Weekly CEO Sells Highlight: U.S. Bancorp, Restoration Hardware Holdings Inc, Ariad Pharmaceuticals, and Acuity Brands Inc.

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Jul 20, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: U.S. Bancorp, Restoration Hardware Holdings Inc, Ariad Pharmaceuticals and Acuity Brands Inc.

U.S. Bancorp (USB, Financial): Chairman, President and CEO Richard K Davis sold 286,900 Shares

Chairman, President and CEO of U.S. Bancorp (USB) Richard K Davis sold 286,900 shares on July 19 at an average price of $37.27. U.S. Bancorp was incorporated in Delaware in 1929. It is a multi-state financial services holding company headquartered in Minneapolis, Minn. U.S. Bancorp has a market cap of $68.57 billion; its shares were traded at around $37.26 with a P/E ratio of 12.87 and P/S ratio of 3.51. The dividend yield of U.S. Bancorp stocks is 2.19%. U.S. Bancorp had an annual average earnings growth of 19.6% over the past 5 years.

U.S. Bancorp reported their 2013 second quarter results. The Company announced net income of $1.5 billion and revenues of $4.9 billion.

Chairman, President and CEO Richard K Davis sold 286,900 shares of USB stock on 07/19/2013 at the average price of 37.27. Vice Chairman and CFO Andrew Cecere sold 300,653 shares of USB stock in February and July. Vice Chairman Pamela A Joseph, Vice Chairman Kent V. Stone, Director Patrick T Stokes, Director Jerry W Levin, and Vice Chairman Terrance R Dolan sold 129,558 shares of USB stock in July.

Restoration Hardware Holdings Inc (RH, Financial): Chairman & Co-CEO, 10% Owner Gary G Friedman sold 266,667 Shares

Chairman & Co-CEO, 10% Owner of Restoration Hardware Holdings Inc (RH) Gary G Friedman sold 266,667 shares on July 17 at an average price of $70. Restoration Hardware Holdings Inc has a market cap of $2.65 billion; its shares were traded at around $67.67 with a P/E ratio of 108.30 and P/S ratio of 1.00.

Restoration Hardware Holdings Inc announced revenues of $301.3 million and net loss of $161,000 for their 2013 first fiscal quarter.

Chairman & Co-CEO, 10% Owner Gary G Friedman sold 266,667 shares of RH stock on July 17 at the average price of 70. CFO Karen Boone sold 23,391 shares of RH stock on May 20 at the average price of 50. Director Thomas D Mottola bought 100,000 shares of RH stock on July 17 at the average price of 70. Director Eri Chaya, COO Kenneth J Dunaj¸ and Director, 10% Owner James Michael Chu sold 34,51,415 shares of RH stock on July 17.

Ariad Pharmaceuticals (ARIA, Financial): Chairman & CEO Harvey J M D Berger sold 199,400 Shares

Chairman & CEO of Ariad Pharmaceuticals (ARIA) Harvey J M D Berger sold 199,400 shares on July 17 at an average price of $19.84. Ariad Pharmaceuticals was organized as a Delaware corporation in April 1991. Ariad Pharmaceuticals has a market cap of $3.69 billion; its shares were traded at around $20.05 with and P/S ratio of 500.00.

Ariad Pharmaceuticals announced their 2012 full year results with total revenue of $558 thousand and net loss of $220.9 million.

Chairman & CEO Harvey J M D Berger sold 513,898 shares of ARIA stock from March to July. Executive VP, CFO Edward M Fitzgerald sold 18,133 shares of ARIA stock in March and April. SVP, Corporate Affairs Maria E Cantor, Sr. VP, Reg. Affairs & Quality Daniel M Bollag, Senior VP, Chief IP Officer David L Berstein, SVP, Clinical R&D, CMO Frank Haluska, and SVP, Corp. Dev. & Operations Pierre F Dodion sold 35,200 shares of ARIA stock on July 18.

Acuity Brands Inc (AYI, Financial): Chairman, President, and CEO Vernon J Nagel sold 100,000 Shares

Chairman, President, and CEO of Acuity Brands Inc (AYI) Vernon J Nagel sold 100,000 shares on July 17 at an average price of $84.89. Acuity Brands Inc. the parent company of Acuity Brands Lighting Inc. Acuity Brands Inc has a market cap of $3.78 billion; its shares were traded at around $87.30 with a P/E ratio of 31.95 and P/S ratio of 1.83. The dividend yield of Acuity Brands Inc stocks is 0.62%. Acuity Brands Inc had an annual average earnings growth of 4.3% over the past 10 years.

Acuity Brands Inc reported their 2013 third fiscal quarter results. The Company announced adjusted net income of $41.9 million and net sales of $541.5 million.

Chairman, President, and CEO Vernon J Nagel sold 121,518 shares of AYI stock in July and April. EVP/CFO Richard K Reece sold 18,000 shares of AYI stock on July 18 at the average price of 85.19. EVP of Customer Enabling Team Ld Mark A Black, Director Ray M Robinson, and Director Robert F Mccullough sold 5,632 shares of AYI stock in February and April.

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