Weekly CEO Sells Highlight: Rackspace Hosting Inc, Twenty-First Century Fox Inc, Groupon Inc, Macy's Inc.

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Nov 17, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Rackspace Hosting, Twenty-First Century Fox, Groupon and Macy’s.

Rackspace Hosting (RAX, Financial): CEO Lanham Napier sold 902,238 Shares

CEO of Rackspace Hosting, Inc. (RAX) A Lanham Napier sold 902,238 shares on Nov. 15 at an average price of $42.36. Rackspace Hosting has a market cap of $5.9 billion; its shares were traded at around $42.21 with a P/E ratio of 56.30 and P/S ratio of 4.07. Rackspace Hosting had an annual average earnings growth of 27.50% over the past 5 years.

Rackspace Hosting announced their 2013 third quarter financial results. The Company reported revenues of $389 million and net income of $16 million.

CEO A Lanham Napier sold 904,701 shares of RAX stock in August and November. CFO Karl Pichler sold 671 shares of RAX stock on Aug. 12 at the average price of 47.85. Director S. James Bishkin, Sr. V.P., GC, and Secretary Alan Schoenbaum, COO Mark Roenigk, and SVP and Chief Customer Officer Taylor Rhodes sold 96,778 shares of RAX stock in September and November.

Twenty-First Century Fox Inc (FOX, Financial): Dep. COO/Chair and CEO, Int'l James R Murdoch sold 455,000 Shares

Dep. COO/Chair and International CEO of Twenty-First Century Fox Inc (FOX) James Murdoch sold 455,000 shares on Nov. 13 at an average price of $32.97. Twenty-First Century Fox has a market cap of $77.24 billion; its shares were traded at around $33.85 with a P/E ratio of 11.30 and P/S ratio of 2.74. The dividend yield of Twenty-First Century Fox Inc stocks is 0.62%.

Twenty-First Century Fox Inc. reported revenues of $2.07 billion and net income of $38 million for their 2014 first fiscal results.

Dep. COO/Chair and CEO, Int'l James R Murdoch sold 455,000 shares of FOX stock on Nov. 13 at the average price of 32.97. Director Robert S Silberman bought 11,000 shares of FOX stock on Aug. 13 at the average price of 32.53.

Groupon Inc (GRPN, Financial): CEO, 10% Owner Eric P Lefkofsky sold 454,166 Shares

CEO, 10% Owner of Groupon Inc (GRPN) Eric Lefkofsky sold 454,166 shares on Nov. 14 at an average price of $10.44. Groupon has a market cap of $7.16 billion; its shares were traded at around $10.69 with and P/S ratio of 2.90.

Revenues were $595.1 million and net loss of $2.6 million for Groupon Inc’s 2013 third quarter results.

CEO, 10% Owner Eric P Lefkofsky sold 454,166 shares of GRPN stock on Nov. 14 at the average price of 10.44. CFO Jason Child sold 80,000 shares of GRPN stock in August and September. Director Theodore Leonsis, Director Bradley A Keywell¸ and SVP - Product Management Jeffrey Holden sold 1,158,000 shares of GRPN stock from September to November.

Macy's Inc (M, Financial): Chairman, CEO and President Terry J Lundgren sold 275,000 Shares

Chairman, CEO and President of Macy's Inc (M) Terry J Lundgren sold 275,000 shares on Nov. 15 at an average price of $50.71. Macy's Inc has a market cap of $19.22 billion; its shares were traded at around $51.09 with a P/E ratio of 14.90 and P/S ratio of 0.73. The dividend yield of Macy's Inc stocks is 1.76%.

Macy’s Inc reported their 2013 third quarter results. The Company announced revenues of $6.3 billion and net income of $177 million.

Chairman, CEO and President Terry J Lundgren sold 275,000 shares of M stock on Nov. 15 at the average price of 50.71. Senior Officer Tim Taylor, bought 16,500 shares of M stock in September.

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