Weekly CEO Sells Highlights

Insiders sell INC Research Holdings, DaVita HealthCare Partners, TE Connectivity, Ruckus Wireless

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Apr 18, 2016
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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: INC Research Holdings Inc. (INCR, Financial), DaVita HealthCare Partners Inc. (DVA, Financial), TE Connectivity Ltd. (TEL, Financial) and Ruckus Wireless Inc. (RKUS, Financial).

INC Research Holdings: CEO D. Jamie Macdonald sold 94,675 shares

INC Research Holdings CEO D. Jamie Macdonald sold 94,675 shares on April 12 at an average price of $48. INC Research Holdings has a market cap of $2.66 billion; its shares traded for $49.31 Friday with a P/E ratio of 25.16 and P/S ratio of 2.13.

INC Research Holdings reported net sales of $1.4 billion and net income of $117 million in its 2015 annual results.

Executive V.P. and CFO Gregory S. Rush sold 134,290 shares in December and February. President Clinical Development Michael Gibertini and Director Robert W. Breckon together sold 39,882 shares in January and February.

DaVita HealthCare Partners: CEO-Kidney Care Javier Rodriguez sold 89,912 shares

DaVita HealthCare Partners CEO-Kidney Care Javier Rodriguez sold 89,912 shares on April 11 at an average price of $73.51. Davita Healthcare Partners has a market cap of $15.29 billion; its shares traded for $74.21 Friday with a P/E ratio of 60.33 and P/S ratio of 1.16. Davita Healthcare Partners had an annual average earnings growth of 11.70% over the past 10 years. GuruFocus rated Davita Healthcare Partners the business predictability rank of 4.5-star.

DaVita Healthcare Partners recognized total revenues of $3.5 billion and net earnings of $34.5 million in its 2015 fourth-quarter financial results.

Senior Officer Christopher James Schnarr bought 25,000 shares in January. Director Pamela M. Arway and Group V.P., Purch. and Public Affairs Leanne M. Zumwalt sold 23,613 shares combined in February.

TE Connectivity: Chairman and CEO Thomas J. Lynch sold 87,958 shares

TE Connectivity Chairman and CEOÂ Thomas J. Lynch sold 87,958 shares on April 11 at an average price of $62.22. TE Connectivity has a market cap of $23.47 billion; its shares were traded for $63.48 Friday with a P/E ratio of 11.18 and P/S ratio of 2.15. The trailing 12-month dividend yield of TE Connectivity stocks is 2.08%. The forward dividend yield of TE Connectivity stocks is 2.08%. TE Connectivity had an annual average earnings growth of 2.90% over the past five years.

TE Connectivity announced its 2016 first-quarter results. It declared net sales of $2.8 billion and net income of $353 million.

Lynch has sold 405,900 shares since December. EVP and CFO Robert W. Hau sold 118,012 shares in November and February. President and Director Terrence R. Curtin, EVP and Chief Technology Officer Robert N. Shaddock, Sr. V.P. and Corporate Controller Robert J. Ott and President, Channel and Customer Exp. Joan Wainwright together sold 68,414 shares in November, February and March.

Ruckus Wireless: President, CEO Selina Y. Lo sold 82,600 shares

Ruckus Wireless President, CEO Selina Y. Lo sold 82,600 shares on April 7 at an average price of $13.69. Ruckus Wireless has a market cap of $1.21 billion; its shares were traded at $13.51 Friday with a P/E ratio of 270.20 and P/S ratio of 3.38.

Ruckus Wireless reported its 2015 full-year results with revenues of $373.4 million and net income of $4.7 million.

Lo sold 347,168 shares since January. CFO Seamus Hennessy sold 90,323 shares since January. Director Georges Antoun, V.P. Legal and General Counsel Scott R. Maples and COO Daniel A. Rabinovitsj together sold 42,015 shares in April.

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