Weekly CEO Sells Highlight: Host Hotels & Resorts Inc., Alliance Fiber Optic Products Inc., ePlus Inc. and Inteliquent Inc.

Author's Avatar
May 12, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Host Hotels and Resorts Inc., Alliance Fiber Optic Products Inc., Eplus Inc. and Inteliquent Inc.

Host Hotels & Resorts Inc. (HST, Financial): President and CEO W. Edward Walter Sold 200,000 Shares

President and CEO of Host Hotels & Resorts Inc. (HST, Financial) W. Edward Walter sold 200,000 shares on 05/06/2014 at an average price of $21.31. Host Hotels & Resorts Inc. is a Maryland corporation that operates as a self-managed and self-administered real estate investment trust, or REIT. Host Hotels & Resorts Inc. has a market cap of $16.22 billion; its shares were traded at around $21.43 with a P/E ratio of 49.50 and P/S ratio of 3.09. The dividend yield of Host Hotels & Resorts Inc. stocks is 2.33%. Host Hotels & Resorts In.c had an annual average earnings growth of 7.0% over the past five years.

Host Hotels & Resorts Inc. announced their 2014 first quarter results. The company reported revenues of $1.3 billion and net income of $185 million.

President and CEO W. Edward Walter sold 300,000 shares of HST stock in December and May. EVP and General Counsel Elizabeth A. Abdoo sold 50,000 shares of HST stock on 03/13/2014 at the average price of $20.25.

Alliance Fiber Optic Products Inc. (AFOP, Financial): Chairman, President and CEO Peter C. Chang sold 200,000 Shares

Chairman, President and CEO of Alliance Fiber Optic Products Inc. (AFOP, Financial) Peter C. Chang sold 200,000 shares on 05/01/2014 at an average price of $20.02. Alliance Fiber Optic Products Inc. was incorporated in California in December 1995 and was reincorporated in Delaware in October 2000. Alliance Fiber Optic Products Inc. has a market cap of $322.665 million; its shares were traded at around $17.51 with a P/E ratio of 17.50 and P/S ratio of 4.32. The dividend yield of Alliance Fiber Optic Products Inc. stocks is 0.86%. Alliance Fiber Optic Products Inc. had an annual average earnings growth of 56.70% over the past five years.

Alliance Fiber Optic Products Inc. announced its million.

Chairman, President and CEO Peter C. Chang sold 200,000 shares of AFOP stock on 05/01/2014 at the average price of $20.02. Acting CFO Anita K. Ho sold 40,594 shares of AFOP stock from March to May. Director Gwong Yih Lee, Executive Vice President, Sales and Marketing David A. Hubbard, Director Ray Rei-kung Sun and Director James Yeh sold 53,000 shares of AFOP stock from November to May.

ePlus Inc. (PLUS, Financial): President and CEO, 10% Owner Phillip G. Norton Sold 198,730 Shares

President and CEO, 10% Owner of ePlus Inc. (PLUS, Financial) Phillip G. Norton sold 198,730 shares on 05/05/2014 at an average price of $47.5. ePlus Inc. was founded in 1990 and is a Delaware corporation and began using the name ePlus inc. ePlus Inc. has a market cap of $401.106 million; its shares were traded at around $49.74 with a P/E ratio of 11.50 and P/S ratio of 0.38. ePlus Inc. had an annual average earnings growth of 6.70% over the past 10 years. GuruFocus rated ePlus Inc. the business predictability rank of 2-star.

ePlus Inc. announced their third quarter financial results. The company reported revenues of $267.2 million and net earnings of $10.6 million.

President and CEO, 10% Owner Phillip G. Norton sold 198,730 shares of PLUS stock on 05/05/2014 at the average price of $47.5. CFO Elaine D. Marion sold 6,600 shares of PLUS stock on 12/12/2013 at the average price of $54. Director Bruce M. Bowen, Director Terrence Odonnell, Senior Vice President Steven J. Mencarini, and COO Mark P. Marron sold 233,485 shares of PLUS stock from January to May.

Inteliquent Inc. (IQNT, Financial): CEO G. Edward Evans Sold 179,192 Shares

CEO of Inteliquent Inc. (IQNT, Financial) G. Edward Evans sold 179,192 shares on 05/07/2014 at an average price of $14.52. Inteliquent Inc. provides wholesale voice services for carriers and service providers. Inteliquent Inc. has a market cap of $468.794 million; its shares were traded at around $14.45 with a P/E ratio of 8.50 and P/S ratio of 2.10. The dividend yield of Inteliquent Inc stocks is 1.82%.

Inteliquent Inc. reported revenues of $56.2 million and net income of $9.2 million for their 2014 first quarter results.

CEO G. Edward Evans sold 179,192 shares of IQNT stock on 05/07/2014 at the average price of $14.52. G. GC and Corporate Secretary Richard Monto, SVP, Regulatory and Litigation John Harrington, Director Timothy A. Samples, Director Edward Greenberg, and VP and Controller Eric Reed Carlson sold 41,466 shares of IQNT stock from February to May.

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