GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly CEO Sells Highlight: Micron Technology Inc., Penske Automotive Group Inc., Huntsman Corp and Sunstone Hotel Investors Inc.

June 08, 2014 | About:
GuruFocus

alicet236

4 followers

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Micron Technology Inc, Penske Automotive Group Inc, Huntsman Corp, and Sunstone Hotel Investors Inc.

Micron Technology Inc (MU): CEO Dermot Mark Durcan sold 200,000 Shares

CEO of Micron Technology Inc (MU) Dermot Mark Durcan sold 200,000 shares on 06/02/2014 at an average price of $28.42. Micron Technology, Inc. is a Delaware Corporation which was incorporated in 1978. Micron Technology Inc has a market cap of $31.62 billion; its shares were traded at around $29.54 with a P/E ratio of 11.90 and P/S ratio of 2.55. Micron Technology Inc had an annual average earnings growth of 1.60% over the past 10 years. GuruFocus rated Micron Technology Inc the business predictability rank of 3-star.

Micron Technology Inc announced their 2014 second fiscal quarter results. The Company reported net sales of $4.1 billion and net income per diluted share of $0.61.

CEO Dermot Mark Durcan sold 400,000 shares of MU stock in April and June. CFO & VP OF FINANCE Ronald C Foster sold 100,000 shares of MU stock from February to May. Director Lawrence N Mondry, Director Robert L Bailey, Director Robert E Switz, and VP Embedded Solutions Thomas T Eby sold 82,000 shares of MU stock in May and June.

Penske Automotive Group Inc (PAG): Chairman & CEO, 10% Owner Roger S Penske sold 195,000 Shares

Chairman & CEO, 10% Owner of Penske Automotive Group Inc (PAG) Roger S Penske sold 195,000 shares on 06/02/2014 at an average price of $46.23. Penske Automotive Group, Inc, was incorporated in the state of Delaware and began dealership operations in October 1992. Penske Automotive Group Inc has a market cap of $4.39 billion; its shares were traded at around $48.53 with a P/E ratio of 17.40 and P/S ratio of 0.28. The dividend yield of Penske Automotive Group Inc stocks is 1.44%. Penske Automotive Group Inc had an annual average earnings growth of 18.50% over the past 5 years.

Penske Automotive Group Inc reported their 2014 first quarter results with revenues of $4.0 billion and net income of $67.9 million.

Chairman & CEO, 10% Owner Roger S Penske sold 195,000 shares of PAG stock on 6/02/2014 at the average price of 46.23. EVP & CFO David K. Jones sold 4,000 shares of PAG stock on 06/02/2014 at the average price of 46.32. President Robert H Jr Kurnick, EVP, Gen. Counsel & Sec. Shane M. Spradlin, and Director John Barr together sold 23,945 shares of PAG stock in April and June.

Huntsman Corp (HUN): CEO Asia Pacific and Div Pres Anthony P Hankins sold 157,483 Shares

CEO Asia Pacific and Div Pres of Huntsman Corp (HUN) Anthony P Hankins sold 157,483 shares on 06/06/2014 at an average price of $28. Huntsman Corporation a Delaware corporation was formed in 2004 to hold the Huntsman businesses. Huntsman Corp has a market cap of $6.97 billion; its shares were traded at around $28.72 with a P/E ratio of 34.50 and P/S ratio of 0.63. The dividend yield of Huntsman Corp stocks is 1.74%. Huntsman Corp had an annual average earnings growth of 25.00% over the past 5 years.

Huntsman Corp announced their 2014 first quarter results with revenues of $2.8 billion and net income of $62 million.

CEO Asia Pacific and Div Pres Anthony P Hankins sold 157,483 shares of HUN stock on 06/06/2014 at the average price of 28. Exec VP and CFO J Kimo Esplin sold 157,483 shares of HUN stock in May and June. Sr. VP, EHS Ronald W Gerrard, Sr. VP & Deputy GC Russell R Stolle, Division President Stewart Alan Monteith, Executive Chairman, 10% Owner Jon M Huntsman, and Division President James H Huntsman sold 622,122 shares of HUN stock in April, May, and June.

Sunstone Hotel Investors Inc (SHO): CEO Kenneth Edward Cruse sold 153,553 Shares

CEO of Sunstone Hotel Investors Inc (SHO) Kenneth Edward Cruse sold 153,553 shares on 05/30/2014 at an average price of $14.67. Sunstone Hotel Investors, Inc. was incorporated in Maryland on June 28, 2004 in anticipation of an initial public offering of common stock, which was consummated on October 26, 2004. Sunstone Hotel Investors Inc has a market cap of $2.8 billion; its shares were traded at around $15.25 with a P/E ratio of 114.90 and P/S ratio of 2.65. The dividend yield of Sunstone Hotel Investors Inc stocks is 0.98%. Sunstone Hotel Investors Inc had an annual average earnings growth of 39.20% over the past 5 years.

Sunstone Hotel Investor Inc reported revenues of $243.5 million and net loss of $3.5 million for their 2014 first quarter results.

CEO Kenneth Edward Cruse bought 4,000 shares of SHO stock on 06/03/2014 at the average price of 14.79. CEO Kenneth Edward Cruse sold 191,553 shares of SHO stock in March and May. SVP - CFO Bryan Albert Giglia sold 15,763 shares of SHO stock on 05/29/2014 at the average price of 14.61. SVP - Treasurer & Secretary Lindsay Newton Monge, President John V Arabia¸ SVP - General Counsel David Ryan Sloan, and EVP - COO Marc Andrew Hoffman sold 226,217 shares of SHO stock in February and May.

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


Rating: 0.0/5 (0 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide