Weekly CEO Sells Highlight: Marchex Inc., Veeva Systems Inc., Take-Two Interactive Software Inc. and E.I. du Pont de Nemours & Company

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Apr 08, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Marchex Inc., Veeva Systems Inc., Take-Two Interactive Software Inc. and E.I. du Pont de Nemours & Company.

Marchex Inc. (MCHX, Financial): CEO, 10% Owner Russell C. Horowitz Sold 2,970,000 Shares

CEO, 10% Owner of Marchex Inc. (MCHX, Financial) Russell C. Horowitz sold 2,970,000 shares during the past week at an average price of $9.92. Marchex Inc. was incorporated in the state of Delaware on Jan. 17, 2003. Marchex Inc. has a market cap of $425.989 million; its shares were traded at around $10.25 with a P/E ratio of 205.00 and P/S ratio of 1.40. The dividend yield of Marchex Inc. stocks is 0.20%.

Marchex Inc. announced their 2013 full year results with revenues of $152.6 million and net income of $957,000.

CEO, 10% Owner Russell C. Horowitz sold 2,970,000 shares of MCHX stock in April. Senior VP Accounting and Corporate Controller Michael Miller, General Counsel and CAO Ethan A. Caldwell¸ and President Peter Christothoulou sold 235,625 shares of MCHX stock in April.

Veeva Systems Inc (VEEV, Financial): CEO, 10% Owner Peter P. Gassner Sold 2,000,000 Shares

CEO, 10% Owner of Veeva Systems Inc (VEEV, Financial) Peter P. Gassner sold 2,000,000 shares on 03/31/2014 at an average price of $25.36. Veeva Systems Inc. has a market cap of $3.45 billion; its shares were traded at around $23.05 with a P/E ratio of 144.10 and P/S ratio of 17.10.

Veeva Systems Inc. reported their 2014 fiscal annual results. The company announced net sales of $210.2 million and net income of $23.6 million.

CEO, 10% Owner Peter P. Gassner sold 2,000,000 shares of VEEV stock on 03/31/2014 at the average price of $25.36. CFO Timothy S. Cabral sold 100,000 shares of VEEV stock on 03/31/2014 at the average price of $25.36. Director Gordon Ritter, Director, 10% Owner Young A. Sohn¸ 10% Owner Craig Ramsey, 10% Owner Maja Kristin, and 10% Owner James Burr Ramsey sold 8,500,000 shares of VEEV stock in March.

Take-Two Interactive Software Inc. (TTWO, Financial): Chairman, CEO Strauss Zelnick Sold 379,317 Shares

Chairman, CEO of Take-Two Interactive Software Inc. (TTWO, Financial) Strauss Zelnick sold 379,317 shares on 04/02/2014 at an average price of $21.85. 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 $2.04 billion; its shares were traded at around $20.83 with a P/E ratio of 7.60 and P/S ratio of 0.90.

Take-Two Interactive Software Inc. announced their 2014 third quarter fiscal results. The Company reported revenues of $1.9 billion and net income of $578.4 million.

Chairman, CEO Strauss Zelnick sold 900,145 shares of TTWO stock in February and April. CFO Lainie Goldstein sold 88,890 shares of TTWO stock in January, February and April. President Karl Slatoff, Exec VP and General Counsel Seth D. Krauss, and Director Michael Dornemann sold 935,184 shares of TTWO stock from February to April.

E.I. du Pont de Nemours & Company (DD, Financial): Chair and CEO Ellen Jamison Kullman Sold 304,559 Shares

Chair and CEO of E.I. du Pont de Nemours & Company (DD, Financial) Ellen Jamison Kullman sold 304,559 shares on 04/02/2014 at an average price of $68.01. Dupont E.I. De Nemours & Co. was founded in 1802 and was incorporated in Delaware in 1915. E.I. Du Pont De Nemours & Company has a market cap of $61.93 billion; its shares were traded at around $66.76 with a P/E ratio of 12.80 and P/S ratio of 1.70. The dividend yield of E.I. Du Pont De Nemours & Company stocks is 2.70%. E.I. Du Pont De Nemours & Company had an annual average earnings growth of 3.80% over the past 10 years. GuruFocus rated E.I. Du Pont De Nemours & Company the business predictability rank of 3-star.

E.I. DuPont de Nemours & Company announced their 2013 annual results with revenues of $35.7 billion and earnings per share of $3.04.

Chair and CEO Ellen Jamison Kullman sold 466,089 shares of DD stock from December to April. Senior VP and General Counsel Thomas L. Sager, Executive Vice President James C. Borel and Director Richard H. Brown sold 61,979 shares of DD stock in March and April.

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