Weekly CEO Sells Highlight: Biogen Idec Inc, American Financial Group, NVIDIA Corp., Marriott International, The Walt Disney Company

Weekly CEO Sells Highlight: BIIB, AFG, NVDA, MAR, DIS

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Mar 29, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week.


Biogen Idec Inc (BIIB, Financial): CEO & President James C Mullen sold 440,500 Shares

CEO & President of Biogen Idec Inc (BIIB) James C Mullen sold 440,500 shares on 03/22/2010 at an average price of $59.97. Biogen Idec Inc. is a biopharmaceutical company engaged primarily in the research, development and commercialization of targeted therapies for the treatment of cancer and autoimmune and inflammatory diseases. Biogen Idec Inc has a market cap of $15.68 billion; its shares were traded at around $58.15 with a P/E ratio of 14.5 and P/S ratio of 3.6.


On February 9, 2010, Biogen Idec announced its full year results. Its total revenues in 2009 were $4.4 billion, an increase of 7% versus that of 2008.


Together with this sell, CEO & President James C Mullen sold 587,537 shares of BIIB stock in March and December. SVP, Chief Accounting Officer Michael F Maclean sold about 5,400 shares of BIIB stock in March and January. EVP, HR, Public Affairs & Comm Craig Eric Schneier sold about 10,800 shares of BIIB stock in March and February. COO Robert A Hamm sold 6,600 shares of BIIB stock on 02/18/2010 at the average price of 56.16, the price of the stock has increased by 3.54% since.


American Financial Group Inc. (AFG, Financial): Co-CEO & Co-President S Craig Lindner sold 200,000 Shares

Co-CEO & Co-President of American Financial Group Inc. (AFG) S Craig Lindner sold 200,000 shares on 03/23/2010 at an average price of $28.15. American Financial Group is a holding company which, through its subsidiaries, is engaged primarily in private passenger automobile and specialty property and casualty insurance businesses and in the sale of tax-deferred annuities and certain life and supplemental health insurance products. American Financial Group Inc. has a market cap of $3.19 billion; its shares were traded at around $28.46 with a P/E ratio of 6.7 and P/S ratio of 0.7. The dividend yield of American Financial Group Inc. stocks is 2%. American Financial Group Inc. had an annual average earning growth of 20.5% over the past 10 years.


On February 9, 2010, American Financial Group, Inc. (AFG) reported record 2009 fourth quarter net earnings attributable to shareholders of $161 million ($1.38 per share), compared to $39 million ($.32 per share) reported in the 2008 fourth quarter.


Together with this sell, Co-CEO & Co-President S Craig Lindner sold 450,000 shares of AFG stock in March, February, and December. Sr. Vice President Keith A Jensen, Sr. V.P. - Taxes Thomas E Mischell and Director Terry S Jacobs together sold 67,598 shares of AFG stock in March and February.


NVIDIA Corp. (NVDA, Financial): President and CEO Jen Hsun Huang sold 150,000 Shares

President and CEO of NVIDIA Corp. (NVDA) Jen Hsun Huang sold 150,000 shares on 03/19/2010 at an average price of $17.33. NVIDIA Corporation designs, develops and markets 3D graphics processors, graphics processing units and related software, and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corp. has a market cap of $9.62 billion; its shares were traded at around $17.34 with a P/E ratio of 578 and P/S ratio of 2.9.


Together with this sell, President and CEO Jen Hsun Huang sold 1,732,611 shares of NVDA stock from December to March. Director A Brooke Seawell and William J Miller together sold 197,502 shares of NVDA stock in March. EVP, Gen. Counsel, Secretary David M Shannon sold 12,570 shares of NVDA stock in January and February.


Marriott International Inc. (MAR, Financial): Chairman & CEO, 10% Owner J W Jr Marriott sold 125,000 Shares

Chairman & CEO, 10% Owner of Marriott International Inc. (MAR) J W Jr Marriott sold 125,000 shares on 03/25/2010 at an average price of $30.54. Marriott International, Inc. operates and franchises hotels under the Marriott, JW Marriott, The Ritz-Carlton, Renaissance, Residence Inn, Courtyard, TownePlace Suites, Fairfield Inn, SpringHill Suites and Ramada International brand names. Marriott International Inc. has a market cap of $11.15 billion; its shares were traded at around $31.09 with a P/E ratio of 33.2 and P/S ratio of 1. The dividend yield of Marriott International Inc. stocks is 0.5%.


On March 16, Marriott International, Inc. announced that they will conduct its 2010 first quarter earnings review for the investment community and news media on Thursday, April 22, 2010 at 10 a.m. Eastern Time (ET). The results will be issued prior to the opening of the New York Stock Exchange on that day.


Together with this sell, Chairman & CEO, 10% Owner J W Jr Marriott sold 276,350 shares of MAR stock in December and March. Vice Chairman of the Company William Joseph Shaw, Pres & Mgr. Dir MI Lodg. Intl Edwin D Fuller, and 10% Owner Richard E Marriott together sold 165,936 shares of MAR stock in March. 13D Group Owning more than 10% Stephen G Marriott sold about 51,800 shares of MAR stock in March.


The Walt Disney Company (DIS, Financial): President and CEO Robert A Iger sold 550,000 Shares

President and CEO of The Walt Disney Company Disney (DIS) Robert A Iger sold 550,000 shares during the past week at an average price of $34. Walt Disney Company owns 100% of Disney Enterprises, Inc. The Walt Disney Company Disney has a market cap of $68.48 billion; its shares were traded at around $35.31 with a P/E ratio of 18.8 and P/S ratio of 1.8. The dividend yield of The Walt Disney Company Disney stocks is 1%. The Walt Disney Company Disney had an annual average earning growth of 11.2% over the past 10 years.


On March 10, shareholders of The Walt Disney Company elected 13 members of the Board of Directors and supported Board recommendations on the Company's auditor, its stock incentive plan and amendments to its Restated Certificate of Incorporation, based on preliminary results.


Together with this sell, President and CEO Robert A Iger sold 1,750,000 shares of DIS stock from January to March. SVP, Planning and Control Brent Woodford sold 28,000 shares of DIS stock on 03/25/2010 at the average price of 35, the price of the stock has increased by 0.89% since. EVP-Corp Fin. & RE & Treasurer Christine M Mccarthy sold 22,500 shares of DIS stock on 03/18/2010. SVP, Planning and Control Brent Woodford sold 14,500 shares of DIS stock in March.


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