According to
GuruFocus Insider Data
, these are the largest CEO sales during the past week: Northeast
Utilities, Prime Estates & Developments Inc., Mosaic Capital
Corp. and Wesco International Inc.
Northeast Utilities (
NU
): President, CEO and Trustee Thomas J. May Sold 1,049,600
Shares
President, CEO and Trustee of Northeast Utilities (
NU
) Thomas J. May sold 1,049,600 shares during the past week at an
average price of $39.55. Northeast Utilities is the parent
company of the Northeast Utilities system. Northeast Utilities
has a market cap of $12.23 billion; its shares were traded at
around $38.95 with a P/E ratio of 17.24 and P/S ratio of 2.74.
The dividend yield of Northeast Utilities stocks is 3.52%.
Northeast Utilities had an annual average earnings growth of 8.5%
over the past five years.
Northeast Utilities reported net earnings of $44.3 million for
their 2012 second quarter results.
President, CEO and Trustee
Thomas J. May
sold 1,049,600 shares of NU stock on 10/18/2012. Executive Vice
President and CFO
James J. Judge
sold 179,744 shares of NU stock on 10/17/2012 at the average
price of $39.5. Executive Vice President and Chief Administrative
Officer
David R. Mchale
, Vice President, Controller, Chief Accounting Officer Jay S.
Buth and Senior Vice President Corporate Relations Joseph R.
Nolan Jr. sold 33,086 shares of NU stock in May and August.
Prime Estates & Developments Inc. (
PMLT
): CEO, 10% Owner Panagiotis Drakopoulos Sold 350,000
Shares
CEO, 10% Owner of Prime Estates & Developments Inc. (
PMLT
) Panagiotis Drakopoulos sold 350,000 shares on 10/25/2012 at an
average price of $0.04.
CEO Panagiotis Drakopoulos sold 543,500 shares of PMLT stock in
October. CFO, 10% Owner Vasileios Mavrogiannis sold 543,500
shares of PMLT stock in October.
Mosaic Capital Corp (
M
): Chairman, CEO and President Terry J. Lundgren Sold 215,247
Shares
Chairman, CEO and President of Mosaic Capital Corp. (
M
) Terry J. Lundgren sold 215,247 shares on 10/18/2012 at an
average price of $41.01. Federated Department Stores, through its
subsidiaries, is one of the operators of full-line department
stores in the U.S. Mosaic Capital Corp. has a market cap of
$15.49 billion; its shares were traded at around $38.48 with a
P/E ratio of 12.33 and P/S ratio of 0.59. The dividend yield of
Mosaic Capital Corp. stocks is 2.08%. Mosaic Capital Corp. had an
annual average earnings growth of 1.6% over the past 10 years.
GuruFocus rated Mosaic Capital Corp. the business predictability
rank of 2-star.
Mosaic Capital Corp reported their 2012 second quarter financial
results. The company reported revenues of $15.3 million.
Chairman, CEO and President Terry J. Lundgren sold 215,247 shares
of M stock on 10/18/2012 at the average price of $41.01. CFO
Karen M. Hoguet sold 25,000 shares of M stock on 08/28/2012 at
the average price of $40. Chief Stores Officer Peter R. Sachse,
Director Marna C. Whittington� Chief Private Brand
Officer Tim M. Adams and Executive Vice President David Wm Clark
sold 98,000 shares of M stock from July to October.
Wesco International Inc. (
WCC
): Chairman, President and CEO John Engel Sold 150,000
Shares
Chairman, President and CEO of Wesco International Inc. (
WCC
) John Engel sold 150,000 shares on 10/26/2012 at an average
price of $62.72. Wesco International Inc. is a provider of
electrical products and other industrial MRO supplies and
services in North America. Wesco International Inc. has a market
cap of $2.76 billion; its shares were traded at around $63.2 with
a P/E ratio of 14.01 and P/S ratio of 0.45. Wesco International
Inc. had an annual average earnings growth of 12.1% over the past
10 years.
Wesco International Inc. reported their net sales of $1.7 billion
and net income of $63.4 million.
Chairman, President and CEO John Engel sold 150,000 shares of WCC
stock on 10/26/2012 at the average price of $62.72. Vice
President Investor Relations and Corporate Affairs Daniel A.
Brailer sold 5,226 shares of WCC stock on 10/25/2012 at the
average price of $62.58.
For the complete list of stocks that were bought by their CEOs,
go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the
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