According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Cisco Systems Inc, AmerisourceBergen Corp, PAETEC HOLDING CORP, Endologix Inc, and Associated Estates Realty Corp.
On May 12, Cisco, reported its third quarter results for the period ended May 1, 2010. Cisco reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share.
Chairman and CEO John T Chambers sold 5,292,273 shares of CSCO stock February, March, and May. SVP, LglSrvs, GenCnsl & Secty Mark D Chandler, EVP, Worldwide Operations Robert Wayne Lloyd, and EVP, Ops, Processes & Systems Randall E Pond togehter sold 427,702 shares of CSCO stock in March. EVP, Cisco Services and CGO Wim Elfrink sold 336,200 shares of CSCO stock in March.
On May 13, The Board of Directors of AmerisourceBergen Corporation declared a cash dividend of $0.08 per share on Common Stock, payable June 7, 2010 to stockholders of record at the close of business on May 24, 2010.
CEO R David Yost sold 408,762 shares of ABC stock on 05/17/2010 at the average price of 31.34, the price of the stock has decreased by 1.63% since. Executive Vice President Steven H Collis sold 143 shares of ABC stock on 05/18/2010 at the average price of 31.44, the price of the stock has decreased by 1.94% since. Director Jane E Md Henney sold 31,792 shares of ABC stock in April and May. Director Richard C Gozon and Edward E Hagenlocker together sold 49,722 shares of ABC stock in April and May.
On March 6, PAETEC Holding Corp. announced first quarter 2010 financial and operating results. The company announced that the revenue was $390.1 million, net loss was $9.5 million, net cash was $7.8 million, and cash balance of $144.3 million at March 31, 2010.
Chairman and CEO Arunas A Chesonis sold 290,900 shares of PAET stock on 05/18/2010 at the average price of 4.6, the price of the stock has decreased by 12.17% since. Senior Vice President Laurie L. Zaucha, EVP Edward J Butler Jr, and Director H Russell Frisby Jr sold 165,846 shares of PAET stock in April. Director Richard T Aab sold 288,218 shares of PAET stock in March.
On April 22, Endologix, Inc. announced financial results for the three months ended March 31, 2010. The company announced that the total revenue in the first quarter of 2010 was $14.5 million, the gross profit was $11.1 million, the total operating expenses were $11.3 million, net loss was $225,000, and the total cash and cash equivalents were $22.6 million.
CEO John D Mcdermott sold 225,000 shares of ELGX stock on 05/14/2010 at the average price of 5.01, the price of the stock has decreased by 13.17% since. 10% Owner International, L. P. Elliott bought 69,440 shares of ELGX stock in March. Director Gregory D Waller sold 40,000 shares of ELGX stock on 05/13/2010 at the average price of 5.23, the price of the stock has decreased by 16.83% since.
Associated Estates Realty Corporation reported funds from operations (FFO) for the first quarter ended March 31, 2010 of $0.20 per common share (basic and diluted), compared with $0.36 per common share (basic and diluted), for the first quarter ended March 31, 2009. FFO as adjusted for the first quarter of 2010 was $0.18 per common share (basic and diluted) after adjusting for a credit to expense of $554,000 or approximately $0.02 per common share for a refund of defeasance costs on certain previously defeased loans. FFO as adjusted for the first quarter of 2009 was $0.32 per common share (basic and diluted) after adjusting for a credit to expense of $563,000 or $0.04 per common share.
Chairman, President & CEO Jeffrey I Friedman sold 272,009 shares of AEC stock in December and May. CFO Lou Fatica sold 75,316 shares of AEC stock in May. Director Richard T Schwarz and Mark L Milstein together sold 10,000 shares of AEC stock in Decmeber and May. VP, Secretary& General Counsel Martin A Fishman sold 109,062 shares of AEC stock in December and May.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
Cisco Systems Inc. (CSCO, Financial): Chairman and CEO John T Chambers sold 1,272,273 Shares
Chairman and CEO of Cisco Systems Inc. (CSCO) John T Chambers sold 1,272,273 shares on 05/18/2010 at an average price of $24.61. Cisco Systems, Inc. is a networking system for the Internet. Cisco Systems Inc. has a market cap of $134.32 billion; its shares were traded at around $23.46 with a P/E ratio of 18.2 and P/S ratio of 3.7. Cisco Systems Inc. had an annual average earning growth of 20% over the past 10 years. GuruFocus rated Cisco Systems Inc. the business predictability rank of 3.5-star.On May 12, Cisco, reported its third quarter results for the period ended May 1, 2010. Cisco reported third quarter net sales of $10.4 billion, net income on a generally accepted accounting principles basis of $2.2 billion or $0.37 per share, and non-GAAP net income of $2.5 billion or $0.42 per share.
Chairman and CEO John T Chambers sold 5,292,273 shares of CSCO stock February, March, and May. SVP, LglSrvs, GenCnsl & Secty Mark D Chandler, EVP, Worldwide Operations Robert Wayne Lloyd, and EVP, Ops, Processes & Systems Randall E Pond togehter sold 427,702 shares of CSCO stock in March. EVP, Cisco Services and CGO Wim Elfrink sold 336,200 shares of CSCO stock in March.
