According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Ann Taylor Stores Corp, Global Traffic Network Inc, HewlettPackard Co, Overstock.com Inc, Riverbed Technology Inc.
On March 12, Ann Taylor Stores Corporation reported results for the fiscal fourth quarter and full year of 2009, ended January 30, 2010, and provided an outlook for the first quarter and full year of fiscal 2010.
For the fourth quarter of 2009, the Company reported earnings per diluted share of $0.05, excluding after-tax restructuring charges of $0.05 per diluted share, compared with a net loss per diluted share of $1.03 in the fourth quarter of 2008, excluding after-tax restructuring, goodwill and asset impairment charges totaling $5.63 per diluted share. On a GAAP basis, including the aforementioned restructuring and impairment charges, earnings per diluted share were breakeven in the fourth quarter of 2009, compared with a loss per diluted share of $6.66 in the fourth quarter of 2008.
President & CEO Krill Katherine Lawther sold 218,981 shares of ANN stock in December and May. EVP/General Counsel/Secretary Barbara Eisenberg sold 19,016 shares of ANN stock in May and March.
On May 10, Global Traffic Network, Inc. announced its results for fiscal third quarter ended March 31, 2010.
The Company's revenue for the quarter ended March 31, 2010 was $24.1 million, an increase of 93% from $12.5 million reported in the third quarter of fiscal 2009. Approximately $4.5 million of the increase in fiscal 2010 quarterly revenue was achieved from the Company's United Kingdom radio traffic and entertainment news operations, which were acquired effective March 1, 2009 and were included for only one month in the prior year results. Revenue from the Company's Australian and Canadian operations were up 61% and 145%, respectively, from the fiscal third quarter of 2009. While both Canada and Australia were aided by favorable currency exchange rate fluctuations due to a weaker U.S. dollar compared with the local currencies in the year ago quarter, results were also very strong in the respective local currencies, as quarterly Australian revenue increased 19% and Canadian revenue increased 108%, respectively, compared to the prior year quarter.
Chairman, CEO & President, 10% Owner William L Yde Iii sold 360,000 shares of GNET stock in February and May. Director, 10% Owner Dale C Arfman sold 53,600 shares of GNET stock in March and February.
On May 18, HewlettPackard Company announced financial results for its second fiscal quarter ended April 30, 2010.
In the second quarter, GAAP diluted earnings per share (EPS) was $0.91, up from $0.71 in the prior-year period. Non-GAAP diluted EPS was $1.09, up from $0.86 in the prior-year period. Non-GAAP financial information excludes after-tax costs of approximately $0.18 per share and $0.15 per share in the second quarter of fiscal 2010 and 2009, respectively, related primarily to the amortization of purchased intangibles, restructuring charges and acquisition-related charges.
Chm, CEO & President Mark V Hurd sold 240,000 shares of HPQ stock in February and May. EVP & CFO Catherine A Lesjak sold 44,761 shares of HPQ stock December, January, and April. EVP, PSG Richard Todd Bradley sold 15,000 shares of HPQ stock in April. EVP, EB Ann M Livermore sold 414,536 shares of HPQ stock in April. EVP, GC & SEC Michael J Holston sold 80,000 shares of HPQ stock on 04/14/2010 at the average price of 54, the price of the stock has decreased by 14.8% since.
Overstock.com Inc. (OSTK, Financial): Chairman and CEO, 10% Owner Patrick Michael Byrne sold 140,000 Shares
Chairman and CEO, 10% Owner of Overstock.com Inc. (OSTK) Patrick Michael Byrne sold 140,000 shares on 05/24/2010 at an average price of $22.25. Overstock.com, Inc. is an online `closeout` retailer offering merchandise for sale over the Internet. Overstock.com Inc. has a market cap of $513.7 million; its shares were traded at around $22.5 with a P/E ratio of 34 and P/S ratio of 0.6.
On May 4, Overstock.com, Inc. reported financial results for the quarter ended March 31, 2010. Revenue was $264.3M vs. $185.7M last year (42% increase); Net income (loss) attributable to common shares was $3.7M vs. $(4.0M) ($7.7M increase);
Chairman and CEO, 10% Owner Patrick Michael Byrne sold 140,000 shares of OSTK stock on 05/24/2010 at the average price of 22.25, the price of the stock has increased by 1.12% since.
