Weekly CEO Sells Highlight: Cobalt International Energy Inc, Nike Inc, Energy XXI Ltd, and Varonis Systems Inc.

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Dec 28, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Cobalt International Energy Inc, Nike Inc, Energy XXI Ltd, and Varonis Systems Inc.

Cobalt International Energy Inc (CIE, Financial): Chair. of Board Dir. & CEO Joseph H Bryant sold 207,450 Shares

Chair. of Board Dir. & CEO of Cobalt International Energy Inc (CIE, Financial) Joseph H Bryant sold 207,450 shares on 12/22/2014 at an average price of $8.8. Cobalt International Energy, Inc. was incorporated in State of Delaware as Cobalt International Energy, Inc. Cobalt International Energy Inc has a market cap of $3.67 billion; its shares were traded at around $8.89 . Cobalt International Energy Inc had an annual average earnings growth of 41.50% over the past 5 years.

Cobalt International Energy Inc. announced its 2014 third quarter results. The Company reported net loss of $143 million.

Chair. of Board Dir. & CEO Joseph H Bryant sold 207,450 shares of CIE stock on 12/22/2014 at the average price of 8.8. Joseph H Bryant owns at least 2,834,550 shares after this. The price of the stock has increased by 1.02% since. SVP, President Cobalt Angola Richard Anthony Smith, EVP, Execution & Appraisal James H. Painter, and VP, Gov't and Public Affairs Lynne L. Hackedorn together sold 81,476 shares of CIE stock in December.

Nike Inc (NKE, Financial): President and CEO Mark G Parker sold 180,000 Shares

President and CEO of Nike Inc (NKE, Financial) Mark G Parker sold 180,000 shares on 12/23/2014 at an average price of $95.99. Nike Inc is engaged in designing, development and worldwide marketing of footwear, apparel, equipment, and accessory products. Nike Inc has a market cap of $83.42 billion; its shares were traded at around $96.83 with a P/E ratio of 28.70 and P/S ratio of 2.90. The dividend yield of Nike Inc stocks is 1.03%. Nike Inc had an annual average earnings growth of 8.60% over the past 10 years. GuruFocus rated Nike Inc the business predictability rank of 5-star.

Nike Inc. announced its 2015 second fiscal quarter results with revenues of $7.4 billion and net income of $655 million.

President and CEO Mark G Parker sold 280,000 shares of NKE stock in October and December. EVP & CFO Donald W Blair sold 232,000 shares of NKE stock in July and September. COO Eric D Sprunk, Director Orin Smith, Director John G Connors, EVP, CAO and General Counsel Hilary K Krane, and Vice President-Corp Controller Bernard F. Pliska together sold 339,218 shares of NKE stock in October and December.

Energy XXI Ltd (EXXI, Financial): President, Chairman, and CEO John D Jr Schiller sold 150,000 Shares

President, Chairman, and CEO of Energy XXI Ltd (EXXI, Financial) John D Jr Schiller sold 150,000 shares on 12/19/2014 at an average price of $3.19. Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. Energy Xxi Ltd has a market cap of $309.771 million; its shares were traded at around $3.30 with and P/S ratio of 0.24. The dividend yield of Energy Xxi Ltd stocks is 14.55%. Energy Xxi Ltd had an annual average earnings growth of 6.20% over the past 5 years.

Energy XXI Ltd. reported revenues of $403.2 million and net loss of $6.4 million for its fiscal 2015 first quarter.

President, Chairman, and CEO John D Jr Schiller sold 150,000 shares of EXXI stock on 12/19/2014 at the average price of 3.19. CFO Bruce W Busmire bought 45,000 shares of EXXI stock in November and December. Director Hill A Feinberg and Director Scott A Griffiths together bought 35,000 shares of EXXI stock in November and December.

Varonis Systems Inc (VRNS, Financial): CEO, President, Chairman Yakov Faitelson sold 150,000 Shares

CEO, President, Chairman of Varonis Systems Inc (VRNS, Financial) Yakov Faitelson sold 150,000 shares on 12/24/2014 at an average price of $31.02. Varonis Systems Inc was incorporated under the laws of the State of Delaware on November 3, 2004 and commenced operations on January 1, 2005. Varonis Systems Inc has a market cap of $786.119 million; its shares were traded at around $32.00 with and P/S ratio of 7.96.

Varonis Systems Inc. announced its 2014 third quarter results. The Company reported revenues of $25.6 million and net loss of $6.4 million.

CEO, President, Chairman Yakov Faitelson sold 150,000 shares of VRNS stock on 12/24/2014 at the average price of 31.02. Chief Technology Officer Ohad Korkus, SVP of Worldwide Sales James O'boyle, 10% Owner Iv L.p. Evergreen, and Director Erez Shachar together sold 346,519 shares of VRNS stock in December.

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