According to
GuruFocus Insider Data
, these are the largest CEO sales during the past week: Universal
Insurance Holdings Inc, Avanir Pharmaceuticals Inc, Bel Fuse Inc,
and NewLink Genetics Corp.
Universal Insurance Holdings, Inc. (
UVE
): CEO, 10% Owner Bradley I Meier sold 1,500,000 Shares
CEO, 10% Owner of Universal Insurance Holdings, Inc. (
UVE
) Bradley I Meier sold 1,500,000 shares on 06/22/2012 at an
average price of $3.15. Universal Insurance Holdings, Inc.,
through its wholly-owned subsidiary, Universal Property &
Casualty Insurance Company (UPCIC), is currently engaged in
insurance underwriting, distribution and claims. Universal
Insurance Holdings, Inc. has a market cap of $133.6 million; its
shares were traded at around $3.4 with a P/E ratio of 5.3 and P/S
ratio of 0.6. The dividend yield of Universal Insurance Holdings,
Inc. stocks is 12.1%. Universal Insurance Holdings, Inc. had an
annual average earnings growth of 0.3% over the past 5 years.
Universal Insurance Holdings reported net income of $9.9 million
of $0.24 per diluted share and premium earned and other revenue
of $60.2 million for the first financial quarter of 2012.
CEO, 10% Owner
Bradley I Meier
sold 1,550,000 shares of UVE stock in June.
Avanir Pharmaceuticals, Inc. (
AVNR
): President and CEO Keith Katkin sold 190,125 Shares
President and CEO of Avanir Pharmaceuticals, Inc. (
AVNR
) Keith Katkin sold 190,125 shares on 06/25/2012 at an average
price of $3.5. AVANIR Pharmaceuticals is focused on developing,
acquiring and commercializing novel therapeutic products for the
treatment of chronic diseases. Avanir Pharmaceuticals, Inc. has a
market cap of $470.9 million; its shares were traded at around
$3.9 with and P/S ratio of 44.9.
Avanir Pharmaceuticals Inc. reported their 2012 second quarter
fiscal results. The Company reported net revenue of $10.0 million
and net loss of $17.0 million.
President and CEO
Keith Katkin
bought 10,000 and sold 190,125 shares of AVNR stock in March and
June.SVP, R&D
Joao Md Siffert
bought 2,700 shares of AVNR stock on 05/10/2012 at the average
price of 2.96. Vice President, Finance Christine Ocampo bought
3,000 shares of AVNR stock on 03/06/2012 at the average price of
2.6. Director Charles Mathews bought 5,000 shares of AVNR stock
on 03/06/2012 at the average price of 2.69.
Bel Fuse, Inc. (
BELFB
): President and CEO Daniel Bernstein sold 171,185
Shares
President and CEO of Bel Fuse, Inc. (
BELFB
) Daniel Bernstein sold 171,185 shares on 06/22/2012 at an
average price of $16.81. Bel Fuse Inc. is engaged in the design,
manufacture and sale of products used in networking,
telecommunication, automotive and consumer electronic
applications. Bel Fuse, Inc. has a market cap of $36.6 million;
its shares were traded at around $17.48 with a P/E ratio of 42
and P/S ratio of 0.1. The dividend yield of Bel Fuse, Inc. stocks
is 1.7%. Bel Fuse, Inc. had an annual average earnings growth of
30% over the past 5 years.
Bel Fuse Inc. reported net income of $876 thousand and revenue of
$65.6 million for the Company's 2012 first quarter.
President and CEO Daniel Bernstein sold 171,185 shares of BELFB
stock on 06/22/2012 at the average price of 16.81. Director
Howard Bernstein sold 1,000 shares of BELFB stock on 06/05/2012
at the average price of 15.62.
NewLink Genetics Corp (
NLNK
): Chairman of the Board and CEO, 10% Owner Charles J. Jr. Link
sold 150,000 Shares
Chairman of the Board and CEO, 10% Owner of NewLink Genetics Corp
(
NLNK
) Charles J. Jr. Link sold 150,000 shares on 06/21/2012 at an
average price of $15.66. NewLink Genetics Corporation is a
biopharmaceutical company which focuses on discovering,
developing and commercializing immunotherapeutic products for
cancer treatment. Newlink Genetics Corp has a market cap of $347
million; its shares were traded at around $16.57 with and P/S
ratio of 185.3.
NewLink Genetics Corp. reported net loss of $4.8 million and
grant revenue of $471,000 for thier first quarter of 2012.
Chairman of the Board and CEO, 10% Owner Charles J. Jr. Link sold
150,000 shares of NLNK stock on 06/21/2012 at the average price
of 15.66. CFO Gordon H Jr Link sold 5,187 shares of NLNK stock on
06/15/2012 at the average price of 15.49.
For the complete list of stocks that bought by their CEOs, go to:
Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks
picks and portfolio holdings of the world's best investors. This
value investing site offers stock screeners and valuation tools.
And publishes daily articles tracking the latest moves of the
world's best investors. GuruFocus also provides promising stock
ideas in 3 monthly newsletters sent to
Premium Members
.