On Apr 22, Riverbed Technology reported financial results for its first quarter ended March 31, 2010 (Q1'10). Revenues for Q1'10 were $112.4 million, up 27% compared to the first quarter of fiscal year 2009 (Q1'09). Reporting on a GAAP basis, net income for Q1'10 was $1.1 million, or $0.01 per diluted share. This compares to GAAP net income of $1.0 million, or $0.01 per share, in Q1'09.
Chairman and CEO Jerry M Kennelly sold 533,334 shares of RVBD stock in February, April, and May. CFO Randy Gottfried sold 50,000 shares of RVBD stock in May, March, February, and December. Chief Technology Officer Steven Mccanne sold 85,741 shares of RVBD stock in May. SVP Worldwide Sales David Peranich and SVP Marketing & Bus Dev Eric Wolford together sold 16,333 shares of RVBD stock on 05/17/2010.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
Ann Taylor Stores Corp. (ANN, Financial): President & CEO Krill Katherine Lawther sold 188,749 Shares
President & CEO of Ann Taylor Stores Corp. (ANN) Krill Katherine Lawther sold 188,749 shares on 05/24/2010 at an average price of $21.55. AnnTaylor Stores is a retailer of women's clothing. Ann Taylor Stores Corp. has a market cap of $1.27 billion; its shares were traded at around $21.65 with a P/E ratio of 30.9 and P/S ratio of 0.7.On March 12, Ann Taylor Stores Corporation reported results for the fiscal fourth quarter and full year of 2009, ended January 30, 2010, and provided an outlook for the first quarter and full year of fiscal 2010.
For the fourth quarter of 2009, the Company reported earnings per diluted share of $0.05, excluding after-tax restructuring charges of $0.05 per diluted share, compared with a net loss per diluted share of $1.03 in the fourth quarter of 2008, excluding after-tax restructuring, goodwill and asset impairment charges totaling $5.63 per diluted share. On a GAAP basis, including the aforementioned restructuring and impairment charges, earnings per diluted share were breakeven in the fourth quarter of 2009, compared with a loss per diluted share of $6.66 in the fourth quarter of 2008.
President & CEO Krill Katherine Lawther sold 218,981 shares of ANN stock in December and May. EVP/General Counsel/Secretary Barbara Eisenberg sold 19,016 shares of ANN stock in May and March.
Global Traffic Network Inc. (GNET, Financial): Chairman, CEO & President, 10% Owner William L Yde Iii sold 180,000 Shares
Chairman, CEO & President, 10% Owner of Global Traffic Network Inc. (GNET) William L Yde Iii sold 180,000 shares on 05/28/2010 at an average price of $4.75. Global Traffic Network is a provider of custom traffic and news reports to radio and television stations outside the U. Global Traffic Network Inc. has a market cap of $95.4 million; its shares were traded at around $5.21 with a P/E ratio of 260.5 and P/S ratio of 1.7.On May 10, Global Traffic Network, Inc. announced its results for fiscal third quarter ended March 31, 2010.
The Company's revenue for the quarter ended March 31, 2010 was $24.1 million, an increase of 93% from $12.5 million reported in the third quarter of fiscal 2009. Approximately $4.5 million of the increase in fiscal 2010 quarterly revenue was achieved from the Company's United Kingdom radio traffic and entertainment news operations, which were acquired effective March 1, 2009 and were included for only one month in the prior year results. Revenue from the Company's Australian and Canadian operations were up 61% and 145%, respectively, from the fiscal third quarter of 2009. While both Canada and Australia were aided by favorable currency exchange rate fluctuations due to a weaker U.S. dollar compared with the local currencies in the year ago quarter, results were also very strong in the respective local currencies, as quarterly Australian revenue increased 19% and Canadian revenue increased 108%, respectively, compared to the prior year quarter.
Chairman, CEO & President, 10% Owner William L Yde Iii sold 360,000 shares of GNET stock in February and May. Director, 10% Owner Dale C Arfman sold 53,600 shares of GNET stock in March and February.
