Weekly CEO Sells Highlight: Agilent Technologies, Commerce Bancshares, The Interpublic Group of Companies, Lakes Entertainment, and Apartment Investment and Management Comp.

Weekly CEO Sells Highlight: A, CBSH, IPG, LACO, AIV

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Mar 22, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Agilent Technologies Inc, Commerce Bancshares Inc, The Interpublic Group of Companies Inc, Lakes Entertainment Inc, and Apartment Investment and Management Comp.

Agilent Technologies Inc. (A, Financial): President and CEO William P Sullivan sold 202,384 Shares

President and CEO of Agilent Technologies Inc. (A) William P Sullivan sold 202,384 shares on 03/11/2010 at an average price of $33.42.

Agilent Technologies is a measurement company and a technology company in communications, electronics, life sciences and chemical analysis. Agilent Technologies Inc. has a market cap of $11.66 billion; its shares were traded at around $33.42 with a P/E ratio of 34.5 and P/S ratio of 2.6.

Together with this sell, President and CEO William P Sullivan sold 651,321 shares of A stock in March and February. EVP, Finance & Admin., CFO Adrian T Dillon sold 786,884 shares of A stock in March and December. Sr VP, General Counsel & Sec. Marie Oh Huber sold 26,251 shares of A stock in March. VP, Corp Controllership, Tax Didier Hirsch and Vice President Michael R. Mcmullen together sold 16,554 shares of A stock in February and December.

Commerce Bancshares Inc. (CBSH, Financial): Chairman of the Board, CEO David W Kemper sold 1,386,110 Shares

Chairman of the Board, CEO of Commerce Bancshares Inc. (CBSH) David W Kemper sold 1,386,110 shares during the past week at an average price of $40.28.

Commerce Bancshares, Inc. is a bank holding company offering a full line of banking services, including retail and commercial banking, investment management and securities brokerage. Commerce Bancshares Inc. has a market cap of $3.42 billion; its shares were traded at around $41.09 with a P/E ratio of 19.3 and P/S ratio of 2.9. The dividend yield of Commerce Bancshares Inc. stocks is 2.4%. Commerce Bancshares Inc. had an annual average earning growth of 8.4% over the past 10 years. GuruFocus rated Commerce Bancshares Inc. the business predictability rank of 2.5-star.

Together with this transaction, Chairman of the Board, CEO David W Kemper sold 1,485,839 shares of CBSH stock in March and January. Vice Chairman Jonathan M Kemper sold 5,092 shares of CBSH stock in March. Executive Vice President Charles G Kim and Kevin G Barth together sold 23,438 shares of CBSH stock in March and February.

The Interpublic Group of Companies Inc. (IPG, Financial): Chairman, CEO & Pres McCann WG John J Jr Dooner sold 400,000 Shares

Chairman, CEO & Pres McCann WG John J Jr Dooner of The Interpublic Group of Companies Inc. (IPG) sold 400,000 shares on 03/17/2010 at an average price of $8.51.

The Interpublic Group of Companies, Inc.'s is one of the world's organizations of advertising agencies and marketing services companies. The Interpublic Group Of Companies Inc. has a market cap of $4.18 billion; its shares were traded at around $8.61 with a P/E ratio of 28.7 and P/S ratio of 0.7.

On February 26, The Interpublic Group of Companies Inc. announced its fourth quarter results. Its fourth quarter 2009 revenue of $1.80 billion, operating income in the fourth quarter of 2009 was $268.0 million, cash flow from operations for the fourth quarter of 2009 was $739.4 million, and its fourth quarter 2009 net income attributable to IPG was $136.4 million.

Lakes Entertainment Inc. (LACO, Financial): CEO, 10% Owner Lyle Berman sold 320,000 Shares

CEO, 10% Owner of Lakes Entertainment Inc. (LACO) Lyle Berman sold 320,000 shares on 03/16/2010 at an average price of $2.51.

Lakes Entertainment owns approximately 80% of the World Poker Tour, the entertainment and media company that films and produces the World Poker Tour television series currently shown on Travel Channel. Lakes Entertainment Inc. has a market cap of $65.8 million; its shares were traded at around $2.5 with a P/E ratio of 8.7 and P/S ratio of 2.7. Lakes Entertainment Inc. had an annual average earning growth of 33% over the past 5 years.

On March 12, Lakes Entertainment reported fourth quarter 2009 revenues of $5.3 million, compared to prior-year period revenues of $5.5 million

Apartment Investment and Management Comp (AIV, Financial): Chairman & CEO Terry Considine sold 285,000 Shares

Chairman & CEO of Apartment Investment and Management Comp (AIV) Terry Considine sold 285,000 shares on 03/12/2010 at an average price of $17.67. Apartment Investment and Management Company is a real estate investment trust headquartered in Denver, Colorado owning and operating a geographically diversified portfolio of apartment communities through 19 regional operating centers. Apartment Investment And Management Comp has a market cap of $2.11 billion; its shares were traded at around $17.95 with a P/E ratio of 10.9 and P/S ratio of 1.7. The dividend yield of Apartment Investment And Management Comp stocks is 2.2%. Apartment Investment And Management Comp had an annual average earning growth of 8.2% over the past 10 years.

Chairman & CEO Terry Considine sold 285,000 shares of AIV stock on 03/12/2010 at the average price of 17.67, the price of the stock has increased by 1.58% since. Senior Vice President - CAO Paul Beldin, President and COO Timothy J Beaudin, and ExAgilent Technologies Inc. (A)ecutive Vice President Miles Cortez together sold 6,749 shares of AIV stock in March and February. Executive Vice President Lisa R Cohn sold 5,153 shares of AIV stock in March and February.

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

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  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.