Weekly CEO Sell Highlights: Sharps Compliance Corp., Black & Decker Corp., NVIDIA Corp., CenturyTel Inc., Steel Dynamics Inc.

Weekly CEO Sell Highlights: SMED, BDK, NVDA, CTL, STLD

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Dec 20, 2009
According to GuruFocus Insider Data, these are the largest CEO sells during the past week. Sharps Compliance Corp., Black & Decker Corp., NVIDIA Corp., CenturyTel Inc., Steel Dynamics Inc.

Sharps Compliance Corp. (SMED, Financial): Chairman, CEO & President, 10% Owner Burton J. Kunik sold 1,037,500 Shares

Chairman, CEO & President, 10% Owner of Sharps Compliance Corp (SMED) Burton J. Kunik sold 1,037,500 shares on 12/14/2009 at an average price of $9.16.

Headquartered in Houston, Texas, Sharps Compliance Corp. is a provider of disposal solutions for small quantity generators of medical waste. Sharps Compliance Corp has a market cap of $142.7 million; its shares were traded at around $10.51 with a P/E ratio of 19.4 and P/S ratio of 6.9.

On December 10, 2009, Sharps Compliance Corp. had announced that it has priced its underwritten public offering of 3,220,000 shares of its common stock, of which 500,000 shares will be sold by the Company and 2,720,000 shares will be sold by certain of its stockholders at a price of $9.75 per share.

Chairman, CEO & President, 10% Owner Burton J. Kunik sold 1,088,700 shares of SMED stock in December and September.

CFO David P. Tusa sold 66,517 shares of SMED stock in August, September, and December.

The Sr. VP of Sales & Marketing, Director, 10% Owner together, sold 1,402,500 shares of SMED stock all on 12/14/2009.

Black & Decker Corp. The (BDK, Financial): Chairman, President and CEO Nolan D. Archibald sold 677,000 Shares

Chairman, President and CEO of Black & Decker Corp. The (BDK) Nolan D. Archibald sold 677,000 shares on 12/17/2009 at an average price of $64.89.

The Black & Decker Corporation is a global marketer and manufacturer of products used in and around the home and for commercial applications. Black & Decker Corp. The has a market cap of $3.82 billion; its shares were traded at around $63.44 with a P/E ratio of 25.5 and P/S ratio of 0.6. The dividend yield of Black & Decker Corp. The stocks is 0.8%. Black & Decker Corp. The had an annual average earning growth of 7.7% over the past 10 years.

The Stanley Works announced recently that they have entered into a definitive merger agreement to create Stanley Black & Decker, an $8.4 billion global industrial leader in an all-stock transaction valued at approximately $4.5 billion.

BDK is in the portfolios of Gurus such John Rogers, Lee Ainslie, Bill Nygren, Brian Rogers, Charles Brandes, Kenneth Fisher.

Recently, Chairman, President and CEO, Nolan D. Archibald and other company insiders sold company’s shares.

NVIDIA Corp. (NVDA, Financial): President and CEO Jen Hsun Huang sold 520,950 Shares

President and CEO of NVIDIA Corp. (NVDA) Jen Hsun Huang sold 520,950 shares on 12/18/2009 at an average price of $16.81.

NVIDIA Corporation designs, develops and markets a `top-to-bottom` family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corp. has a market cap of $9.21 billion; its shares were traded at around $16.82 with and P/S ratio of 2.7. Nvidia Corp. had an annual average earning growth of 72.3% over the past 5 years.

NVIDIA Corporation recently introduced the NVIDIA DualTV tuner, the first TV tuner for PCs to offer two TV tuners on a single card with comprehensive personal video recording functionality, unique MediaSqueeze™ disk space saving technology, and support for the Microsoft® Windows® XP Media Center Edition (MCE) operating system.

NVDA is in the portfolios of Richard Aster Jr, Bruce Kovner, Chuck Royce, Jean-Marie Eveillard, Paul Tudor Jones, Kenneth Fisher, and Jeremy Grantham.

President and CEO Jen Hsun Huang, EVP, Gen. Counsel, Secretary David M Shannon sold company’s shares recently.

CenturyTel Inc. (CTL, Financial): 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 communications company engaged primarily in providing local exchange telephone services and wireless telephone communications services.. CenturyTel Inc. has a market cap of $10.44 billion; its shares were traded at around $35.09 with a P/E ratio of 10.2 and P/S ratio of 4. The dividend yield of CenturyTel Inc. stocks is 7.9%. 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, George Soros, Jeremy Grantham, David Dreman, and Chuck Royce.

CEO and President Glen F. Post III, Ex. VP & CFO Stewart R. Ewing Jr., among other company insiders sold company’s shares.

Steel Dynamics Inc. (STLD, Financial): Chairman and CEO Keith E. Busse sold 821,996 Shares

Chairman and CEO of Steel Dynamics Inc. (STLD) Keith E. Busse sold 821,996 shares during the past week at an average price of $18.21.

Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics Inc. has a market cap of $3.75 billion; its shares were traded at around $17.37 with and P/S ratio of 0.5. The dividend yield of Steel Dynamics Inc. stocks is 1.7%. Steel Dynamics Inc. had an annual average earning growth of 31.9% over the past 10 years. GuruFocus rated Steel Dynamics Inc. the business predictability rank of 2.5-star.

Steel Dynamics Inc. recently announced earnings guidance for the fourth quarter to be in the range of $0.10 to $0.20 per diluted share. In comparison, the company reported net losses of ($0.45) per diluted share in the fourth quarter of 2008 and net income of $0.30 per diluted share in the third quarter of 2009.

STLD is in the portfolios of Paul Tudor Jones, John Hussman, Bruce Kovner, John Buckingham, Chuck Royce, Kenneth Fisher.

Chairman and CEO Keith E. Busse and John C Bates sold company’s stock lately.

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