Weekly Insider Sells Highlight: ARMK, INCY, ESC, HUN

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Jun 08, 2014

According to GuruFocus Insider Data, the largest insider sells during the past week were: Aramark, Incyte Corp Ltd, Emeritus Corp, and Huntsman Corp.

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

Aramark (ARMK, Financial): CFO L Frederick Sutherland sold 200,000 Shares

EVP and CFO L Frederick Sutherland sold 200,000 shares of ARMK stock on 06/04/2014 at the average price of $24.54. L Frederick Sutherland owns at least 1,284,376 shares after this. The price of the stock has increased by 9.05% since.

Aramark has a market cap of $6.19 billion; its shares were traded at around $26.76 with a P/E ratio of 102.90 and P/S ratio of 0.40. The dividend yield of Aramark stocks is 0.56%.

Aramark reported second quarter 2014 sales of $3.5 billion and adjusted operating income of $197.8 million. This compares to sales of $3.4 billion and adjusted operating income of $187.3 million in the second quarter of 2013. Adjusted net income was $75.2 million versus $53.6 million a year ago.

Director Todd M Abbrecht sold 5,039,421 shares of ARMK stock on 06/04/2014 at the average price of $24.54. Director, 10% Owner H. Lee Advisors, Llc Thomas, and multiple other insiders also recently sold shares of ARMK stock.

Incyte Corp Ltd (INCY, Financial): CFO David C Hastings sold 200,000 Shares

CFO David C Hastings sold 200,000 shares of INCY stock on 06/05/2014 at the average price of $52.73. David C Hastings owns at least 8,500 shares after this. The price of the stock has decreased by 1.08% since.

Incyte Corp Ltd was incorporated in Delaware in 1991. Incyte Corp Ltd has a market cap of $8.74 billion; its shares were traded at around $52.16 with and P/S ratio of 21.73.

The company reported first quarter 2014 net loss of $34 million ($0.21 per share), compared to net loss of $15.7 million ($0.12 per share) for the same quarter of 2013.

Emeritus Corp (ESC, Financial): EVP Finance & CFO Robert C Bateman Sold 155,512 Shares

EVP Finance & CFO Robert C Bateman sold 155,512 shares of ESC stock on 05/29/2014 at the average price of $31.09. Robert C Bateman owns at least 83,656 shares after this. The price of the stock has increased by 3.76% since.

Emeritus Corporation is a Washington Corporation founded in 1993. Emeritus Corp has a market cap of $1.58 billion; its shares were traded at around $32.26 with and P/S ratio of 0.76. Emeritus Corp had an annual average earnings growth of 4.10% over the past 10 years.

Emeritus Corp reported a first quarter 2014 net loss of $49 million, compared to net loss of $39.6 million in the prior year quarter. The company’s community, ancillary services and management fee revenue increased 11% to $514.5 million.

Multiple other insiders also recently sold shares of ESC stock.

Huntsman Corp (HUN, Financial): Exec VP and CFO J Kimo Esplin Sold 56,883 Shares

Exec VP and CFO J Kimo Esplin sold 56,883 shares of HUN stock on 06/03/2014 at the average price of $27. J Kimo Esplin owns at least 462,562 shares after this. The price of the stock has increased by 6.37% since.

Huntsman Corporation a Delaware corporation was formed in 2004 to hold the Huntsman businesses. Huntsman Corp has a market cap of $6.97 billion; its shares were traded at around $28.72 with a P/E ratio of 34.20 and P/S ratio of 0.63. The dividend yield of Huntsman Corp stocks is 1.74%. Huntsman Corp had an annual average earnings growth of 25.00% over the past 5 years.

Huntsman Corp generated first quarter 2014 EBITDA of $329 million compared to $220 million a year ago. Adjusted EPS was $0.43 compared with $0.19 last year, and net income was $54 million compared to net loss of $24 million in the first quarter of 2013.

CEO Asia Pacific and Div Pres Anthony P Hankins sold 157,483 shares of HUN stock on 06/06/2014 at the average price of $28.

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