Weekly CEO Sells Highlight: Atmel Corp, Wisconsin Energy Corp, ACI Worldwide Inc, and Avago Technologies Ltd

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Sep 08, 2014

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Atmel Corp, Wisconsin Energy Corp, ACI Worldwide Inc, and Avago Technologies Ltd

Atmel Corp (ATML, Financial): President & CEO Steven Laub sold 500,000 Shares

President & CEO of Atmel Corp (ATML, Financial) Steven Laub sold 500,000 shares on 09/04/2014 at an average price of $8.91. Atmel Corporation was originally incorporated in California in December 1984 and was reincorporated in Delaware in October 1999. Atmel Corp has a market cap of $3.66 billion; its shares were traded at around $8.76 with a P/E ratio of 100.70 and P/S ratio of 2.66.

Atmel Corp. reported their 2014 second quarter financial results. The Company announced revenues of $355.5 million and net income of $19.2 million.

President & CEO Steven Laub sold 500,000 shares of ATML stock on 09/04/2014 at the average price of 8.91. SVP, Chief Legal Officer Scott M Wornow and SVP, General Manager Robert E Jr Valiton sold 26,319 shares of ATML stock in May and August.

Wisconsin Energy Corp (WEC, Financial): Chairman and CEO Gale E Klappa sold 450,000 Shares

Chairman and CEO of Wisconsin Energy Corp (WEC, Financial) Gale E Klappa sold 450,000 shares on 08/29/2014 at an average price of $45.09. Wisconsin Energy Corporation was incorporated in the State of Wisconsin in 1981 and became a holding company in 1986. Wisconsin Energy Corp has a market cap of $10.28 billion; its shares were traded at around $45.57 with a P/E ratio of 16.70 and P/S ratio of 2.09. The dividend yield of Wisconsin Energy Corp stocks is 3.41%. Wisconsin Energy Corp had an annual average earnings growth of 6.00% over the past 10 years. GuruFocus rated Wisconsin Energy Corp the business predictability rank of 2.5-star.

Wisconsin Energy Corp. reported their 2014 second quarter results with revenues of $1.04 billion and net income of $133.0 million.

Chairman and CEO Gale E Klappa sold 450,000 shares of WEC stock on 08/29/2014 at the average price of 45.09. President Allen L Leverett and Director Barbara L Bowles sold 118,110 shares of WEC stock in August.

ACI Worldwide Inc (ACIW, Financial): CEO and President Philip G Heasley sold 273,407 Shares

CEO and President of ACI Worldwide Inc (ACIW, Financial) Philip G Heasley sold 273,407 shares on 09/04/2014 at an average price of $19.58. ACI Worldwide, Inc., was formed as a Delaware corporation in November 1993 under the name ACI Holding, Inc. Aci Worldwide Inc has a market cap of $2.22 billion; its shares were traded at around $19.49 with a P/E ratio of 32.90 and P/S ratio of 2.35. ACI Worldwide Inc had an annual average earnings growth of 12.30% over the past 10 years.

ACI Worldwide Inc. announced their 2014 quarter results with Non-GAAP revenues of $255 million and net income of $11 million.

CEO and President Philip G Heasley sold 273,407 shares of ACIW stock on 09/04/2014 at the average price of 19.58. Director John D Curtis, Director Harlan F Seymour, Director John E Stokely, and Director John M Shay Jr sold 491,525 shares of ACIW stock in May and August.

Avago Technologies Ltd (AVGO, Financial): President and CEO Hock E Tan sold 240,000 Shares

President and CEO of Avago Technologies Ltd (AVGO, Financial) Hock E Tan sold 240,000 shares on 09/03/2014 at an average price of $85.37. Avago Technologies Limited was incorporated under the laws of the Republic of Singapore in August 2005. Avago Technologies Ltd has a market cap of $22.12 billion; its shares were traded at around $87.88 with a P/E ratio of 37.00 and P/S ratio of 8.03. The dividend yield of Avago Technologies Ltd stocks is 1.18%. Avago Technologies Ltd had an annual average earnings growth of 29.20% over the past 5 years.

Avago Technologies Ltd. reported revenues of $1.3 billion and net loss of $164 million for their 2014 third fiscal quarter results.

President and CEO Hock E Tan sold 296,059 shares of AVGO stock in March and September.CFO Anthony E. Maslowski sold 2,500 shares of AVGO stock on 03/13/2014 at the average price of 63.82. Director Bruno Guilmart, SVP WORLDWIDE SALES Charlie B Kawwas, VP & General Counsel Patricia H Mccall, and SVP & COO Bryan Ingram sold 152,858 shares of AVGO stock in March, June, and September.

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