Weekly CEO Sells Highlight: Brocade Communications Systems, Kodiak Oil & Gas, Salesforce.com and Robbins & Myers

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Dec 31, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Brocade Communications Systems Inc., Kodiak Oil & Gas Corp., Salesforce.com Inc. and Robbins & Myers Inc.


Brocade Communications Systems Inc. (BRCD, Financial): CEO Michael Klayko Sold 1,832,207 Shares


CEO of Brocade Communications Systems Inc. (BRCD) Michael Klayko sold 1,832,207 shares on 12/20/2012 at an average price of $5.52. Brocade Communications Systems Inc. was incorporated in California on Aug. 24, 1995 and reincorporated in Delaware on May 14, 1999. Brocade Communications Systems Inc. has a market cap of $2.41 billion; its shares were traded around $5.275 with a P/E ratio of 10.6 and P/S ratio of 1.1. Brocade Communications Systems Inc. had an annual average earnings growth of 23.1% over the past 10 years. GuruFocus rated Brocade Communications Systems Inc. the business predictability rank of 3.5-star.


Brocade Communications Systems Inc. reported their 2012 fourth quarter results. The revenues were $578 million and net income (loss) of $54.0 million.


CEO Michael Klayko sold 1,832,207 shares of BRCD stock on 12/20/2012 at the average price of $5.52. CFO and Vice President of Finance Daniel W. Fairfax sold 12,000 shares of BRCD stock on 11/27/2012 at the average price of $5.75. Vice President and General Counsel Tyler Wall and Director Alan L. Earhartsold 45,330 shares of BRCD stock in September and November.


Kodiak Oil & Gas Corp. (KOG, Financial): Chairman, President and CEO Lynn A. Peterson Sold 500,000 Shares


Chairman, President and CEO of Kodiak Oil & Gas Corp. (KOG) Lynn A. Peterson sold 500,000 shares on 12/20/2012 at an average price of $9.23. Kodiak Oil & Gas Corp. was incorporated as a company on March 17, 1972, in the Province of British Columbia, Canada, under the name Pacific Talc Ltd. Kodiak Oil & Gas Corp. has a market cap of $2.26 billion; its shares were traded at around $8.605 with a P/E ratio of 23.8 and P/S ratio of 19.4.


Kodiak Oil & Gas Corp. reported its 2012 third quarter results. The company reported total revenues of $112.1 million and net income of $3.5 million.


Chairman, President and CEO Lynn A. Peterson sold 500,000 shares of KOG stock on 12/20/2012 at the average price of $9.23. Executive Vice President of Exploration Russ D. Cunningham, Director Rodney D. Knutson, Director Herrick K. Lidstone Jr. and Executive Vice President, Business Development James E. Catlin sold 431,000 shares of KOG stock in November and December.


Salesforce.com Inc. (CRM, Financial): Chairman of the Board & CEO Marc Benioff Sold 412,500 Shares


Chairman of the Board and CEO of Salesforce.com Inc. (CRM) Marc Benioff sold 412,500 shares on 12/28/2012 at an average price of $165.6. Salesforce.com Inc. was incorporated in Delaware in February 1999. Salesforce.com Inc. has a market cap of $23.31 billion; its shares were traded at around $164.63 with and P/S ratio of 9.6. Salesforce.com, Inc. had an annual average earnings growth of 43.7% over the past five years.


Salesforce.com Inc. reported revenues of $788 million and GAAP net loss per share of $1.55 for their fiscal 2013 third quarter results.


Chairman of the Board and CEO Marc Benioff sold 412,500 shares of CRM stock on 12/28/2012 at the average price of $165.6. CFO Graham Smith sold 17,528 shares of CRM stock in October, November and December. Vice Chairman Frank Van Veenendaal and Executive Vice President Technology Parker Harris sold 20,245 shares of CRM stock in December.


Robbins & Myers Inc. (RBN, Financial): President and CEO Peter C. Wallace Sold 139,842 Shares


President and CEO of Robbins & Myers Inc. (RBN) Peter C. Wallace sold 139,842 shares on 12/28/2012 at an average price of $59.38. Robbins & Myers Inc. is incorporated in the state of Ohio. Robbins & Myers Inc. has a market cap of $2.5 billion; its shares were traded at around $59.4 with a P/E ratio of 17.2 and P/S ratio of 2.4. The dividend yield of Robbins & Myers Inc. stocks is 0.3%. Robbins & Myers Inc. had an annual average earnings growth of 7.8% over the past 10 years.


Revenues were $257.3 million and net income per diluted share was $0.76 for Robbins & Myers Inc.’s first quarter 2013 results.


President and CEO Peter C. Wallace sold 139,842 shares of RBN stock on 12/28/2012 at the average price of $59.38. Controller and Interim CFO Kevin J. Brown sold 18,112 shares of RBN stock on 12/26/2012 at the average price of $59.38. Senior Vice President and President Energy Services. Saeid Rahimian, Director Richard J. Giromini and Vice President HR Jeffrey L. Halsey sold 47,066 shares of RBN stock in December.


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