Weekly CEO Sells Highlight: US Silica Holdings Inc., Tile Shop Holdings Inc., Lululemon Athletica Inc. and G-III Apparel Group Ltd.

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Jun 17, 2013
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According to GuruFocus Insider Data, these are the largest CEO sales during the past week: US Silica Holdings Inc., Tile Shop Holdings Inc., Lululemon Athletica Inc. and G-III Apparel Group Ltd.

US Silica Holdings Inc (SLCA, Financial): President and CEO Bryan Adair Shinn Sold 13,800,000 Shares

President and CEO of US Silica Holdings Inc. (SLCA) Bryan Adair Shinn sold 13,800,000 shares on 06/11/2013 at an average price of $18.76. US Silica Holdings Inc. was incorporated as a Delaware corporation in 2008. US Silica Holdings Inc. has a market cap of $1.15 billion; its shares were traded at around $21.29 with a P/E ratio of 14.60 and P/S ratio of 2.44.

US Silica Holdings Inc. reported their 2013 first quarter results. The company reported net income of $17.3 million and revenues of $122.3 million.

President and CEO Bryan Adair Shinn sold 23,575,000 shares of SLCA stock in March and June. VP of Strategic Planning Bradford B. Casper, VP of Talent Management, CHRO David D. Murry¸ VP of Supply Chain Jason Leroy Tedrow and Director, 10% Owner Rajeev Amara sold 13,817,062 shares of SLCA stock in June.

Tile Shop Holdings Inc (TTS, Financial): CEO, 10% Owner Robert A. Rucker Sold 1,400,000 Shares

CEO, 10% Owner of Tile Shop Holdings Inc. (TTS) Robert A. Rucker sold 1,400,000 shares on 06/10/2013 at an average price of $23.16. JWC Acquisition Corp is a Delaware Corporation. It is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Tile Shop Holdings Inc. has a market cap of $1.55 billion; its shares were traded at around $29.38 with a P/E ratio of 83.10 and P/S ratio of 5.98.

Tile Shop Holdings Inc. reported that revenues for their 2013 first quarter increased to $56.8 million since the last year’s first quarter. Net loss for the company was $44.7 million.

CEO, 10% Owner Robert A. Rucker sold 3,244,070 shares of TTS stock in December, April and June. Director Peter H. Kamin, Director Peter J. Jacullo III, and Director Todd Krasnow sold 815,138 shares of TTS stock in May and June.

Lululemon Athletica Inc. (LULU, Financial): CEO Christine Mccormick Day Sold 362,711 Shares

CEO of Lululemon Athletica Inc. (LULU) Christine Mccormick Day sold 362,711 shares on 06/13/2013 at an average price of $65.15. Lululemon Athletica designs, manufactures, and distributes athletic apparel, which is sold through a chain of corporate-owned and operated retail stores, independent franchises and a network of wholesale accounts. Lululemon Athletica Inc. has a market cap of $7.59 billion; its shares were traded at around $66.25 with a P/E ratio of 35.59 and P/S ratio of 6.75. Lululemon Athletica, Inc. had an annual average earnings growth of 57.1% over the past five years.

Lululemon Athletica Inc reported their 2013 fiscal first quarter results. The company reported net revenues of $345.8 million and net income of $47.3 million.

CEO Christine Mccormick Day sold 362,711 shares of LULU stock on 06/13/2013 at the average price of 65.15. Director, 10% Owner Dennis J. Wilson sold 2,000,000 shares of LULU stock in May and June.

G-III Apparel Group Ltd. (GIII, Financial): CEO, 10% Owner Morris Goldfarb Sold 269,688 Shares

CEO, 10% Owner of G-III Apparel Group Ltd. (GIII) Morris Goldfarb sold 269,688 shares on 06/10/2013 at an average price of $49.32. G-III Apparel Group, Ltd is a Delaware corporation that was formed in 1989. G-iii Apparel Group Ltd. has a market cap of $988.461 million; its shares were traded at around $49.14 with a P/E ratio of 17.01 and P/S ratio of 0.69. G-iii Apparel Group, Ltd. had an annual average earnings growth of 22.7% over the past 10 years. GuruFocus rated G-iii Apparel Group Ltd. the business predictability rank of 3.5-star.

G-III Apparel Group Ltd. reported net revenues of $272.6 million and net income of $1.03 million for the Company’s first quarter fiscal 2013 results.

CEO, 10% Owner Morris Goldfarb sold 276,685 shares of GIII stock in April and June. CFO/Treas Neal Nackman sold 14,834 shares of GIII stock in April. Director Cheryl L Vitali and Director of Business Development Jeffery David Goldfarb together bought 4,300 shares of GIII stock in January and April.President Katz Jeanette Nostra, Director Thomas Brosig and Director Bokhorst Willem Van sold 19,635 shares of GIII stock in June.

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