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Weekly CEO Sell Highlights: China Green Agriculture, Inc., CenturyTel Inc., Brigham Exploration Company, Knology Inc., Stericycle Inc., Northern Technologies International Corp.

December 13, 2009 | About:
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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: China Green Agriculture, Inc., CenturyTel Inc., Brigham Exploration Company, Knology Inc., Stericycle Inc., Northern Technologies International Corp.

China Green Agriculture, Inc. (CGA): President, CEO and Chairman, 10% Owner Tao Li sold 388,030 Shares

President, CEO and Chairman, 10% Owner of China Green Agriculture, Inc. (CGA) Tao Li sold 388,030 shares during the past week at an average price of $17.67.

China Green Agriculture, Inc. produces and distributes humic acid organic liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd.,. China Green Agriculture, Inc. has a market cap of $410.5 million; its shares were traded at around $17.13 with a P/E ratio of 20.6 and P/S ratio of 11.7.

China Green Agriculture has entered into definitive agreements to sell 1,282,052 shares of its common stock at a price per share of $15.60 pursuant to a registered direct offering to several select institutional investors, representing gross proceeds of approximately $20 million.

In total, President and CEO, 10% Owner Tao Li sold 788,030 shares of stock since September.

CenturyTel Inc. (CTL): CEO and President Glen F. Post III sold 320,000 Shares

CEO and President of CenturyTel Inc. (CTL) Glen F. Post III sold 320,000 shares on 12/10/2009 at an average price of $36.14.

CenturyTel, Inc. is a regional diversified communications company engaged primarily in providing local exchange telephone services and wireless telephone communications services. Centurytel Inc. has a market cap of $10.95 billion; its shares were traded at around $36.82 with a P/E ratio of 10.8 and P/S ratio of 4.2. The dividend yield of Centurytel Inc. stocks is 7.5%. Centurytel Inc. had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Centurytel Inc. the business predictability rank of 5-star.

CenturyTel, Inc. and EMBARQ recently announced that CenturyTel's pending acquisition of EMBARQ has received approval from the California Public Utilities Commission, the Oregon Public Utility Commission and the Virginia State Corporation Commission. With these approvals, only two of the 33 states in which the two companies provide local service are still in the process of approving the merger.

CTL is in the portfolios of Louis Moore Bacon of Moore Capital Management, LP, George Soros of Soros Fund Management LLC, Jeremy Grantham of GMO LLC, David Dreman of Dreman Value Management, Chuck Royce of ROYCE & ASSOCIATES.

The CEO and President, VP & CFO, etc. also sold shares in December.

Brigham Exploration Company (BEXP): President and CEO Ben M. Brigham sold 304,400 Shares

President and CEO of Brigham Exploration Company (BEXP) Ben M. Brigham sold 304,400 shares on 12/03/2009 at an average price of $11.31.

Brigham Exploration Co. is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore oil and natural gas provinces in the United States. Brigham Exploration Company has a market cap of $1.1 billion; its shares were traded at around $11.13 with and P/S ratio of 8.7. Brigham Exploration Company had an annual average earning growth of 11.7% over the past 5 years.

Recently, Brigham Exploration Co. (BEXP) reported a steep fall in third quarter earnings hurt by a 36% decline in oil and gas revenues due to significantly lower commodity prices, partially offset by higher production volumes.

BEXP is in the portfolios of George Soros of Soros Fund Management LLC. CEO, CFO, and a few other officers and directors also sold shares in November and December.

Knology Inc. (KNOL): CEO Rodger L. Johnson sold 375,000 Shares

CEO of Knology Inc. (KNOL) Rodger L. Johnson sold 375,000 shares during the past week at an average price of $10.05.

Knology is a facilities-based provider of bundled broadband communications services to residential and business customers in the southeastern United States. Knology Inc. has a market cap of $387.6 million; its shares were traded at around $10.74 with a P/E ratio of 89.4 and P/S ratio of 0.9.

Recently The company reported significant growth in both residential and business connections that contributed to a 3.3% increase in revenue for the quarter. Knology experienced growth in all three of their service offerings (data, video and voice) and a decrease in the amount of customer turnover (churn).

President Michael Todd Holt sold 36,592 shares of KNOL stock also in the past week. VP, Gen Counsel and Secretary Chad S. Wachter sold 30,000 also during the past week.Executive VP, Operations Bret T. Mccants sold 25,000 shares of KNOL stock on 12/07/2009 at the average price of 10.09, the price of the stock has increased by 6.44% since.

Stericycle Inc. (SRCL): Chairman, President & CEO Mark C. Miller sold 261,417 Shares

Chairman, President & CEO of Stericycle Inc. (SRCL) Mark C. Miller sold 261,417 shares on 12/09/2009 at an average price of $57.72.

Stericycle, Inc. is a multi-regional integrated company employing proprietary technology to provide environmentally-responsible management of regulated medical waste for the health care industry. The Company is the second-largest provider of regulated medical waste management services in the United States. Stericycle Inc. has a market cap of $4.82 billion; its shares were traded at around $57.24 with a P/E ratio of 28.8 and P/S ratio of 4.5. Stericycle Inc. had an annual average earning growth of 41.8% over the past 10 years. GuruFocus rated Stericycle Inc. the business predictability rank of 3.5-star.

Recently, Stericycle, Inc. announced that it had completed its pending acquisition of MedServe, Inc., which is now a wholly-owned subsidiary of Stericycle’s.

SRCL is in the portfolios of Ron Baron of Baron Funds, Bruce Kovner of Caxton Associates, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

Chairman, President & CEO Mark C Miller sold 261,417 shares of SRCL stock on 12/09/2009. CFO Brink Frank Jm Ten sold 17,500 shares of SRCL stock on 12/01/2009 and 07/31/2009.

Director Rodney F Dammeyer bought 10,000 shares of SRCL stock on August, September, and October.

Northern Technologies International Corp. (NTIC): President and CEO, 10% Owner G. Patrick Lynch sold 202,400 Shares President and CEO, 10% Owner of Northern Technologies International Corp. (NTIC) Patrick G. Lynch sold 202,400 shares on 12/04/2009 at an average price of $7.5.

Northern Technologies International Corporation (NTIC) develops and markets proprietary environmentally beneficial products and technical services either directly or via a network of joint ventures and independent distributors in over fifty countries. Northern Technologies International Corp has a market cap of $34.1 million; its shares were traded at around $8.05 with and P/S ratio of 4.

Recently, NTIC reported it quarterly results. NTIC's operating results for fiscal 2009 were adversely affected by worldwide economic conditions, particularly adverse conditions affecting the worldwide automobile industry, which historically has been one of the primary markets for NTIC's ZERUST rust and corrosion inhibiting products. Cost reduction measures during its second quarter of fiscal 2009, which resulted in a 30% reduction in overall operating expenses and joint venture support expenses compared to fiscal 2008. NTIC incurred a net loss of $(3,344,976), or $(0.89) per diluted common share, for fiscal 2009 compared to net income of $2,553,956, or $0.68 per diluted common share, for fiscal 2008.

President and CEO, 10% Owner G Patrick Lynch sold 202,400 shares of NTIC stock on 12/04/2009.10% Owner Alia Holding Co Intersold 202,400 shares of NTIC stock on 12/04/2009.

For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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