Weekly CEO Sells Highlight: Tutor Perini Corp, Lattice Semiconductor Corp, Gilead Sciences Inc, SanDisk Corp, and Thoratec Corp.

Weekly CEO Sells Highlight: TPC, LSCC, GILD, SNDK, THOR

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Jun 13, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Tutor Perini Corp, Lattice Semiconductor Corp, Gilead Sciences Inc, SanDisk Corp, and Thoratec Corp.

Tutor Perini Corp. (TPC, Financial): Chairman & CEO, 10% Owner Ronald N Tutor sold 600,000 Shares

Chairman & CEO, 10% Owner of Tutor Perini Corp. (TPC) Ronald N Tutor sold 600,000 shares on 06/09/2010 at an average price of $16.68. Tutor Perini Corporation, formerly Perini Corporation, is a construction services company offering diversified general contracting, construction management and design/build services to private clients and public agencies throughout the world. Tutor Perini Corp. has a market cap of $843.6 million; its shares were traded at around $17.2 with a P/E ratio of 7.2 and P/S ratio of 0.2. Tutor Perini Corp. had an annual average earning growth of 17.9% over the past 10 years.

On May 06, Tutor Perini Corporation reported results for the first quarter ended March 31, 2010. Revenues was $865.1 Million; net income was $20.9 Million; diluted EPS was $0.42.

Chairman & CEO, 10% Owner Ronald N Tutor sold 600,000 shares of TPC stock on 06/09/2010 at the average price of 16.68, the price of the stock has increased by 3.12% since. 10% Owner N. Tutor Separate Prope Ronald and Executive Vice President Mark Caspers together sold 617,500 shares of TPC stock in May and June.

Lattice Semiconductor Corp. (LSCC, Financial): President & CEO Bruno Guilmart sold 382,133 Shares

President & CEO of Lattice Semiconductor Corp. (LSCC) Bruno Guilmart sold 382,133 shares on 06/03/2010 at an average price of $5. Lattice Semiconductor Corporation designs, develops and markets high performance programmable logic devices and related development system software. Lattice Semiconductor Corp. has a market cap of $521.8 million; its shares were traded at around $4.5 with a P/E ratio of 37.5 and P/S ratio of 2.6.

On April 22, Lattice Semiconductor announced financial results for the first quarter ended April 3, 2010. Revenue was $70.4 million, an increase of 28% compared to 4Q09 and up 63% compared to 1Q09. Net income was $0.10 per share, compared to net income of $0.05 per share in 4Q09 and a net loss of $0.05 per share in 1Q09. Company expects further sequential and year-over-year improvements in revenue and profitability.

President & CEO Bruno Guilmart sold 382,133 shares of LSCC stock on 06/03/2010 at the average price of 5, the price of the stock has decreased by 10% since. CFO Michael G Potter sold 6,250 shares of LSCC stock on 04/27/2010 at the average price of 5.7, the price of the stock has decreased by 21.05% since. Corp VP and General Counsel Byron Wayne Milstead sold 132,931 shares of LSCC stock in April and May.

Gilead Sciences Inc. (GILD, Financial): Chairman and CEO John C Martin sold 100,000 Shares

Chairman and CEO of Gilead Sciences Inc. (GILD) John C Martin sold 100,000 shares on 06/08/2010 at an average price of $33.71. Gilead Sciences, Inc. is an independent biopharmaceutical company that seeks to provide accelerated solutions for patients and the people who care for them. Gilead Sciences Inc. has a market cap of $30.73 billion; its shares were traded at around $34.53 with a P/E ratio of 10.5 and P/S ratio of 4.4.

On April 20, 2010 Gilead Sciences, Inc. announced its results of operations for the quarter ended March 31, 2010. Revenues was $2.09 Billion, and EPS was $0.99 per Share

Chairman and CEO John C Martin sold 500,000 shares of GILD stock in February, March, April, May, and June. Director Olsen Per Wold bought 12,800 shares of GILD stock on 05/04/2010 at the average price of 38.6, the price of the stock has decreased by 10.54% since. EVP, Corp & Med Affairs Gregg H Alton sold 10,500 shares of GILD stock in March, April, and May. EVP, R&D and CSO Norbert W Bischofberger sold 53,754 shares of GILD stock on 02/24/2010 at the average price of 47.49, the price of the stock has decreased by 27.29% since.

SanDisk Corp. (SNDK, Financial): Chairman & CEO Eliyahou Et Al Harari sold 100,000 Shares

Chairman & CEO of SanDisk Corp. (SNDK) Eliyahou Et Al Harari sold 100,000 shares on 06/02/2010 at an average price of $46.06. Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. Sandisk Corp. has a market cap of $10.26 billion; its shares were traded at around $44.6 with a P/E ratio of 14.8 and P/S ratio of 2.9.

On April 21, SanDisk Corporation announced results for the first quarter ended April 4, 2010. Total first quarter revenue was $1.1 billion and net income was $235 million.

Chairman & CEO Eliyahou Et Al Harari sold 275,000 shares of SNDK stock February, March, April, May, and June. Exec. VP, Administration, CFO Judy Bruner sold 75,000 shares of SNDK stock on 04/26/2010 at the average price of 44.19, the price of the stock has increased by 0.93% since. Director Dr James D Meindl and Michael E Marks together sold 23,838 shares of SNDK stock in April and May. President/COO Sanjay Mehrotra sold 88,334 shares of SNDK stock in May.

Thoratec Corp. (THOR, Financial): CEO Gerhard F Burbach sold 100,000 Shares

CEO of Thoratec Corp. (THOR) Gerhard F Burbach sold 100,000 shares on 06/03/2010 at an average price of $44.37. Thoratec Corp develops, manufactures and markets proprietary medical devices used for circulatory support, vascular graft, blood coagulation and skin incision applications. Thoratec Corp. has a market cap of $2.57 billion; its shares were traded at around $44.79 with a P/E ratio of 50.9 and P/S ratio of 6.9. Thoratec Corp. had an annual average earning growth of 24.7% over the past 10 years.

April 29, Thoratec Corporation reported revenues for the first quarter of 2010 increased 36 percent versus a year ago. For the quarter ended April 3, 2010, revenues were $121.6 million versus revenues of $89.5 million in the first quarter of 2009.

CEO Gerhard F Burbach sold 100,000 shares of THOR stock on 06/03/2010 at the average price of 44.37, the price of the stock has increased by 0.95% since. CFO & EVP David V Smith sold 30,000 shares of THOR stock on 06/03/2010 at the average price of 44.37, the price of the stock has increased by 0.95% since. Division President Lawrence Cohen, SVP and General Counsel David Aaron Lehman, and Directors J Daniel Cole, Neil F Dimick, and D Keith Grossman together sold 90,526 shares of THOR stock in May and June

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