Weekly CEO Sells Highlight: Shutterstock Inc., Autodesk Inc., Chefs Warehouse Holdings LLC, Zix Corporation

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Sep 29, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Shutterstock Inc, Autodesk Inc, Chefs Warehouse Holdings LLC, Zix Corporation

Shutterstock Inc. (SSTK, Financial): CEO, 10% Owner Jonathan Oringer Sold 2,530,000 Shares

CEO, 10% Owner of Shutterstock Inc (SSTK) Jonathan Oringer sold 2,530,000 shares on 09/25/2013 at an average price of $57.3. Shutterstock Inc has a market cap of $2.53 billion; its shares were traded at around $72.87 with a P/E ratio of 44.05 and P/S ratio of 10.76.

Shutterstock Inc. reported their 2013 second quarter financial results. The Company announced net income of $6.9 million and revenues of $56.8 million.

CEO, 10% Owner Jonathan Oringer sold 2,530,000 shares of SSTK stock on 09/25/2013 at the average price of 57.3. President and COO Thilo Semmelbauer sold 15,000 shares of SSTK stock in July, August, and September.

Autodesk Inc. (ADSK, Financial): President and CEO Carl Bass Sold 400,000 Shares

President and CEO of Autodesk, Inc. (ADSK) Carl Bass sold 400,000 shares on 09/26/2013 at an average price of $42. Autodesk, Inc. has a market cap of $9.32 billion; its shares were traded at around $41.83 with a P/E ratio of 43.48 and P/S ratio of 4.10. Autodesk, Inc. had an annual average earnings growth of 5.8% over the past 10 years.

Autodesk Inc. declared their 2013 second quarter results with revenues of $562 million and net income of $61.7 million.

President and CEO Carl Bass sold 400,000 shares of ADSK stock on 09/26/2013 at the average price of 42. Exec. VP and CFO Mark J Hawkins sold 57,982 shares of ADSK stock in May and July. Sr VP, Human Res, Corp RE Jan Becker, Director Crawford W Beveridge, and Sr. VP, Gen'l Counsel & Secy Fronzo Pascal W Di sold 58,104 shares of ADSK stock in June, August, and September.

Chefs Warehouse Holdings LLC (CHEF, Financial): President and CEO, 10% Owner Christopher Pappas sold 337,500 Shares

President and CEO, 10% Owner of Chefs Warehouse Holdings LLC (CHEF) Christopher Pappas sold 337,500 shares on 09/25/2013 at an average price of $19.95. Chefs Warehouse Holdings LLC has a market cap of $578.847 million; its shares were traded at around $22.98 with a P/E ratio of 31.55 and P/S ratio of 0.83.

Chefs Warehouse Holdings LLC announced revenues of $170.2 million and net income of $5.3 million for their 2013 second financial quarter.

President and CEO, 10% Owner Christopher Pappas sold 337,500 shares of CHEF stock on 09/25/2013 at the average price of 19.95. Director Stephen P Hanson, Director Alan C. Guarino, aand Director Joseph M. Cugine bought 33,000 shares of CHEF stock on 09/25/2013. Vice Chairman John Pappas and Chief Human Resources Officer Patricia Lecouras sold 1,044,500 shares of CHEF stock in May and September.

Zix Corporation (ZIXI, Financial): Chairman/CEO Richard Spurr Sold 315,000 Shares

Chairman/CEO of Zix Corporation (ZIXI) Richard Spurr sold 315,000 shares on 09/20/2013 at an average price of $4.85. Zix Corporation has a market cap of $303.174 million; its shares were traded at around $4.89 with a P/E ratio of 36.63 and P/S ratio of 6.61.

Zix Corporation declared their 2013 second quarter results with revenues of $11.8 million and GAAP net income of $1.9 million.

Chairman/CEO Richard Spurr sold 315,000 shares of ZIXI stock on 09/20/2013 at the average price of 4.85. CFO Michael W English sold 5,130 shares of ZIXI stock on 08/20/2013 at the average price of $4.44. Director Michael E. Dailey bought 6,000 shares of ZIXI stock from June to September.

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