Weekly CEO Sells Highlight: MMC, TRLA, RTN, IDN

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Oct 01, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Marsh & McLennan Companies Inc., Trulia Inc., Raytheon Company and Intellicheck Mobilisa Inc.

Marsh & McLennan Companies Inc (MMC, Financial): Vice Chairman, Office of CEO David A. Nadler Sold 267,434 Shares

Vice Chairman, Office of CEO of Marsh & McLennan Companies Inc. (MMC) David A Nadler sold 267,434 shares on 09/25/2012 at an average price of $34.22. Marsh & McLennan is primarily a holding company which, through its subsidiaries and affiliates, provides clients with analysis, advice and transactional capabilities in the fields of risk and insurance services, investment management and consulting. Marsh & Mclennan Companies Inc. has a market cap of $18.46 billion; its shares were traded at around $33.91 with a P/E ratio of 17.67 and P/S ratio of 1.6. The dividend yield of Marsh & Mclennan Companies Inc. stocks is 2.71%.

Consolidated revenue was $3 billion and net income was $329 million for Marsh & McLennan Companies Inc’s 2012 second quarter financial results.

Vice Chairman, Office of CEO David A. Nadler sold 267,434 shares of MMC stock on 09/25/2012 at the average price of $34.22. Senior Vice President, Chief Risk and Compliance Officer E. Scott Gilbert and Senior Vice President and Chief HR Officer Laurie Ledford sold 37,010 shares of MMC stock in September.

Trulia Inc. (TRLA, Financial): Chairman, CEO and 10% Owner Peter Flint Sold 209,600 Shares

Chairman, CEO and 10% Owner of Trulia Inc. (TRLA) Peter Flint sold 209,600 shares on 09/25/2012 at an average price of $15.81. Trulia Inc. is an online marketplace for homebuyers, sellers, renters and real estate professionals. Trulia Inc. has a market cap of $565 million; its shares were traded at around $21.42.

Chairman, CEO and 10% Owner Peter Flint sold 209,600 shares of TRLA stock on 09/25/2012 at the average price of $15.81. Peter Flint owns at least 2,456,810 shares after this. The price of the stock has increased by 35.48% since. Director Robert Moles, Director Gregory Waldorf, Vice President, General Counsel and Corporate Secretary Scott Darling and Vice President Engineering Daniele Farnedi sold 90,900 shares of TRLA stock on 09/25/2012.

Raytheon Company (RTN, Financial): Chairman and CEO William H. Swanson Sold 200,000 Shares

Chairman and CEO of Raytheon Company (RTN) William H. Swanson sold 200,000 shares on 09/24/2012 at an average price of $57.83. Raytheon Company is a global technology company. The company provides products and services in the areas of defense and commercial electronics, engineering and construction, and business and special mission aircraft. Raytheon Company has a market cap of $18.98 billion; its shares were traded at around $57.15 with a P/E ratio of 9.53 and P/S ratio of 0.76. The dividend yield of Raytheon Company stocks is 3.5%. Raytheon Company had an annual average earnings growth of 9.8% over the past 10 years. GuruFocus rated Raytheon Company the business predictability rank of 2.5-star.

Raytheon Company reported their 2012 second quarter financial results. The company reported net income of $470 million and revenues of $5.99 billion.

Chairman and CEO William H. Swanson sold 242,187 shares of RTN stock in June and September. Vice President Taylor W. Lawrence, Vice President, Controller and CAO Michael J. Wood, Director Vernon E. Clark, Vice President John D. Harris and Senior Vice President Thomas M. Culligan sold 37,029 shares of RTN stock un June, August and September.

Intellicheck Mobilisa Inc. (IDN, Financial): CEO Steven Durrelle Williams Sold 191,887 Shares

CEO of Intellicheck Mobilisa Inc. (IDN) Steven Durrelle Williams sold 191,887 shares on 09/20/2012 at an average price of $1.84. Intellicheck Mobilisa is a technology company, developing and marketing wireless technology and identity systems for various applications including: mobile and handheld wireless devices for the government, military and commercial markets. Intellicheck Mobilisa Inc. has a market cap of $45.91 million; its shares were traded at around $1.7 with a P/E ratio of 167 and P/S ratio of 3.68.

Revenues for Intellicheck Mobilisa Inc.’s 2012 second quarter results were $3.44 million and their net income was $61 thousand.

CEO Steven Durrelle Williams sold 191,887 shares of IDN stock on 09/20/2012 at the average price of 1.84. CFO, Secretary and Treasurer Billy Joe White bought 5,800 shares of IDN stock on 05/11/2012 at the average price of $1.73. Director Guy L. Smith bought 6,896 shares of IDN stock in May and August.

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