Weekly CEO Sells Highlight: Verisk Analytics, Photronics Inc, Higher One Holdings, and MYR Group Inc.

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Jul 24, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Verisk Analytics, Photronics Inc, Higher One Holdings, and MYR Group Inc. Verisk Analytics Inc. (VRSK, Financial): Chairman and CEO Frank J Coyne sold 100,000 Shares

Chairman and CEO of Verisk Analytics Inc. (VRSK) Frank J Coyne sold 100,000 shares on 07/20/2011 at an average price of $33.28. Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources. Verisk Analytics Inc. has a market cap of $5.11 billion; its shares were traded at around $33.51 with a P/E ratio of 22.7 and P/S ratio of 4.5.

Total revenues increased 13.3% for the first quarter of 2011 and net income was $65.9 million for Verisk Analytics Inc.

Chairman and CEO Frank J Coyne sold 450,000 shares of VRSK stock in May, June and July. SVP - AISG Vincent Cialdella sold 30,000 shares of VRSK stock in June and July. President and COO Scott G Stephenson sold 165,624 shares of VRSK stock in June and July.

Photronics Inc. (PLAB, Financial): CEO & President Constantine S Macricostas sold 100,000 Shares

CEO & President of Photronics Inc. (PLAB) Constantine S Macricostas sold 100,000 shares on 07/20/2011 at an average price of $8.01. Photronics is a worldwide manufacturer of photomasks. Photronics Inc. has a market cap of $511.5 million; its shares were traded at around $8.7 with a P/E ratio of 12.3 and P/S ratio of 1.2.

Photronics Inc. reported their 2011 second quarter results with net sales of $133.3 million and EBITDA was $44.6 million.

CEO & President Constantine S Macricostas sold 100,000 shares of PLAB stock on 07/20/2011.Senior Vice President & CFO Sean T Smith sold 10,000 shares of PLAB stock on 06/30/2011. VP,Chief Technology Officer Christopher J Progler, VP, General Counsel & Secy Richelle E Burr, and Senior VP, U.S. & Europe Peter S Kirlin sold 44,937 shares of PLAB stock in June and July.

Higher One Holdings (ONE, Financial): CEO Dean Hatton sold 89,500 Shares

CEO of Higher One Holdings (ONE) Dean Hatton sold 89,500 shares on 07/14/2011 at an average price of $19.8. Higher One Inc. is engaged in providing technology and payment services to the higher education industry. Higher One Holdings has a market cap of $1.18 billion; its shares were traded at around $20.99 with a P/E ratio of 42.8 and P/S ratio of 8.2.

Higher One Holdings reported that their revenues for the 2011 first quarter was $51.4 million. Net income for the quarter was 48.3 million.

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CEO Dean Hatton sold 327,270 shares of ONE stock in May, June, and July. Chairman and CFO Mark Volchek sold 30,000 shares of ONE stock on 06/13/2011. COO Miles Lasater sold 80,123 shares of ONE stock in July.Chief Service Officer Casey Mcguane sold 45,133 shares of ONE stock in July. Chief Sales Officer Robert F Reach sold 17,887 shares of ONE stock on 07/13/2011.

MYR Group Inc. (MYRG, Financial): Chairman, President and CEO William A Koertner sold 75,000 Shares

Chairman, President and CEO of MYR Group Inc. (MYRG) William A Koertner sold 75,000 shares on 07/13/2011 at an average price of $24.49. MYR GROUP INC. is a holding Company of specialty construction service providers. Myr Group Inc. has a market cap of $528 million; its shares were traded at around $26.23 with a P/E ratio of 30.9 and P/S ratio of 0.8.

Revenues for MYR Group Inc. were announced as $ 150.3 million for their 2011 first quarter results. Their diluted earnings per share (EPS) were announced as $0.21.

Chairman, President and CEO William A Koertner sold 100,000 shares of MYRG stock in June and July. CFO, VP and Treasurer Marco A. Martinez sold 25,000 shares of MYRG stock on 07/20/2011. Group VP John A. Fluss sold 58,770 shares of MYRG stock in July.

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