Weekly CEO Sells Highlight: Autonation Inc., Arris Group Inc, Eaton Corp, and Apartment Investment & Management

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Feb 14, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: AUTONATION INC, Arris Group Inc, EATON Corp, and APARTMENT INV. & MGT. CO. AUTONATION INC. (AN, Financial): Chairman and CEO Michael J Jackson sold 292,000 Shares

Chairman and CEO of AUTONATION INC. (AN) Michael J Jackson sold 292,000 shares on 02/10/2011 at an average price of $33.25. AutoNation, Inc. is the one of the largest automotive retailers in the United States. Autonation Inc. has a market cap of $4.68 billion; its shares were traded at around $33.96 with a P/E ratio of 22.6 and P/S ratio of 0.4. Autonation Inc. had an annual average earning growth of 3.8% over the past 10 years.

AUTONATION INC. reported their 2010 fourth quarter results. The Company reported revenues of $3.2 billion and net income of $0.08 per share.

Chairman and CEO Michael J Jackson sold 613,000 shares of AN stock in December and February. EVP and CFO Michael J Short sold 127,700 shares of AN stock in November, December, and February.

Arris Group Inc (ARRS, Financial): Chairman & CEO Robert J Stanzione sold 265,000 Shares

Chairman & CEO of Arris Group Inc (ARRS) Robert J Stanzione sold 265,000 shares on 02/11/2011 at an average price of $13.67. Arris Group, Inc. is an international communications technology company serving the broadband information transport industries. Arris Group Inc has a market cap of $1.61 billion; its shares were traded at around $13.71 with a P/E ratio of 15.1 and P/S ratio of 1.5. Arris Group Inc had an annual average earning growth of 46% over the past 5 years.

Arris Group Inc. announced their 2010 fourth quarter results. The Company reported revenues of $266.2 million and net income of $0.19 per diluted share.

Chairman & CEO Robert J Stanzione sold 265,000 shares of ARRS stock on 02/11/2011 at the average price of 13.67. CFO/Executive Vice President David Potts sold 150,276 shares of ARRS stock in November and February. President MCS Bryant Isaacs, Treasurer Marc S Geraci, President of Access, Transport John O Caezza, EVP/Strategic Pl, Chief Couns. Lawrence A Margolis, and President, Adv Tech & Services James Lakin sold 263,922 shares of ARRS stock in February.

EATON Corp. (ETN): Chairman and CEO Alexander M Cutler sold 239,114 Shares

Chairman and CEO of EATON Corp. (ETN) Alexander M Cutler sold 239,114 shares on 02/09/2011 at an average price of $110.2. Eaton Corporation is a global diversified industrial manufacturer. Eaton Corp. has a market cap of $18.01 billion; its shares were traded at around $112.44 with a P/E ratio of 19.1 and P/S ratio of 1.3. The dividend yield of Eaton Corp. stocks is 2.2%. Eaton Corp. had an annual average earning growth of 5.5% over the past 10 years.

EATON Corp. announced their 2010 fourth quarter results. The Company reported net income of $1.63 per share and revenues of $3.7 billion.

Chairman and CEO Alexander M Cutler sold 460,652 shares of ETN stock in October and February.VC & COO - Electrical Sector Thomas Gross sold 18,898 shares of ETN stock on 11/292010.Director Gary L Tooker sold 22,446 shares of ETN stock in November. Sr VP and Controller Billie K Rawot sold 20,538 shares of ETN stock in November.

APARTMENT INV. & MGT. CO. (AIV, Financial): Chairman & CEO Terry Considine sold 202,429 Shares

Chairman & CEO of APARTMENT INV. & MGT. CO. (AIV) Terry Considine sold 202,429 shares on 02/08/2011 at an average price of $23.89. Apartment Investment and Management Company (Aimco) 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 Inv. & Mgt. Co. has a market cap of $2.91 billion; its shares were traded at around $24.32 with a P/E ratio of 16.6 and P/S ratio of 2.4. The dividend yield of Apartment Inv. & Mgt. Co. stocks is 1.6%.

APARTMENT INV. & MGT. CO. today reported their 2010 fourth quarter results. The Company reported net income of $38.4 million and revenues of $189.4 million.

Chairman & CEO Terry Considine sold 202,429 shares of AIV stock on 02/08/2011 at the average price of 23.89.

Executive Vice President Miles Cortez sold 8,453 shares of AIV stock in November and February. Executive Vice President Lisa R Cohn sold 3,368 shares of AIV stock in January and February.

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