Weekly CEO Sells Highlight: Achillion Pharmaceuticals Inc, Monster Beverage Corp, CarMax Inc, and Imax Corp

Author's Avatar
Jan 24, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Achillion Pharmaceuticals Inc, Monster Beverage Corp, CarMax Inc, and Imax Corp

Achillion Pharmaceuticals Inc. (ACHN, Financial): CEO and President Michael D Kishbauch sold 198,306 Shares

CEO and President of Achillion Pharmaceuticals Inc. (ACHN) Michael D Kishbauch sold 198,306 shares on 01/13/2012 at an average price of $12.63. ACHILLION PHARMACEUTICALS, INC. is an innovative pharmaceutical company dedicated to bringing important new treatments to patients with infectious disease. Achillion Pharmaceuticals Inc. has a market cap of $740.68 million; its shares were traded at around $9.47 with and P/S ratio of 304.06.

Achillion Pharmaceuticals Inc. reported their 2011 third quarter results. The Company reported revenue of $64 thousand and net loss of $10.4 million.

CEO and President Michael D Kishbauch sold 297,415 shares of ACHN stock in January. SVP and CFO Mary Kay Fenton sold 10,625 shares of ACHN stock on 01/10/2012 at the average price of 12. The price of the stock has decreased by 21.08% since. Director Dennis Liotta bought 15,000 shares of ACHN stock in August and November. SVP and Chief Compliance Ofc. Gautam Shah and SVP and CMO Elizabeth A Olek sold 48,636 shares of ACHN stock in December and January.

Monster Beverage Corp. (MNST, Financial): Chairman and CEO Rodney C Sacks sold 187,109 Shares

Chairman and CEO of Monster Beverage Corp. (MNST) Rodney C Sacks sold 187,109 shares on 01/17/2012 at an average price of $100.53. Hansen Natural Corporation is a holding company and carries on no operating business except through its direct wholly-owned subsidiaries, Hansen Beverage Company and Hard e Beverage Company. Monster Beverage Corp. has a market cap of $8.79 billion; its shares were traded at around $104.52 with a P/E ratio of 34.81 and P/S ratio of 6.74. Monster Beverage Corp. had an annual average earnings growth of 64.7% over the past 10 years.

Monster Beverage Corp, whose name was originally Hansen Natural, reported revenue of $474.7 million and announced net income of $82.4 million in their 2011 third quarter results.

Chairman and CEO Rodney C Sacks sold 515,442 shares of MNST stock in August, September, December and January. Director Sydney Selati bought 33 shares of MNST stock on 08/19/2011 at the average price of 79.75. Vice Chairman and President Hilton H Schlosberg sold 352,430 shares of MNST stock in September, December and January.

CarMax Inc. (KMX, Financial): President & CEO Thomas J Folliard sold 165,000 Shares

President & CEO of CarMax Inc. (KMX) Thomas J Folliard sold 165,000 shares on 01/19/2012 at an average price of $33.22. CarMax Group is a subsidiary of Circuit City Stores, Inc. Carmax Inc. has a market cap of $7.53 billion; its shares were traded at around $32.45 with a P/E ratio of 18.68 and P/S ratio of 0.84. Carmax Inc. had an annual average earnings growth of 5.4% over the past 10 years.

CarMax Inc. reported their 2011 third quarter results ended November 30, 2011. The Company reported net sales and operating revenues of $2.26 billion and net income of $82.8 million, or $0.36 per diluted share.

President & CEO Thomas J Folliard sold 165,000 shares of KMX stock on 01/19/2012 at the average price of 33.22. Director Thomas Stemberg, Director Ronald E Blaylock and SVP, Stores William C Jr. Wood sold 64,703 shares of KMX stock in December and January.

Imax Corp. (IMAX, Financial): CEO Richard L Gelfond sold 163,185 Shares

CEO of Imax Corp. (IMAX) Richard L Gelfond sold 163,185 shares on 01/19/2012 at an average price of $20.81. Imax Corporation is an entertainment technology company, with particular emphasis on film and digital imaging technologies including giant-screen images, 3D presentations, post-production and digital projection. Imax Corp. has a market cap of $1.42 billion; its shares were traded at around $21.44 with a P/E ratio of 91 and P/S ratio of 5.7.

Imax Corp. reported their 2011 third quarter results. The Company reported net sales of $67.5 million and net income of $8.4 million.

CEO Richard L Gelfond sold 340,000 shares of IMAX stock in December and January. Director Bradley J Wechsler and Chairman&Pres Filmed Entertain Greg Foster sold 194,000 shares of IMAX stock in November and January.

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