According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Starbucks Corp, Boyd Gaming Corporation, Fortinet Inc, and RingCentral Inc.
Starbucks Corp (SBUX, Financial): Chairman and CEO Howard D Schultz sold 1,228,255 Shares
Chairman and CEO of Starbucks Corp (SBUX, Financial) Howard D Schultz sold 1,228,255 shares during the past week at an average price of $58.55. Starbucks Corp was formed in 1985. The Company is the roaster, marketer & retailer of specialty coffee in the world, operating in 65 countries. Starbucks Corp has a market cap of $85.98 billion; its shares were traded at around $57.20 with a P/E ratio of 32.20 and P/S ratio of 4.71. The dividend yield of Starbucks Corp stocks is 1.12%. Starbucks Corp had an annual average earnings growth of 7.40% over the past 10 years. GuruFocus rated Starbucks Corp the business predictability rank of 3-star.
Starbucks Corp. declared its 2015 third fiscal quarter results, which included net sales of $4.9 billion and net earnings of $626.7 million.
Chairman and CEO Howard D Schultz sold 1,739,993 shares of SBUX stock in June and August. Director Myron E Ullman III, Director Craig Weatherup, Director William W Bradley, evp, gen. counsel & secretary Lucy Lee Helm, and Director Olden C Lee together sold 654,204 shares of SBUX stock in March, April, May, and July.
Boyd Gaming Corporation (BYD, Financial): President & CEO Keith Smith sold 200,000 Shares
President & CEO of Boyd Gaming Corporation (BYD, Financial) Keith Smith sold 200,000 shares on 07/30/2015 at an average price of $16.93. Boyd Gaming Corporation was incorporated in Nevada in June 1988. Boyd Gaming Corporation has a market cap of $1.89 billion; its shares were traded at around $16.95 with and P/S ratio of 0.74.
Boyd Gaming Corporation recognized revenues of $559.9 million and net loss of $6.4 million in its 2015 second financial quarter report.
President & CEO Keith Smith sold 200,000 shares of BYD stock on 07/30/2015 at the average price of 16.93. Director Veronica J Wilson bought 2,400 shares of BYD stock on 03/04/2015 at the average price of 13.94. Vice President William R Boyd, Executive V.P. and Secretary Brian A Larson, and Executive Vice President Marianne Boyd Johnson together sold 258,888 shares of BYD stock in July and August.
Fortinet Inc (FTNT, Financial): President & CEO Ken Xie sold 180,000 Shares
President & CEO of Fortinet Inc (FTNT, Financial) Ken Xie sold 180,000 shares on 08/04/2015 at an average price of $47.58. Fortinet Inc was incorporated in Delaware in October 2000. Fortinet Inc has a market cap of $8.09 billion; its shares were traded at around $46.90 with a P/E ratio of 670.00 and P/S ratio of 9.31. Fortinet Inc had an annual average earnings growth of 13.60% over the past 5 years.
Fortinet Inc. reported its 2015 second quarter financial results. The Company declared revenues of $239.8 million and net income of $0.8 million.
President & CEO Ken Xie sold 420,000 shares of FTNT stock from March to August. CFO Matto Andrew H Del sold 13,000 shares of FTNT stock from April to August. Chief Accounting Officer Keith Jensen, VP, Engineering & CTO Michael Xie, VP CorpDev&Strat Alliance, GC John Whittle, and Director Hong Liang Lu together sold 307,680 shares of FTNT stock in July and August.
RingCentral Inc. (RNG, Financial): CEO & Chairman, 10% Owner Vladimir Shmunis sold 175,000 Shares
CEO & Chairman, 10% Owner of RingCentral Inc. (RNG, Financial) Vladimir Shmunis sold 175,000 shares on 08/05/2015 at an average price of $19.45. Ringcentral Inc. has a market cap of $1.36 billion; its shares were traded at around $18.80 with and P/S ratio of 5.40.
RingCentral Inc. announced its 2015 first quarter results with net sales of $65.3 million and net loss of $0.15 per diluted share.
CEO & Chairman, 10% Owner Vladimir Shmunis sold 450,000 shares of RNG stock from February to August. SVP, Strategy Praful Shah and 10% Owner Vinod Khosla together sold 346,316 shares of RNG stock in June and July.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
