Weekly CEO Sells Highlight: TRW, SNCR, COH, and FOSL

Author's Avatar
Nov 29, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: TRW Automotive Holdings Corp, Synchronoss Technologies Inc, Coach Inc, and Fossil Inc.

TRW Automotive Holdings Corp. (TRW, Financial): President & CEO John C Plant sold 500,000 Shares

President & CEO of TRW Automotive Holdings Corp. (TRW) John C Plant sold 500,000 shares on 11/24/2010 at an average price of $48.17. TRW Automotive is an automotive supplier. Its products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. Trw Automotive Holdings Corp. has a market cap of $5.87 billion; its shares were traded at around $49 with a P/E ratio of 7.8 and P/S ratio of 0.5.

TRW Automotive Holdings Corp. reported their third quarter financial results with sales of $3.1 billion.

President & CEO John C Plant sold 855,000 shares of TRW stock in July and November. Executive V.P. & CFO Joseph S Cantie sold 264,320 shares of TRW stock in June and November. Director James F Albaugh, Director Robert L. Friedman, and Director Neil P Simpkins sold 18,083,126 shares of TRW stock in November.

Synchronoss Technologies Inc. (SNCR, Financial): President and CEO Stephen G Waldis sold 400,000 Shares

President and CEO of Synchronoss Technologies Inc. (SNCR) Stephen G Waldis sold 400,000 shares on 11/23/2010 at an average price of $25.4. SYNCHRONOSS TECHNOLOGIES is the premier provider of on-demand transaction management software to Tier One communications service providers. Synchronoss Technologies Inc. has a market cap of $827.2 million; its shares were traded at around $26.37 with a P/E ratio of 60 and P/S ratio of 6.4.

Synchronoss Technologies Inc. announced their 2010 third quarter financial results. The Company reported a total revenue of $46.8 million.

President and CEO Stephen G Waldis sold 400,000 shares of SNCR stock on 11/23/2010 at the average price of 25.4. CFO Lawrence R. Irving sold 38,001shares of SNCR stock in November, August, July, and June. EVP & Chief Technology Office Patrick Joseph Doran, Executive Vice President Robert Garcia, Vice President Ronald Prague sold 30,500 shares of SNCR stock on 11/23/2010. Executive Vice President Christopher Putnam sold 7,000 shares of SNCR stock in November.

Coach Inc. (COH, Financial): Chairman and CEO Lew Frankfort sold 400,000 Shares

Chairman and CEO of Coach Inc. (COH) Lew Frankfort sold 400,000 shares on 11/24/2010 at an average price of $55.18. Coach Inc. is a designer, producer and marketer of American classic accessories that complement the diverse lifestyles of discerning women and men. Coach Inc. has a market cap of $16.5 billion; its shares were traded at around $55.9 with a P/E ratio of 22.1 and P/S ratio of 4.5. The dividend yield of Coach Inc. stocks is 1.1%. Coach Inc. had an annual average earning growth of 33.5% over the past 10 years. GuruFocus rated Coach Inc. the business predictability rank of 4-star.

Coach Inc. (COH) announced their first quarter results ended October 2, 2010. The Company announced net sales of $912 million.

Chairman and CEO Lew Frankfort sold 819,473 shares of COH stock in June and November. EVP, CFO Michael F Devine Iii sold 187,886 shares of COH stock in June and November. Director Irene R Miller, Pres, Exec Creative Director Reed Krakoff, and Executive Officer Jerry D Stritzke sold 156,846 shares of COH stock in November. President, N. America Retail Michael D Tucci sold 158,830 shares of COH stock on 11/04/2010.

Fossil Inc. (FOSL, Financial): Chairman of the Board & CEO, 10% Owner Kosta N Kartsotis sold 257,851 Shares

Chairman of the Board & CEO, 10% Owner of Fossil Inc. (FOSL) Kosta N Kartsotis sold 257,851 shares on 11/22/2010 at an average price of $68.47. FOSSIL, INC. designs, develops, markets and distributes fashion watches and other accessories principally under the FOSSIL brand name. Fossil Inc. has a market cap of $4.61 billion; its shares were traded at around $68.65 with a P/E ratio of 20.5 and P/S ratio of 3. Fossil Inc. had an annual average earning growth of 11.9% over the past 10 years. GuruFocus rated Fossil Inc. the business predictability rank of 4.5-star.

Fossil Inc. reported its financial results ended October 2, 2010. The Company announced revenues of $523.8 million.

Chairman of the Board & CEO, 10% Owner Kosta N Kartsotis sold 300,000 shares of FOSL stock in November. Executive V.P. and CFO Mike Kovar sold 27,532 shares of FOSL stock in November. Executive Vice President Livio Galanti, Director Jal S Shroff, Divisional President Jennifer Pritchard, President and COO Michael W Barnes, and Vice Chairman Mark Quick sold 73,875 shares of FOSL stock in November.

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