HewlettPackard Company (HPQ, Financial): Chm, CEO & President Mark V Hurd sold 140,000 Shares
Chm, CEO & President of HewlettPackard Company (HPQ) Mark V Hurd sold 140,000 shares on 05/20/2010 at an average price of $45.8. Hewlett Packard is a company of computing and imaging solutions and services for business and home. Hewlettpackard Company has a market cap of $107.9 billion; its shares were traded at around $46.01 with a P/E ratio of 10.9 and P/S ratio of 0.9. The dividend yield of Hewlettpackard Company stocks is 0.7%.On May 18, HewlettPackard Company announced financial results for its second fiscal quarter ended April 30, 2010.
In the second quarter, GAAP diluted earnings per share (EPS) was $0.91, up from $0.71 in the prior-year period. Non-GAAP diluted EPS was $1.09, up from $0.86 in the prior-year period. Non-GAAP financial information excludes after-tax costs of approximately $0.18 per share and $0.15 per share in the second quarter of fiscal 2010 and 2009, respectively, related primarily to the amortization of purchased intangibles, restructuring charges and acquisition-related charges.
Chm, CEO & President Mark V Hurd sold 240,000 shares of HPQ stock in February and May. EVP & CFO Catherine A Lesjak sold 44,761 shares of HPQ stock December, January, and April. EVP, PSG Richard Todd Bradley sold 15,000 shares of HPQ stock in April. EVP, EB Ann M Livermore sold 414,536 shares of HPQ stock in April. EVP, GC & SEC Michael J Holston sold 80,000 shares of HPQ stock on 04/14/2010 at the average price of 54, the price of the stock has decreased by 14.8% since.
Overstock.com Inc. (OSTK, Financial): Chairman and CEO, 10% Owner Patrick Michael Byrne sold 140,000 Shares
Chairman and CEO, 10% Owner of Overstock.com Inc. (OSTK) Patrick Michael Byrne sold 140,000 shares on 05/24/2010 at an average price of $22.25. Overstock.com, Inc. is an online `closeout` retailer offering merchandise for sale over the Internet. Overstock.com Inc. has a market cap of $513.7 million; its shares were traded at around $22.5 with a P/E ratio of 34 and P/S ratio of 0.6.
On May 4, Overstock.com, Inc. reported financial results for the quarter ended March 31, 2010. Revenue was $264.3M vs. $185.7M last year (42% increase); Net income (loss) attributable to common shares was $3.7M vs. $(4.0M) ($7.7M increase);
Chairman and CEO, 10% Owner Patrick Michael Byrne sold 140,000 shares of OSTK stock on 05/24/2010 at the average price of 22.25, the price of the stock has increased by 1.12% since.
Riverbed Technology Inc. (RVBD, Financial): Chairman and CEO Jerry M Kennelly sold 100,000 Shares
Chairman and CEO of Riverbed Technology Inc. (RVBD) Jerry M Kennelly sold 100,000 shares on 05/28/2010 at an average price of $27.98. Riverbed Technology, Inc. provides solutions to the fundamental problems of computing in the United States and internationally. Riverbed Technology Inc. has a market cap of $1.88 billion; its shares were traded at around $26.73 with a P/E ratio of 127.2 and P/S ratio of 4.7.On Apr 22, Riverbed Technology reported financial results for its first quarter ended March 31, 2010 (Q1'10). Revenues for Q1'10 were $112.4 million, up 27% compared to the first quarter of fiscal year 2009 (Q1'09). Reporting on a GAAP basis, net income for Q1'10 was $1.1 million, or $0.01 per diluted share. This compares to GAAP net income of $1.0 million, or $0.01 per share, in Q1'09.
Chairman and CEO Jerry M Kennelly sold 533,334 shares of RVBD stock in February, April, and May. CFO Randy Gottfried sold 50,000 shares of RVBD stock in May, March, February, and December. Chief Technology Officer Steven Mccanne sold 85,741 shares of RVBD stock in May. SVP Worldwide Sales David Peranich and SVP Marketing & Bus Dev Eric Wolford together sold 16,333 shares of RVBD stock on 05/17/2010.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
