Weekly Insider Sells Highlight: FLT, KERX, KOG, MEI, HTZ

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Jan 06, 2014

According to GuruFocus Insider Data, the top insider sells for the past week were: Fleetcor Technologies Inc., Keryx Biopharmaceuticals Inc., Kodiak Oil & Gas Corp., Methode Electronics Inc. and Hertz Global Holdings Inc.

The overall trend of insiders is illustrated in the chart below:

Fleetcor Technologies Inc. (FLT, Financial): President, Developing Markets Charles Richard Freund Sold 75,000 Shares

President, Developing Markets of Fleetcor Technologies Inc. (FLT, Financial) Charles Richard Freund sold 75,000 shares on 12/31/2013 at an average price of $116.07.

FleetCor Technologies Inc. is a Delaware corporation. Fleetcor Technologies Inc. has a market cap of $9.55 billion; its shares were traded at around $116.07 with a P/E ratio of 35.50 and P/S ratio of 11.70.

Fleetcor Technologies Inc. has released its third quarter 2013 results. GAAP total revenues increased 20% to $225.2 million compared to $186.9 million the third quarter of 2012. Net income increased 32% to $78.6 million compared to $59.6 million last year.

Keryx Biopharmaceuticals Inc. (KERX, Financial): CFO James F. Oliviero III Sold 109,500 Shares

CFOÂ James F. Oliviero IIIÂ sold 109,500 shares of KERX stock on 12/30/2013 at the average price of $12.64. James F. Oliviero III owns at least 476,429 shares after this. The price of the stock has decreased by 3.32% since.

Keryx Biopharmaceuticals Inc. has a market cap of $1.01 billion; its shares were traded at around $12.22 with and P/S ratio of 135.90.

The company reported a third quarter net loss of $15.7 million ($0.19 per share) compared to a net loss of $5.5 million ($0.08 per share) in the prior year quarter.

Kodiak Oil & Gas Corp. (KOG, Financial): CFO, Secretary and Treasurer James P. Henderson Sold 100,000 Shares

CFO, Secretary and Treasurer James P. Henderson sold 100,000 shares of KOG stock on 12/27/2013 at the average price of $11.25. James P. Henderson owns at least 364,780 shares after this. The price of the stock has decreased by 5.6% since.

Kodiak Oil & Gas Corp. is an independent energy company engaged in the exploration, exploitation, acquisition and production of crude oil and natural gas in the U.S. Kodiak Oil & Gas Corp. has a market cap of $2.83 billion; its shares were traded at around $10.62 with a P/E ratio of 21.90 and P/S ratio of 3.70. Kodiak Oil & Gas Corp. had an annual average earnings growth of 124.70% over the past five years.

Kodiak Oil & Gas Corp. reported third quarter 2013 oil and gas sales of $299.6 million, an increase of 167% over the prior year quarter and adjusted EBITDA of $214.1 million, an increase from the $89.1 million reported last year. Third quarter net income was $31.2 million ($0.12 per diluted share).

Chairman, President and CEO Lynn A. Peterson sold 499,190 shares of KOG stock on 12/27/2013 at the average price of $11.28. Executive VP Exploration Russ D. Cunningham sold 26,475 shares of KOG stock on 12/27/2013 at the average price of $11.26.

Methode Electronics Inc. (MEI, Financial): CFO Douglas A. Koman Sold 60,000 Shares

CFO Douglas A. Koman sold 60,000 shares of MEI stock on 12/31/2013 at the average price of $34.13. Douglas A. Koman owns at least 203,418 shares after this. The price of the stock has increased by 3.34% since.

Methode Electronics Inc. has a market cap of $1.32 billion; its shares were traded at around $35.27 with a P/E ratio of 28.60 and P/S ratio of 2.20. The dividend yield of Methode Electronics Inc. stocks is 0.80%.

The company has released its second quarter 2014 results ended Oct. 26, 2013. Net sales for this quarter grew 47.1% year over year to $190.9 million. Net income decreased to $19.8 million from $23.4 million a year ago.

CEO Donald W. Duda sold 139,310 shares of MEI stock on 12/11/2013 at the average price of $35.13.

Hertz Global Holdings Inc. (HTZ, Financial): Former Senior Executive VP and CFO Elyse Douglas Sold 40,000 Shares

Former Sr Executive VP and CFO Elyse Douglas sold 40,000 shares of HTZ stock on 12/31/2013 at the average price of $28. Elyse Douglas owns at least 143,599 shares after this. The price of the stock has increased by 0.82% since.

Hertz Global Holdings Inc. was incorporated in Delaware in 2005 to serve as the top-level holding company for the consolidated Hertz business. Hertz Global Holdings Inc. has a market cap of $12.67 billion; its shares were traded at around $28.23 with a P/E ratio of 40.70 and P/S ratio of 1.30. Hertz Global Holdings Inc. had an annual average earnings growth of 14.80% over the past 10 years.

For the complete list of stocks that were bought/sold by their company executives, go to: Insider Buys.