Weekly CEO Sales Highlight: Diplomat Pharmacy, PMC-Sierra, Oasis Petroleum, Starbucks

A look at recent insider sales

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Dec 14, 2015
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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Diplomat Pharmacy Inc., PMC-Sierra Inc., Oasis Petroleum Inc., Starbucks Corp.

Diplomat Pharmacy Inc. (DPLO, Financial): Chairman, CEO and 10% owner Philip R. Hagerman sold 2,300,000 shares

Hagerman sold 2,300,000 shares on Dec. 7 at an average price of $33.6 per share. Diplomat Pharmacy was founded in 1975. The Company is a specialty pharmacy company engaged in improving the lives of patients with complex chronic diseases. Diplomat Pharmacy has a market cap of $2.03 billion; its shares were traded at around $31.47 with a P/E ratio of 108.17 and P/S ratio of 0.41.

Diplomat Pharmacy Inc. reported its quarter results that included revenues of $946.9 million and net income of $15.7 million.

CFO Sean Whelan sold 149,534 shares of DPLO stock on Aug. 26 at the average price of $38.04. SVP of Sales & Business Development Atheer A Kaddis and President Gary W Kadlec together sold 126,975 shares of DPLO stock in October, November, and December.

PMC-Sierra Inc. (PMCS, Financial): President and CEO Gregory S Lang sold 871,423 shares

Lang sold 871,423 shares during the past week at an average price of $11.86 per share. PMC-Sierra was incorporated in the state of California in 1983 and reincorporated in the state of Delaware in 1997. It has a market cap of $2.33 billion; its shares were traded at around $11.71 with a P/E ratio of 557.65 and P/S ratio of 4.51.

PMC-Sierra Inc. declared its 2015 third quarter results. The Company recognized net sales of $133.6 million and net income of $6.7 million.

Lang sold 1,161,591 shares of PMCS stock in November and December. VP Finance and CFO Steven J Geiser sold 281,868 shares of PMCS stock in November and December.Ă‚

Oasis Petroleum Inc. (OAS, Financial): Chairman and CEO Thomas B. Nusz sold 200,000 shares

Nusz sold 200,000 shares on Dec. 10 at an average price of $9.3 per share. Oasis Petroleum has a market cap of $1.23 billion; its shares were traded at around $8.86 with a P/E ratio of 6.31 and P/S ratio of 1.18.

Oasis Petroleum Inc. reported net sales of $197.2 million and net income of $27.1 million in its 2015 third financial quarter results.

Nusz sold 350,000 shares of OAS stock altogether in June and December.

Starbucks Corp. (SBUX, Financial): Chairman and CEO Howard D. Schultz sold 162,099 shares

Schultz sold 162,099 shares on Dec. 9 at an average price of $62.23 per share. Starbucks Corp was formed in 1985. The Company is the roaster, marketer and retailer of specialty coffee, operating in 68 countries. Starbucks has a market cap of $88.82 billion; its shares were traded at around $59.82 with a P/E ratio of 33.69 and P/S ratio of 4.72. The dividend yield of Starbucks Corp stocks is 1.14%. Starbucks Corp. had an annual average earnings growth of 10.40% over the past 10 years. GuruFocus rated Starbucks the business predictability rank of 3-star.

Starbucks Corp. announced its 2015 fiscal year results with net revenues of $19.2 billion and net earnings of $2.8 billion.

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