According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Patrick Industries Inc., Microsemi Corp., ServiceNow Inc., and Sharps Compliance Corp.
Patrick Industries (PATK, Financial): President & CEO Todd M Cleveland sold 125,862 Shares
President & CEO of Patrick Industries (PATK, Financial) Todd M Cleveland sold 125,862 shares during the past week at an average price of $44.49. Patrick Industries was founded in 1959 and incorporated in Indiana in 1961. Patrick Industries has a market cap of $684.981 million; its shares were traded at around $44.33 with a P/E ratio of 19.32 and P/S ratio of 0.84. Patrick Industries had an annual average earnings growth of 56.10% over the past five years.
Patrick Industries announced its 2015 second financial quarter results. The company declared net sales of $233.5 million and net earnings of $12.1 million.
President & CEO Todd M Cleveland sold 125,862 shares of PATK stock in Setpember. Director Scott Welch bought 10,000 shares of PATK stock on Aug. 3 at the average price of $36. Ten percent owner Jeffrey L Gendell sold 77,364 shares of PATK stock on Sept. 9 at the average price of $44.88.
Microsemi (MSCC, Financial): Chairman of the Board & CEO James J Peterson sold 144,480 Shares
Chairman of the Board & CEO of Microsemi (MSCC, Financial) James J Peterson sold 144,480 shares during the past week at an average price of $31.86. Microsemi was incorporated in Delaware in 1960. Microsemi has a market cap of $3.17 billion; its shares were traded at around $33.26 with a P/E ratio of 35.12 and P/S ratio of 2.64. Microsemi had an annual average earnings growth of 15.40% over the past 10 years.
Microsemi recognized revenues of $317.1 million and net income of $65.3 million in its 2015 third fiscal quarter report.
Chairman of the Board & CEO James J Peterson sold 197,808 shares of MSCC stock in June, July, and September. EVP & CFO John W Hohener sold 70,000 shares of MSCC stock in May and June. Director Thomas Robert Anderson and EVP & Chief Strategy Officer Steven G Litchfield together sold 86,800 shares of MSCC stock in May, June and August.
ServiceNow (NOW, Financial): President & CEO Frank Slootman sold 75,175 Shares
President & CEO of ServiceNow Inc (NOW, Financial) Frank Slootman sold 75,175 shares on Sept. 3 at an average price of $71.16. ServiceNow was incorporated as Glidesoft in California in June 2004 and in May 2012, the company reincorporated into Delaware as ServiceNow. Servicenow has a market cap of $11.49 billion; its shares were traded at around $73.60 with and P/S ratio of 13.24.
ServiceNow reported its 2015 second quarter results with net sales of $246.7 million and net loss of $61.9 million.
President & CEO Frank Slootman sold 600,000 shares of NOW stock altogether from June to September. COO Daniel Mcgee, Director Ronald E F Codd, and Chief Revenue Officer David Schneider together sold 77,465 shares of NOW stock in August and September.
Sharps Compliance (SMED, Financial): CEO and President David P Tusa sold 81,625 Shares
CEO and President of Sharps Compliance Corp (SMED, Financial) David P Tusa sold 81,625 shares during the past week at an average price of $7.34. Sharps Compliance Corp was incorporated in Delaware in November 1992. Sharps Compliance has a market cap of $138.481 million; its shares were traded at around $9.00 with a P/E ratio of 113.88 and P/S ratio of 4.53.
Sharps Compliance declared its 2015 second quarter results. The Company released net sales of $9.0 million and net income of $1.3 million.
CEO and President David P Tusa sold 81,625 shares of SMED stock in September. Vice President & CFO Diana P Diaz sold 15,000 shares of SMED stock on Sept. 1 at the average price of $7.45. Senior Vice-President of Sales Brandon Beaver sold 22,500 shares of SMED stock on Sept. 10 at the average price of $8.45.
For the complete list of stocks that bought by their CEOs, go to: Insider Buys.
