Weekly CEO Sells Highlight: Profire energy Inc, Graphic Packaging Holding Co, Seagate Technology PLC, Conmed Corp.

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Aug 04, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Profire energy Inc, Graphic Packaging Holding Co, Seagate Technology PLC, Conmed Corp.

Profire Energy Inc (PFIE, Financial): CEO, 10% Owner Brenton Hatch sold 375,000 Shares

CEO, 10% Owner of Profire Energy Inc (PFIE, Financial) Brenton W Hatch sold 375,000 shares on July 28 at an average price of $4. Profire Energy Inc., formerly Flooring Zone was incorporated in the State of Nevada on May 5, 2003. Profire Energy Inc has a market cap of $155.174 million; its shares were traded at around $3.23 with a P/E ratio of 25.80 and P/S ratio of 4.31. Profire Energy Inc had an annual average earnings growth of 36.60% over the past 5 years.

Profire Energy reported their fiscal year 2014 results. Profire announced revenues of $35.4 million and net income of $5.6 million.

CEO, 10% Owner Brenton Hatch sold 1,000,000 shares of PFIE stock in July. CFO Andrew Limpert sold 400,000 shares of PFIE stock in July. COO, 10% Owner Harold Albert sold 1,000,000 shares of PFIE stock in July.

Graphic Packaging Holding Co (GPK, Financial): President & CEO David Scheible sold 200,000 Shares

President & CEO of Graphic Packaging Holding Co (GPK, Financial) David Scheible sold 200,000 shares on July 30 at an average price of $12.22. Graphic Packaging Holding Corporation or GPHC was incorporated on June 21, 2007 under the laws of the State of Delaware, under the name New Giant Corporation. Graphic Packaging Holding Co has a market cap of $3.93 billion; its shares were traded at around $12.03 with a P/E ratio of 47.50 and P/S ratio of 0.92. Graphic Packaging Holding Co had an annual average earnings growth of 1.30% over the past 5 years.

Graphic Packaging Holding Co. reported their 2014 second quarter financial results with revenues of $1.1 billion and net loss of $40.3 million.

President & CEO David Scheible sold 500,000 shares of GPK stock from February to July. SVP & CFO Daniel Blount sold 385,000 shares of GPK stock in February and May. Director Jeffrey H Coors, SVP, Beverage Packaging Michael Schmal, and COO Michael Doss sold 380,500 shares of GPK stock from May to July.

Seagate Technology PLC (STX, Financial): Chairman and CEO Stephen Luczo sold 150,000 Shares

Chairman and CEO of Seagate Technology PLC (STX, Financial) Stephen Luczo sold 150,000 shares on July 24 at an average price of $59.01. Seagate Technology is a provider of electronic data storage products. Seagate Technology has a market cap of $19 billion; its shares were traded at around $58.19 with a P/E ratio of 12.90 and P/S ratio of 1.49. The dividend yield of Seagate Technology stocks is 2.87%.

Chairman and CEO Stephen Luczo sold 364,345 shares of STX stock from February to July. Executive Vice President,Sales David Richarz, Director Frank Biondi, SVP, FINANCE, TREASURER & PAO David Morton, and SVP & Chief Technical Officer Mark Re sold 45,794 shares of STX stock in May and July.

Conmed Corp (CNMD, Financial): Former President & CEO Joseph Corasanti sold 109,035 Shares

Former President & CEO of Conmed Corp (CNMD, Financial) Joseph J Corasanti sold 109,035 shares on July 30 at an average price of $39.25. Conmed Corporation was incorporated under the laws of the State of New York in 1970. Conmed Corp has a market cap of $1.05 billion; its shares were traded at around $38.45 with a P/E ratio of 30.90 and P/S ratio of 1.43. The dividend yield of Conmed Corp stocks is 1.95%. Conmed had an annual average earnings growth of 3.00% over the past 10 years.

Conmed Corp reported their 2014 second quarter financial results. The company announced net sales of $188.2 million and net income of $10.3 million.

Former President & CEO Joseph Corasanti sold 109,035 shares of CNMD stock on July 30 at the average price of 39.25. Director Bruce Daniels sold 1,600 shares of CNMD stock on July 30 at the average price of 39.31.

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