Weekly CEO Sells Highlight: US Silica Holdings, SandRidge Energy, SS&C Technologies Holdings and WageWorks

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Mar 26, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: U.S. Silica Holdings Inc., SandRidge Energy Inc., SS&C Technologies Holdings and WageWorks Inc.

U.S. Silica Holdings Inc. (SLCA, Financial): President and CEO Bryan Adair Shinn Sold 9,775,000 Shares

President and CEO of U.S. Silica Holdings Inc. (SLCA) Bryan Adair Shinn sold 9,775,000 shares on 03/19/2013 at an average price of $21.12. US Silica Holdings Inc. was incorporated as a Delaware corporation in 2008. U.S. Silica Holdings Inc. has a market cap of $1.22 billion; its shares were traded at around $23.06 with a P/E ratio of 15.3 and P/S ratio of 2.7.

U.S. Silica Holdings Inc. reported their 2012 fourth quarter results. The company reported their net income of $21.8 million and net sales of $118.8 million.

President and CEO Bryan Adair Shinn sold 9,775,000 shares of SLCA stock on 03/19/2013 at the average price of $21.12. Director Charles W Shaver sold 9,775,000 shares of SLCA stock on 03/19/2013 at the average price of $21.12.

SandRidge Energy Inc (SD, Financial): Chairman and CEO Tom L. Ward sold 3,667,000 Shares

Chairman and CEO of SandRidge Energy Inc (SD) Tom L. Ward sold 3,667,000 shares on 03/18/2013 at an average price of $5.68. SandRidge Energy Inc. was originally organized in the State of Texas in 1984 under a predecessor company name and in 2006; it reorganized as a Delaware corporation and adopted the SandRidge Energy Inc. Sandridge Energy Inc. has a market cap of $2.7 billion; its shares were traded at around $5.46 with a P/E ratio of 28.8 and P/S ratio of 1.

SandRidge Energy Inc. reported their 2012 annual results. The company reported that net income for this year was $141.6 million.

Chairman and CEO Tom L. Ward sold 3,667,000 shares of SD stock on 03/18/2013 at the average price of $5.68. Executive Vice President Exploration Todd N. Tipton sold 70,858 shares of SD stock in March.

SS&C Technologies Holdings (SSNC, Financial): Chairman of the Board and CEO, 10% Owner William C. Stone Sold 1,250,000 Shares

Chairman of the Board, CEO and 10% Owner of SS&C Technologies Holdings (SSNC) William C. Stone sold 1,250,000 shares on 03/19/2013 at an average price of $25.8. SS&C Technologies Holdings Inc. was incorporated in Delaware on July 26, 2005 and its main activity is to hold its investment in SS&C Technologies Inc. SS&C Technologies Holdings has a market cap of $2.32 billion; its shares were traded at around $29.22 with a P/E ratio of 53.5 and P/S ratio of 4.4.

SS&C Technologies Holdings reported their 2012 fourth quarter financial results with revenues of $171.8 million and net income of $16.1 million.

Chairman of the Board, CEO and 10% Owner William C. Stone sold 1,250,000 shares of SSNC stock on 03/19/2013 at the average price of $25.8. Senior Vice President and CFO Patrick J. Pedonti sold 45,000 shares of SSNC stock in March. Senior Vice President and General Counsel Stephen V. R. Whitman sold 76,160 shares of SSNC stock in December.

WageWorks Inc. (WAGE, Financial): CEO Joseph L. Jackson Sold 298,750 Shares

CEO of WageWorks Inc. (WAGE) Joseph L. Jackson sold 298,750 shares on 03/18/2013 at an average price of $24. WageWorks Inc. was founded in 2000 and it was incorporated in state of Delaware. WageWorks Inc. has a market cap of $805.034 million; its shares were traded at around $25.02 with a P/E ratio of 75.6 and P/S ratio of 3.5.

Revenues were $46.7 million and net income was $22.5 million for WageWorks Inc.’s 2012 fourth financial 2012 quarter.

CEO Joseph L. Jackson sold 298,750 shares of WAGE stock on 03/18/2013 at the average price of $24. CFO Richard T. Green sold 62,000 shares of WAGE stock on 03/18/2013 at the average price of $24. Director Edward C. Nafus bought 4,000 shares of WAGE stock on 03/08/2013 at the average price of $23.85. Director Jerry Gramaglia, Director John William Larson and Senior Vice President, General Counsel and Corporate Secretary Kimberly L. Jackson sold 75,032 shares of WAGE stock in March.

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