Weekly CEO Sells Highlight: ALSK, MRO, SKS, and HAL

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Mar 12, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Alaska Communications Systems Group Inc, MARATHON OIL Corp, SAKS Inc, and HALLIBURTON COMPANY

MARATHON OIL Corp. (MRO, Financial): President and CEO Clarence P Jr Cazalot sold 269,712 Shares

President and CEO of MARATHON OIL Corp. (MRO) Clarence P Jr Cazalot sold 269,712 shares on 03/04/2011 at an average price of $51.61. Marathon Oil Corporation is an energy company engaged in the worldwide exploration, production and transportation of crude oil and natural gas. Marathon Oil Corp. has a market cap of $35.63 billion; its shares were traded at around $50.17 with a P/E ratio of 13.7 and P/S ratio of 0.5. The dividend yield of Marathon Oil Corp. stocks is 1.8%. Marathon Oil Corp. had an annual average earnings growth of 11.3% over the past 10 years. GuruFocus rated Marathon Oil Corp. the business predictability rank of 3-star.

MARATHON OIL Corp. reported fourth quarter 2010 results. The Company reported net income of $706 million and revenues of $20.2 billion.

President and CEO Clarence P Cazalot sold 269,712 shares of MRO stock on 03/04/2011. Executive V.P. and CFO Janet F Clark sold 65,473 shares of MRO stock on 02/28/2011.V.P., Finance and Treasurer Paul C Reinbolt, Executive V. P. - Downstream Gary R Heminger, and President, Public Policy Eileen M Campbell sold 86,974 shares of MRO stock in February.

SAKS Inc. (SKS, Financial): Chairman & CEO Stephen I Sadove sold 262,500 Shares

Chairman & CEO of SAKS Inc. (SKS) Stephen I Sadove sold 262,500 shares on 03/04/2011 at an average price of $11.94. Saks, Inc. is a national retailer currently operating stores throughout numerous states under the following names: Saks Fifth Avenue, Parisian, Proffitt's, McRae's, Younkers, Herberger's, Carson Pirie Scott), Bergner's, Boston Store, and Off 5th. Saks Inc. has a market cap of $2.04 billion; its shares were traded at around $12.68 with a P/E ratio of 70.5 and P/S ratio of 0.7.

SAKS Inc. reported fourth quarter results. The Company reported net income of $25.0 million and revenues of $866.3 million.

Chairman & CEO Stephen Sadove sold 757,058 shares of SKS stock in November and March.EVP & CFO Kevin Wills sold 63,162 shares of SKS stock in November and March.EVP Robert Wallstrom, EVP Human Resources Christine Morena, and EVP and Chief Strategy Marc Metrick sold 45,458 shares of SKS stock in March.

HALLIBURTON COMPANY (HAL, Financial): Chairman, Pres. and CEO David J Lesar sold 250,169 Shares

Chairman, Pres. and CEO of HALLIBURTON COMPANY (HAL) David J Lesar sold 250,169 shares on 03/08/2011 at an average price of $45.76. Halliburton Company provides a variety of services, equipment, maintenance, and engineering and construction to energy, industrial and governmental customers. Halliburton Company has a market cap of $40.61 billion; its shares were traded at around $44.46 with a P/E ratio of 21.6 and P/S ratio of 2.3. The dividend yield of Halliburton Company stocks is 0.8%. Halliburton Company had an annual average earnings growth of 1.2% over the past 5 years.

Net income for the fourth quarter of 2010 was $605 million, and revenues were $3.0 billion.

Chairman, Pres. and CEO David J Lesar sold 377,531 shares of HAL stock in October, November, December, and March. EVP - CFO Mark A Mccollum sold 65,932 shares of HAL stock on 03/08/2011 at the average price of 45.81. Pres- Strategy & Corp Develop Timothy J Probert, EVP and General Counsel Albert O Cornelison, and Vice Pres. & Treasurer Craig W Nunez sold 99,373 shares of HAL stock in February and March.President - Western Hemisphere James S Brown sold 53,835 shares of HAL stock in February.

Alaska Communications Systems Group Inc. (ALSK, Financial): CEO and President Liane J Pelletier sold 231,944 Shares

CEO and President of Alaska Communications Systems Group Inc. (ALSK) Liane J Pelletier sold 231,944 shares on 03/08/2011 at an average price of $10.16. ALASKA COMM SYS is engaged principally in providing local telephone, wireless, and inter-exchange network and data services to its customers in the State of Alaska through its telecommunications subsidiaries. Alaska Communications Systems Group Inc. has a market cap of $453.5 million; its shares were traded at around $10.14 with a P/E ratio of 56.3 and P/S ratio of 1.3. The dividend yield of Alaska Communications Systems Group Inc. stocks is 8.5%.

The Company reported revenues of $84.8 million and net income (loss) of $1.3 million for their 2010 fourth quarter results.

CEO and President Liane J Pelletier sold 231,944 shares of ALSK stock on 03/08/2011 at the average price of 10.16. Exec. VP and CFO David Wilson sold 6,000 shares of ALSK stock on 03/02/2011 at the average price of 9.95.

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