Weekly CEO Sells Highlight: THRX, BAS, QSFT, and ANF

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Feb 27, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: ABERCROMBIE & FITCH CO, Theravance Inc, BASIS ENERGY SERVICES INC, and Quest Software Inc.

Theravance Inc. (THRX, Financial): CEO Rick E Winningham sold 266,400 Shares

CEO of Theravance Inc. (THRX) Rick E Winningham sold 266,400 shares on 02/23/2011 at an average price of $21.35. Theravance Inc is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $1.69 billion; its shares were traded at around $22.84 with and P/S ratio of 69.7.

Theravance Inc. reported their fourth quarter 2010 results. The Company reported revenues of $24.2 million and net loss of $19.3 million.

CEO Rick E Winningham sold 266,400 shares of THRX stock on 02/23/2011 at the average price of 21.35. Sr VP, CFO Michael W Aguiar sold 10,000 shares of THRX stock on 12/03/2010 at the average price of 26.51. 10% Owner Plc Glaxosmithkline bought 5,902,278 shares of THRX stock in November and February.SVP, Research & Early Clin Dev Mathai Mammen sold 3,701 shares of THRX stock on 02/18/2011. Director William D Young sold 10,753 shares of THRX stock in December and February.

BASIS ENERGY SERVICES INC. (BAS, Financial): President and CEO Kenneth V Huseman sold 200,000 Shares

President and CEO of BASIS ENERGY SERVICES INC. (BAS) Kenneth V Huseman sold 200,000 shares during the past week at an average price of $18.73. Basic Energy Services provides a range of services to America's oil and gas producers. Basis Energy Services Inc. has a market cap of $798.4 million; its shares were traded at around $19.35 with and P/S ratio of 1.1.

Basis Energy Services Inc. reported their 2010 fourth quarter results. The Company reported revenue of $212.9 million and net loss of $2.0 million.

President and CEO Kenneth V Huseman sold 200,000 shares of BAS stock in February.

Quest Software Inc. (QSFT, Financial): President and CEO Douglas F Garn sold 106,664 Shares

President and CEO of Quest Software Inc. (QSFT) Douglas F Garn sold 106,664 shares on 02/22/2011 at an average price of $26.39. Quest Software Inc. provides application and information availability software solutions that enhance the performance and reliability of an organization's e-business, enterprise and custom applications and enable the delivery of information across the entire enterprise. Quest Software Inc. has a market cap of $2.36 billion; its shares were traded at around $26.68 with a P/E ratio of 22.6 and P/S ratio of 3. Quest Software Inc. had an annual average earning growth of 28.9% over the past 10 years. GuruFocus rated Quest Software Inc. the business predictability rank of 2.5-star.

Quest Software Inc. reported their 2010 quarter results. The Company reported revenue of $216.8 million.

President and CEO Douglas F Garn sold 535,664 shares of QSFT stock in November, December, and February. Senior Vice President and CFO Scott Davidson sold 45,700 shares of QSFT stock in November and December. Executive Chairman, 10% Owner Vincent C Smith sold 23,800 shares of QSFT stock in January and February.

ABERCROMBIE & FITCH CO. (ANF, Financial): Chairman and CEO Michael S Jeffries sold 100,000 Shares

Chairman and CEO of ABERCROMBIE & FITCH CO. (ANF) Michael S Jeffries sold 100,000 shares on 02/23/2011 at an average price of $55.53. Abercrombie & Fitch Co. is principally engaged in the purchase, distribution and sale of men's, women's and kids' casual apparel. Abercrombie & Fitch Co. has a market cap of $4.98 billion; its shares were traded at around $56.81 with a P/E ratio of 27.7 and P/S ratio of 1.4. The dividend yield of Abercrombie & Fitch Co. stocks is 1.2%. Abercrombie & Fitch Co. had an annual average earning growth of 3.7% over the past 10 years.

ABERCROMBIE & FITCH CO. reported their fourth quarter 2010 results. The Company reported revenues of $1.149 billion and net loss of $92.6 million.

Chairman and CEO Michael S Jeffries sold 500,000 shares of ANF stock in October, November, December, January, and February. EVP of Sourcing Diane Chang sold 6,247 shares of ANF stock on 11/19/2010 at the average price of 47.54.

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