According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Macy's Inc. (M, Financial), Nuance Communications Inc. (NUAN, Financial), The Scotts Miracle Gro Co. (SMG, Financial) and Marsh & McLennan Companies Inc. (MMC, Financial).
Macy's: Chairman and CEO Terry Lundgren sold 177,352 shares
Macy's Chairman and CEO Terry J. Lundgren sold 177,352 shares on March 23 at an average price of $43.48. Macy's was incorporated in Delaware in 1985. The company and its predecessors have been operating department stores since 1830. Macy's has a market cap of $13.67 billion; its shares were traded around $43.48 with a P/E ratio of 13.22 and P/S ratio of 0.55. The trailing 12-month dividend yield of Macy's stock is 3.31%. The forward dividend yield of Macy's stock is 3.31%. Macy's had an annual average earnings growth of 13.30% over the past five years.
Macy’s announced its 2015 fiscal annual results. The company reported net sales of $27.1 billion and net earnings of $1.1 billion.
Lundgren sold 206,505 shares of Macy's stock in February and March. CFO Karen M. Hoguet sold 34,903 shares of Macy's stock in March. President Jeffrey Gennette bought 25,000 shares of Macy's stock on March 2 at the average price of 43.81.
Nuance Communications: CEO Paul Ricci sold 148,684 shares
Nuance Communications CEO Paul Ricci sold 148,684 shares on March 17 at an average price of $19.52. Nuance Communications was incorporated in 1992 as Visioneer Inc. Nuance Communications has a market cap of $5.57 billion; its shares were traded around $18.31 with a P/S ratio of 2.97. Nuance Communications had an annual average earnings growth of 11.90% over the past 10 years.
Nuance Communications declared its 2016 first-quarter results with net sales of $486.1 million and net loss of $12.1 million.
Ricci sold 1,070,536 shares of Nuance stock in December and March. Director Mark R. Laret, Executive Vice President and Chief Financial Officer Daniel David Tempesta, 10% owner Carl Icahn, and Executive Vice President World William T. Robbins together sold 30,769,046 shares of Nuance stock in March.
Scotts Miracle Gro: Chairman and CEO, 10% owner James Hagedorn sold 124,500 shares
Scotts Miracle Gro Chairman and CEO, 10% owner James Hagedorn sold 124,500 shares on March 17 at an average price of $72.92. Scotts Miracle Gro is a manufacturer and marketer of consumer lawn and garden products. Scotts Miracle Gro has a market cap of $4.46 billion; its shares were traded around $72.61 with a P/E ratio of 29.64 and P/S ratio of 1.48. The trailing 12-month dividend yield of Scotts Miracle Gro stock is 2.56%. The forward dividend yield of Scotts Miracle Gro stock is 2.59%. Scotts Miracle Gro had an annual average earnings growth of 4.40% over the past 10 years. GuruFocus rated Scotts Miracle Gro the business predictability rank of 2-star.
Scotts Miracle Gro recognized revenues of $245.7 million and net loss of $80.8 million in its 2016 first-quarter results.
Chairman and CEO, 10% owner James Hagedorn sold 198,932 shares of Scotts Miracle Gro stock in March. EVP and CFO Thomas Randal Coleman sold 894 shares of Scotts Miracle Gro stock on March 14 at the average price of 73.45. Director Stephen L. Johnson, EVP, Global Human Resources Denise Stump, EVP and COO Michael C. Lukemire and Director, 10% owner Katherine Littlefield Hagedorn sold 32,763 shares of Scotts Miracle Gro stock in January, February and March.
Marsh & McLennan Companies: President and CEO, Mercer Julio Portalatin sold 108,651 Shares
Marsh & McLennan Companies President and CEO, Mercer Julio A. Portalatin sold 108,651 shares on March 17 at an average price of $60. Marsh & McLennan Companies was established in 1871 and was incorporated in Delaware. Marsh & McLennan Companies has a market cap of $31.17 billion; its shares were traded around $59.80 with a P/E ratio of 20.13 and P/S ratio of 2.50. The trailing 12-month dividend yield of Marsh & McLennan Companies stock is 2.02%. The forward dividend yield of Marsh & McLennan Companies stock is 2.07%. It had an annual average earnings growth of 9.10% over the past 10 years.
Marsh & McLennan Companies reported its 2015 full-year results with revenues of $12.9 billion and net income attributable to the company of $2.98 per share.
Portalatin sold 108,651 shares of Marsh & McLennan stock on March 17 at the average price of $60. SVP and Controller Robert J. Rapport, SVP, Chief Information Officer E. Scott Gilbert and EVP and General Counsel Peter J. Beshar together sold 109,245 shares in November and March.
For the complete list of stocks that were bought by their CEOs, go to: Insider Buys.
