Weekly CEO Sells Highlight: Six Flags Entertainment Corp, Gentex Corp, Hersha Hospitality Trust, and Under Armour Inc.

Author's Avatar
Nov 10, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Six Flags Entertainment Corp, Gentex Corp, Hersha Hospitality Trust, and Under Armour Inc.

Six Flags Entertainment Corp (SIX, Financial): Chairman, President & CEO James Reid-anderson sold 800,000 Shares

Chairman, President & CEO of Six Flags Entertainment Corp (SIX, Financial) James Reid-anderson sold 800,000 shares during the past week at an average price of $40.06. Six Flags Inc. is a Delaware Corporation. The Company owns and operates regional theme, water and zoological parks. Six Flags Entertainment Corp has a market cap of $3.75 billion; its shares were traded at around $40.05 with a P/E ratio of 32.20 and P/S ratio of 3.42. The dividend yield of Six Flags Entertainment Corp stocks is 4.69%. Six Flags Entertainment Corp had an annual average earnings growth of 20.50% over the past 10 years.

Six Flags Entertainment Corp. reported revenues of $542 million and net income of $124 million for its 2014 third quarter financial results.

Chairman, President & CEO James Reid-anderson sold 800,000 shares of SIX stock in November. VP, Chief Accounting Officer Leonard A Russ, Senior VP - Marketing Brett Petit, and SVP- Administration, Secretary Walter Hawrylak sold 41,187 shares of SIX stock in September and October.

Gentex Corp (GNTX, Financial): Chairman of the Board & CEO Fred Bauer sold 534,000 Shares

Chairman of the Board & CEO of Gentex Corp (GNTX, Financial) Fred Bauer sold 534,000 shares on 11/04/2014 at an average price of $32.79. Gentex Corp was organized as a Michigan company in 1974. Gentex Corp has a market cap of $4.86 billion; its shares were traded at around $33.26 with a P/E ratio of 18.00 and P/S ratio of 3.76. The dividend yield of Gentex Corp stocks is 1.80%. Gentex Corp had an annual average earnings growth of 10.20% over the past 10 years.

Gentex Corp. announced its 2014 third quarter results. The Company reported revenues of $350.9 million and net income of $72.3 million.

Chairman of the Board & CEO Fred Bauer sold 534,000 shares of GNTX stock on 11/04/2014 at the average price of 32.79. CFO Steven R Downing sold 2,000 shares of GNTX stock on 09/29/2014 at the average price of 27.36. Vice President Purchasing Joseph E Iv Matthews, Director James H Wallace, Senior Vice President Bruce A Los and Senior Vice President Mark W Newton sold 55,182 shares of GNTX stock in September and October.

Hersha Hospitality Trust (HT, Financial): CEO Jay H Shah sold 500,000 Shares

CEO of Hersha Hospitality Trust (HT, Financial) Jay H Shah sold 500,000 shares on 11/07/2014 at an average price of $7.34. Hersha Hospitality Trust is a self-advised Maryland statutory real estate investment trust that was organized in 1998 and completed its initial public offering in January of 1999. Hersha Hospitality Trust has a market cap of $1.47 billion; its shares were traded at around $7.34 with a P/E ratio of 18.30 and P/S ratio of 3.73. The dividend yield of Hersha Hospitality Trust stocks is 3.41%.

Hersha Hospitality Trust reported its 2014 third quarter results with total revenues of $113.0 million and net income of $7.6 million.

CEO Jay H Shah sold 500,000 shares of HT stock on 11/07/2014 at the average price of 7.34. CFO Ashish R Parikh sold 100,000 shares of HT stock on 11/06/2014 at the average price of 7.36. President and COO Neil H Shah and Chief Accounting Officer Michael R Gillespie sold 515,000 shares of HT stock in November.

Under Armour Inc (UA, Financial): Chairman and CEO, 10% Owner Kevin A Plank sold 405,000 Shares

Chairman and CEO, 10% Owner of Under Armour Inc (UA, Financial) Kevin A Plank sold 405,000 shares on 10/31/2014 at an average price of $64.72. Under Armour, Inc., was incorporated in Maryland in 1996 as KP Sports, Inc. Under Armour Inc has a market cap of $14.31 billion; its shares were traded at around $66.98 with a P/E ratio of 79.50 and P/S ratio of 5.08. Under Armour Inc had an annual average earnings growth of 23.50% over the past 10 years. GuruFocus rated Under Armour Inc the business predictability rank of 4.5-star.

Under Armour Inc. announced its 2014 third quarter financial results. The Company reported net sales of $938 million and net income of $89 million.

Chairman and CEO, 10% Owner Kevin A Plank sold 1,934,500 shares of UA stock in July, August, and October. CFO Brad Dickerson sold 36,000 shares of UA stock in August and November. President of International Karl-heinz Maurath, President, North America Henry B. Stafford, SVP, Sales, North America Adam Peake, and Director Thomas J Sippel sold 81,488 shares of UA stock in August, October, and November.

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