Weekly CEO Sells Highlight: Regions Financial Corp, Netflix Inc, BlackRock Inc, and Axalta Coating Systems Ltd.

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Jul 25, 2015

According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Regions Financial Corp, Netflix Inc, BlackRock Inc, and Axalta Coating Systems Ltd.

Regions Financial Corp (RF, Financial): Chairman, President and CEO Grayson Hall sold 298,256 Shares

Chairman, President and CEO of Regions Financial Corp (RF, Financial) Grayson Hall sold 298,256 shares on 07/23/2015 at an average price of $10.75. Regions Financial Corp was formed in 1971 as First Alabama Bancshares Inc. Regions Financial Corp has a market cap of $14.15 billion; its shares were traded at around $10.56 with a P/E ratio of 13.73 and P/S ratio of 2.85. The dividend yield of Regions Financial Corp stocks is 1.99%.

Regions Financial Corp. reported its 2015 second quarter results. The Company announced net income of $285 million and revenues of $1.4 billion.

Chairman, President and CEO Grayson Hall sold 298,256 shares of RF stock on 07/23/2015 at the average price of 10.75. CFO David J Turner Jr sold 100,087 shares of RF stock on 07/24/2015 at the average price of 10.59. SEVP Ellen S. Jones, SEVP William D. Ritter, SEVP Barbara Godin, SEVP Cynthia M. Rogers, and SEVP John B Owen together sold 171,104 shares of RF stock in May, June, and July.

Netflix Inc (NFLX, Financial): CEO Reed Hastings sold 108,829 Shares

CEO of Netflix Inc (NFLX, Financial) Reed Hastings sold 108,829 shares on 07/21/2015 at an average price of $109.93. Netflix Inc was incorporated in Delaware on August 29, 1997 and began operations on April 14, 1998. Netflix Inc has a market cap of $46.58 billion; its shares were traded at around $109.34 with a P/E ratio of 246.30 and P/S ratio of 7.76. Netflix Inc had an annual average earnings growth of 44.00% over the past 10 years. GuruFocus rated Netflix Inc the business predictability rank of 5-star.

Netflix Inc. declared its 2015 second financial quarter results. The Company recognized net sales of $1.6 billion and net income of $26.3 million.

CEO Reed Hastings sold 261,735 shares of NFLX stock during the time from March to July. Director Jay C Hoag, Director Ann Mather, General Counsel David A Hyman, Chief Talent Officer Tawni Cranz, and Chief Product Officer Neil D Hunt sold 144,900 shares of NFLX stock in July.

BlackRock Inc (BLK, Financial): Chairman and CEO Laurence Fink sold 102,722 Shares

Chairman and CEO of BlackRock Inc (BLK, Financial) Laurence Fink sold 102,722 shares on 07/23/2015 at an average price of $350.44. BlackRock Inc was founded in 1988. It is a publicly traded investment management firm with employees in more than 30 countries who serve clients in over 100 countries. Blackrock Inc has a market cap of $56.2 billion; its shares were traded at around $341.41 with a P/E ratio of 17.34 and P/S ratio of 5.23. The dividend yield of Blackrock Inc stocks is 2.41%. Blackrock Inc had an annual average earnings growth of 20.70% over the past 10 years. GuruFocus rated Blackrock Inc the business predictability rank of 4-star.

BlackRock Inc. reported revenues of $2.9 billion and net earnings of $819 million in its 2015 second quarter financial report.

Chairman and CEO Laurence Fink sold 102,722 shares of BLK stock on 07/23/2015 at the average price of 350.44. Senior Managing Director Jeff A Smith and COO Robert L. Goldstein together sold 3,991 shares of BLK stock in February and May.

Axalta Coating Systems Ltd (AXTA, Financial): CEO Charles W Shaver sold 130,000 Shares

CEO of Axalta Coating Systems Ltd (AXTA, Financial) Charles W Shaver sold 130,000 shares during the past week at an average price of $32.46. Axalta Coating Systems Ltd was incorporated on August 24, 2012. Axalta Coating Systems Ltd has a market cap of $6.93 billion; its shares were traded at around $30.16 with a P/E ratio of 335.11 and P/S ratio of 1.60.

Axalta Coating Systems Ltd. announced its 2015 first quarter financial results with net sales of $1.0 billion and net income of $46.7 million.

CEO Charles W Shaver sold 93,000 shares of AXTA stock in June and July. EVP & CFO Robert W. Bryant sold 539,810 shares of AXTA stock in May and July. SVP & President, OEM Steven R. Markevich, Director Orlando Antonio Bustos, SVP & General Counsel Michael F. Finn, and SVP&Chief Human Resources Off. Joseph F. Mcdougall together sold 390,764 shares of AXTA stock in May and July.

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