Weekly CEO Sells Highlight: First PacTrust Bancorp, Chico's FAS, Western Refining, and Illinois Tool Works

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Aug 28, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: First PacTrust Bancorp Inc., Chico's FAS Inc., Western Refining Inc. and Illinois Tool Works Inc.

First PacTrust Bancorp Inc. (BANC, Financial): Co-CEO Steven Sugarman sold 417,827 Shares

Co-CEO of First PacTrust Bancorp Inc. (BANC) Steven Sugarman sold 417,827 shares on 08/22/2012 at an average price of $12. First PacTrust Bancorp Inc. is a bank holding company with headquarters in Chula Vista, Calif. First Pactrust Bancorp, Inc. has a market cap of $128.05 million; its shares were traded at around $12.08 with and P/S ratio of 3.19. The dividend yield of First Pactrust Bancorp Inc. stocks is 3.97%.

First PacTrust Bancorp Inc. reported net loss of $0.7 million in the quarter ended June 30, 2012.

Co-CEO Steven Sugarman sold 417,827 shares of BANC stock on 08/22/2012 at the average price of 12.

Chico's FAS Inc. (CHS, Financial): President and CEO David Dyer sold 400,002 Shares

President and CEO of Chico's FAS Inc. (CHS) David Dyer sold 400,002 shares on 08/23/2012 at an average price of $18.08. CHICO'S FAS INC. is a specialty retailer of exclusively designed, private label casual clothing and related accessories. Chico's FAS Inc. has a market cap of $3.11 billion; its shares were traded at around $18.52 with a P/E ratio of 19.09 and P/S ratio of 1.41. The dividend yield of Chico's FAS Inc. stocks is 1.13%. Chico's FAS Inc. had an annual average earnings growth of 9.2% over the past 10 years.

For the second quarter of 2012, Chico’s FAS Inc. reported net income of $53.4 million and revenue of $641.7 million.

President and CEO David Dyer sold 400,002 shares of CHS stock on 08/23/2012 at the average price of 18.08. Director Betsy S. Atkins, Executive Vice President and General Counsel A. Alexander Rhodes, Executive Vice President and Chief Human Resources Officer Sara K. Stensrud, Director Ross E. Roeder, and Brand President WH|BM Colaco Donna Noce sold 60,668 shares of CHS stock in March and August.

Western Refining Inc. (WNR, Financial): President and CEO Jeff A. Stevens sold 394,134 Shares

President and CEO of Western Refining Inc. (WNR) Jeff A. Stevens sold 394,134 shares during the past week at an average price of $27.13. Western Refining Inc. is an independent crude oil refiner and marketer of refined products headquartered in El Paso, Texas, and operates primarily in the Southwestern region of the U.S., including Arizona, New Mexico and West Texas. Western Refining Inc. has a market cap of $2.38 billion; its shares were traded at around $26.2 with a P/E ratio of 5.76 and P/S ratio of 0.26. The dividend yield of Western Refining Inc. stocks is 1.22%.

Western Refining reported their 2012 second quarter net income of $205.0 million and revenues of $2.5 billion.

President and CEO Jeff A. Stevens sold 398,094 shares of WNR stock in March, June and August. CFO Gary R. Dalke sold 68,807 shares of WNR stock in June, July and August. Vice President and Assistant Treasurer Scott D. Weaver, Chairman of BOD, Executive Chair and 10% Owner Paul L. Foster, Director Ralph A. Schmidt, and Director William D. Sanders sold 798,974 shares of WNR stock in August.

Illinois Tool Works Inc. (ITW, Financial): Chairman and CEO David B. Speer sold 336,296 Shares

Chairman and CEO of Illinois Tool Works Inc. (ITW) David B. Speer sold 336,296 shares on 08/17/2012 at an average price of $60. Illinois Tool Works Inc. manufactures and markets a variety of products and systems that provide specific, problem-solving solutions for a diverse customer base worldwide. Illinois Tool Works Inc. has a market cap of $28.49 billion; its shares were traded at around $59.68 with a P/E ratio of 14.99 and P/S ratio of 1.6. The dividend yield of Illinois Tool Works Inc. stocks is 2.41%. Illinois Tool Works Inc. had an annual average earnings growth of 8.9% over the past 10 years. GuruFocus rated Illinois Tool Works Inc. the business predictability rank of 3-star.

Net income was $881 million and operating revenues were $4.7 billion for Illinois Tool Works Inc’s 2012 second quarter financial results.

Chairman and CEO David B. Speer sold 336,296 shares of ITW stock on 08/17/2012 at the average price of $60. Senior Vice President and CFO Ronald D. Kropp sold 69,933 shares of ITW stock on 04/27/2012 at the average price of $57.4. Director James W Griffith bought 2,000 shares of ITW stock on 03/01/2012 at the average price of $55.57. Senior Vice President of Human Resources Sharon M. Brady, Executive Vice President Jane L. Warner and Director Robert C. Mccormack sold 284,027 shares of ITW stock in August.

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