Weekly CEO Sells Highlight: CPB, COH, TRLG, M

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May 16, 2011
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Campbell Soup Company (CPB, Financial), Coach Inc. (COH, Financial), True Religion Apparel Inc. (TRLG, Financial), and Macy's Inc. (M, Financial).


Campbell Soup Company (CPB): President and CEO Douglas R Conant sold 471,933 Shares


President and CEO of Campbell Soup Company (CPB) Douglas R. Conant sold 471,933 shares during the past week at an average price of $33.61. Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. Campbell Soup Company has a market cap of $11.27 billion; its shares were traded at around $35.19 with a P/E ratio of 14.8 and P/S ratio of 1.4. The dividend yield of Campbell Soup Company stocks is 3.3%. Campbell Soup Company had an annual average earnings growth of 3% over the past 10 years.


Feb. 18, 2011, Campbell Soup Company reported their second-quarter results. They reported net sales of $2.127 billion and net income of $239 million.


President and CEO Douglas R. Conant sold 900,000 shares of Campbell stock in May and April. Director Archbold D. Vanbeuren bought 3,949 shares of Campbell stock on 12/31/2010 Senior Vice President Anthony Disilvestro sold 53,235 shares of Campbell stock on 03/07/2011. Director Charlotte C. Weber sold 410,000 shares of Campbellstock in March and February.


Coach Inc. (COH): Chairman and CEO Lew Frankfort sold 500,000 Shares


Chairman and CEO of Coach Inc. (COH) Lew Frankfort sold 500,000 shares during the past week at an average price of $59.61. Coach Inc. is a designer, producer and marketer of high-quality, modern, American classic accessories that complement the diverse lifestyles of discerning women and men. Coach Inc. has a market cap of $17.74 billion; its shares were traded at around $59.99 with a P/E ratio of 20.8 and P/S ratio of 4.9. The dividend yield of Coach Inc. stocks is 1%. Coach Inc. had an annual average earnings growth of 33.5% over the past 10 years. GuruFocus rated Coach Inc. the business predictability rank of 4-star.


Coach Inc. reported their third quarter results ended April 2, 2011. The company reported revenues of $951 million and operating income on a non-GAAP basis of $280 million.


Chairman and CEO Lew Frankfort sold 900,000 shares of Coach stock in November and May. SVP and General Counsel Todd Kahn, President, N. America Retail Michael D. Tucci, and Director Michael E. Murphy sold 52,348 shares of Coach stock in April. President, Executive Creative Director Reed Krakoff sold 27,303 shares of Coach stock in February.


True Religion Apparel Inc. (TRLG): CEO Jeffrey Lubell sold 513,512 Shares


CEO of True Religion Apparel Inc. (TRLG) Jeffrey Lubell sold 513,512 shares during the past week at an average price of $28.46. True Religion Apparel Inc. has a market cap of $707.3 million; its shares were traded at around $28.12 with a P/E ratio of 14.8 and P/S ratio of 2. True Religion Apparel Inc. had an annual average earnings growth of 15.2% over the past 5 years.


True Religion Apparel reported their 2011 first quarter results. This company reported their net sales of $93.8 million and their net income of $9.0 million.


CEO Jeffrey Lubell sold 513,512 shares of True Religion stock in May. CFO Peter F. Collins sold 21,044 shares of True Religion stock on 05/06/2011. Director Seth R. Johnson bought 1,000 shares of True Religion stock on 11/23/2010. Director Joseph H. Coulombe and Director Robert L. Harris II sold 11,354 shares of True Religion stock in May.


Macy's Inc. (M): Chairman, CEO and President Terry J. Lundgren sold 306,976 Shares


Chairman, CEO and President of Macys Inc. (M) Terry J. Lundgren sold 306,976 shares on 05/13/2011 at an average price of $28.66. Federated Department Stores, through its subsidiaries, is one of the operators of full-line department stores in the United States. Macy's Inc. has a market cap of $12.12 billion; its shares were traded at around $28.46 with a P/E ratio of 13.7 and P/S ratio of 0.4. The dividend yield of Macy's Inc. stocks is 0.7%.


Macy's Inc. announced that their revenues were $5.9 billion and net income was $131 million for their 2011 first-quarter financial results.


Chairman, CEO and President Terry J. Lundgren sold 306,976 shares of Macy's stock on 05/13/2011 at the average price of 28.66. Terry J. Lundgren owns at least 161,519 shares after this. The price of the stock has decreased by 0.7% since. CFO Karen M Hoguet sold 189,488 shares of Macy's stock in February, March, April and May. Director Craig Weatherup, Director Marna C. Whittington, Chief Merchandising Officer Jeffrey Gennette, Vice Chair Janet Grove and Vice President Amy Hanson sold 116,353 shares of Macy's stock on 05/13/2011.


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