AmerisourceBergen Corp. (ABC, Financial): CEO R David Yost sold 408,762 Shares
CEO of AmerisourceBergen Corp. (ABC) R David Yost sold 408,762 shares on 05/17/2010 at an average price of $31.34. AmerisourceBergen Corporation is a pharmaceutical service company serving the United States, Canada and selected global markets. Amerisourcebergen Corp. has a market cap of $8.71 billion; its shares were traded at around $30.83 with a P/E ratio of 15.3 and P/S ratio of 0.1. The dividend yield of Amerisourcebergen Corp. stocks is 1%. Amerisourcebergen Corp. had an annual average earning growth of 13.7% over the past 10 years. GuruFocus rated Amerisourcebergen Corp. the business predictability rank of 3.5-star.On May 13, The Board of Directors of AmerisourceBergen Corporation declared a cash dividend of $0.08 per share on Common Stock, payable June 7, 2010 to stockholders of record at the close of business on May 24, 2010.
CEO R David Yost sold 408,762 shares of ABC stock on 05/17/2010 at the average price of 31.34, the price of the stock has decreased by 1.63% since. Executive Vice President Steven H Collis sold 143 shares of ABC stock on 05/18/2010 at the average price of 31.44, the price of the stock has decreased by 1.94% since. Director Jane E Md Henney sold 31,792 shares of ABC stock in April and May. Director Richard C Gozon and Edward E Hagenlocker together sold 49,722 shares of ABC stock in April and May.
PAETEC HOLDING CORP. (PAET, Financial): Chairman and CEO Arunas A Chesonis sold 290,900 Shares
Chairman and CEO of PAETEC HOLDING CORP. (PAET) Arunas A Chesonis sold 290,900 shares on 05/18/2010 at an average price of $4.6. PAETEC HOLDINGS CORP. delivers personalized communications solutions and unmatched service to business-class customers in 84 of the nation's top 100 metropolitan areas. Paetec Holding Corp. has a market cap of $587.9 million; its shares were traded at around $4.04 with and P/S ratio of 0.4.On March 6, PAETEC Holding Corp. announced first quarter 2010 financial and operating results. The company announced that the revenue was $390.1 million, net loss was $9.5 million, net cash was $7.8 million, and cash balance of $144.3 million at March 31, 2010.
Chairman and CEO Arunas A Chesonis sold 290,900 shares of PAET stock on 05/18/2010 at the average price of 4.6, the price of the stock has decreased by 12.17% since. Senior Vice President Laurie L. Zaucha, EVP Edward J Butler Jr, and Director H Russell Frisby Jr sold 165,846 shares of PAET stock in April. Director Richard T Aab sold 288,218 shares of PAET stock in March.
Endologix Inc (ELGX, Financial): CEO John D Mcdermott sold 225,000 Shares
CEO of Endologix Inc (ELGX) John D Mcdermott sold 225,000 shares on 05/14/2010 at an average price of $5.01. Endologix, Inc. develops, manufactures and markets products for the treatment of coronary and vascular diseases. Endologix Inc has a market cap of $211.7 million; its shares were traded at around $4.35 with and P/S ratio of 4.On April 22, Endologix, Inc. announced financial results for the three months ended March 31, 2010. The company announced that the total revenue in the first quarter of 2010 was $14.5 million, the gross profit was $11.1 million, the total operating expenses were $11.3 million, net loss was $225,000, and the total cash and cash equivalents were $22.6 million.
CEO John D Mcdermott sold 225,000 shares of ELGX stock on 05/14/2010 at the average price of 5.01, the price of the stock has decreased by 13.17% since. 10% Owner International, L. P. Elliott bought 69,440 shares of ELGX stock in March. Director Gregory D Waller sold 40,000 shares of ELGX stock on 05/13/2010 at the average price of 5.23, the price of the stock has decreased by 16.83% since.
Associated Estates Realty Corp. (AEC, Financial): Chairman, President & CEO Jeffrey I Friedman sold 218,020 Shares
Chairman, President & CEO of Associated Estates Realty Corp. (AEC) Jeffrey I Friedman sold 218,020 shares during the past week at an average price of $13.42. Associated Estates Realty Corporation is a self-administered and self-managed equity real estate investment trust. Associated Estates Realty Corp. has a market cap of $302.6 million; its shares were traded at around $13.54 with and P/S ratio of 2.3. The dividend yield of Associated Estates Realty Corp. stocks is 5%.Associated Estates Realty Corporation reported funds from operations (FFO) for the first quarter ended March 31, 2010 of $0.20 per common share (basic and diluted), compared with $0.36 per common share (basic and diluted), for the first quarter ended March 31, 2009. FFO as adjusted for the first quarter of 2010 was $0.18 per common share (basic and diluted) after adjusting for a credit to expense of $554,000 or approximately $0.02 per common share for a refund of defeasance costs on certain previously defeased loans. FFO as adjusted for the first quarter of 2009 was $0.32 per common share (basic and diluted) after adjusting for a credit to expense of $563,000 or $0.04 per common share.
Chairman, President & CEO Jeffrey I Friedman sold 272,009 shares of AEC stock in December and May. CFO Lou Fatica sold 75,316 shares of AEC stock in May. Director Richard T Schwarz and Mark L Milstein together sold 10,000 shares of AEC stock in Decmeber and May. VP, Secretary& General Counsel Martin A Fishman sold 109,062 shares of AEC stock in December and May.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
