16.10% over the past 5 years.

Lorillard Inc reported its 2013 full year results with revenues of $6.9 billion and net income of $1.2 billion.

Chairman, President and CEO Murray S. Kessler sold 240,471 shares of LO stock in September and February. Executive VP and CFO David H. Taylor sold 266,874 shares of LO stock in October and February. Executive Vice President Randy B. Spell, VP, Controller and CAO Anthony B. Petitt, Executive VP, GC and Secretary Ronald S. Milstein, Vice President and Treasurer Houghton Lewis, and Executive Vice President Charles E. Hennighausen sold 47,417 shares of LO stock in February.

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