Weekly CEO Sells Highlight: Workday Inc., Kirby Corp., Mylan Inc., Infinera Corporation

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Sep 09, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Workday Inc., Kirby Corp., Mylan Inc. and Infinera Corporation

Workday Inc. (WDAY, Financial): Co-CEO, 10% Owner David A. Duffield Sold 350,756 Shares

Co-CEO, 10% Owner of Workday Inc. (WDAY) David A. Duffield sold 350,756 shares on 09/04/2013 at an average price of $73.27. Workday Inc. has a market cap of $13.15 billion; its shares were traded at around $76.00 with and P/S ratio of 26.53.

Workday Inc. reported their 2014 fiscal second quarter results. The company announced net loss of $35.98 and revenues of $107.6 million.

Co-CEO, 10% Owner David A. Duffield sold 350,756 shares of WDAY stock on 09/04/2013 at the average price of $73.27. President and COO Michael A. Stankey, VP, General Counsel and Secretary James P. Shaughnessy, and Director A. George Battle sold 96,688 shares of WDAY stock in July, August and September.

Kirby Corp. (KEX, Financial): Chairman and CEO J. H. Pyne Sold 160,007 Shares

Chairman and CEO of Kirby Corp. (KEX) J. H. Pyne sold 160,007 shares on 09/04/2013 at an average price of $80.34. Kirby Corp. has a market cap of $4.7 billion; its shares were traded at around $82.80 with a P/E ratio of 20.12 and P/S ratio of 2.15. Kirby Corp. had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Kirby Corp. the business predictability rank of 4-star.

Kirby Corp. reported net sales of $563.9 million and net income of $63.8 million for their 2013 second quarter results.

Chairman and CEO J. H. Pyne sold 160,007 shares of KEX stock on 09/04/2013 at the average price of $80.34. Executive VP and CFO David W. Grzebinski sold 2,996 shares of KEX stock on 07/29/2013 at the average price of $83.26. Director David L. Lemmon, President Marine Systems, In Dorman Lynn Strahan, Director George A.Peterkin Jr. and President and COO Kirby Corp Gregory R. Binion sold 34,200 shares of KEX stock in August.

Mylan Inc. (MYL, Financial): CEO Heather M. Bresch Sold 160,000 Shares

CEO of Mylan Inc. (MYL) Heather M. Bresch sold 160,000 shares on 09/06/2013 at an average price of $35.35. Mylan Inc. has a market cap of $13.47 billion; its shares were traded at around $35.29 with a P/E ratio of 21.60 and P/S ratio of 2.12. Mylan Inc. had an annual average earnings growth of 12.2% over the past five years.

Mylan Inc. announced their 2013 second quarter financial results. The company reported net sales of $1.7 billion and net income of $178.6 million.

CEO Heather M. Bresch sold 172,000 shares of MYL stock in March and September. Director Neil F Dimick, Director C. B. Todd¸ President, North America Anthony Mauro and COO Harry Korman sold 104,420 shares of MYL stock in March and June.

Infinera Corporation (INFN, Financial): CEO Thomas J. Fallon Sold 150,000 Shares

CEO of Infinera Corporation (INFN) Thomas J. Fallon sold 150,000 shares on 09/05/2013 at an average price of $10.56. Infinera Corporation has a market cap of $1.26 billion; its shares were traded at around $10.70 with and P/S ratio of 2.42.

Infinera Corporation reported their 2013 second quarter results with revenues of $138.4 million and GAAP net loss of $10.0 million.

CEO Thomas J. Fallon sold 200,000 shares of INFN stock in August and September. CFO Ita M. Brennan sold 12,500 shares of INFN stock on 08/22/2013 at the average price of $10. Director Kenneth A. Goldman, President David F. Welch and Chief Legal and Admin Officer Michael O. Mccarthy III sold 241,547 shares of INFN stock in May, August and September.

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