Weekly CEO Sells Highlight: Anadarko Petroleum Corp., SMART Modular Technologies Inc., FedEx Corp., Guess ? Inc., Comstock Resources Inc.

Weekly CEO Sells Highlight: APC, SMOD, FDX, GES, CRK

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Apr 04, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week.


Anadarko Petroleum Corp. (APC, Financial): Chairman & CEO James T Hackett sold 584,534 Shares

Chairman & CEO of Anadarko Petroleum Corp. (APC) James T Hackett sold 584,534 shares on 03/31/2010 at an average price of $73.11. Anadarko Petroleum Corporation is an independent oil and gas exploration and production company. Anadarko Petroleum Corp. has a market cap of $36.6 billion; its shares were traded at around $74.31 with and P/S ratio of 4. The dividend yield of Anadarko Petroleum Corp. stocks is 0.5%. Anadarko Petroleum Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Anadarko Petroleum Corp. the business predictability rank of 3.5-star.


SVP, Worldwide Exploration Robert P Daniels, Director Paulett Eberhart, President & COO R A Walker, SVP, General Counsel & CAO Robert K Reeves, and Director John R Butler Jr together sold about 255,300 shares of APC stock in March.


SMART Modular Technologies Inc. (SMOD, Financial): President & CEO Iain Mackenzie sold 188,339 Shares

President & CEO of SMART Modular Technologies Inc. (SMOD) Iain Mackenzie sold 188,339 shares on 03/30/2010 at an average price of $7.81. Smart is a independent designer, manufacturer and supplier of value added subsystems to original equipment manufacturers, or OEMs. Smart Modular Technologies Inc. has a market cap of $490.8 million; its shares were traded at around $7.9 with a P/E ratio of 31.5 and P/S ratio of 1.1.


On March 25, 2010, SMART Modular Technologies, Inc. reported financial results for the second quarter of fiscal 2010 ended February 26, 2010.


Second Quarter Fiscal 2010 Highlights:


• Net sales of $160.1 million


• Gross profit of $42.0 million


• GAAP diluted EPS of $0.25


• Non-GAAP diluted EPS of $0.23


• Adjusted EBITDA of $28.4 million


Director Chong Sup Park sold 9,000 shares of SMOD stock in March, February, and January. Director Clifton Thomas Weatherford sold 20,000 shares of SMOD stock on 01/12/2010 at the average price of 7, the price of the stock has increased by 12.86% since.


FedEx Corp. (FDX, Financial): Chairman/President/CEO Frederick W Smith sold 183,350 Shares

Chairman/President/CEO of FedEx Corp. (FDX) Frederick W Smith sold 183,350 shares on 03/29/2010 at an average price of $92.18. FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Fedex Corp. has a market cap of $28.84 billion; its shares were traded at around $92.17 with a P/E ratio of 29.9 and P/S ratio of 0.8. The dividend yield of Fedex Corp. stocks is 0.5%. Fedex Corp. had an annual average earning growth of 3.9% over the past 10 years.


On March 18, 2010, FedEx Corp. reported earnings of $0.76 per diluted share for the third quarter ended February 28, compared to $0.31 per diluted share a year ago.


Earlier, President/CEO - FedEx Freight William J Logue sold 4,035 shares of FDX stock on 03/24/2010 at the average price of 90.6. Director Susan C Schwab bought 918 shares of FDX stock in March, December, and October. Director Paul S Walsh and EVP CHIEF FINANCIAL OFF Alan B Jr Graf together sold 60,250 shares of FDX stock in March and April.


Guess ? Inc. (GES, Financial): Vice Chairman & CEO, 10% Owner Paul Marciano sold 150,000 Shares

Vice Chairman & CEO, 10% Owner of Guess ? Inc. (GES) Paul Marciano sold 150,000 shares on 03/30/2010 at an average price of $47.02. Guess, Inc. designs, markets, distributes and licenses one of the world's lifestyle collections of casual apparel, accessories and related consumer products. Guess ? Inc. has a market cap of $4.36 billion; its shares were traded at around $47.2 with a P/E ratio of 17.9 and P/S ratio of 2.1. The dividend yield of Guess ? Inc. stocks is 1.1%.


On March 18, Shares of Guess Inc. reported strong fourth-quarter profit. The clothing maker said its fiscal fourth-quarter profit rose more than 80 percent on sales increases throughout the apparel maker's business segments. Sales rose 14 percent to $642 million from $561.1 million.


SVP & CFO Dennis R Secor sold 31,700 shares of GES stock April, December, and March. Chairman of the Board, 10% Owner Maurice Marciano sold 319,256 shares of GES stock in April, March, and January. SVP & CIO Michael Relich and Director Anthony Chidoni together sold 21,325 shares of GES stock in March and January.


Comstock Resources Inc. (CRK, Financial): Chairman & CEO M Jay Allison sold 135,000 Shares

Chairman & CEO of Comstock Resources Inc. (CRK) M Jay Allison sold 135,000 shares on 03/31/2010 at an average price of $31.54. Comstock Resources, Inc. is an independent energy company engaged in the acquisition, development, production and exploration of oil and natural gas properties. Comstock Resources Inc. has a market cap of $1.59 billion; its shares were traded at around $33.8 with and P/S ratio of 5.5. Comstock Resources Inc. had an annual average earning growth of 7% over the past 10 years. GuruFocus rated Comstock Resources Inc. the business predictability rank of 4.5-star.


On March 24, Comstock Resources, Inc. announced that the first well drilled in its South Toledo Bend field in Sabine Parish in Northern Louisiana was successful.


Besides, COO Mack D Good sold 23,600 shares of CRK stock in December.


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





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