Weekly CFO Sells Highlight: DIS, PCS, TPX, HK

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Mar 27, 2011
According to GuruFocus Insider Data, these are the largest CFO sells during the past week were: WALT DISNEY COMPANY, METROPCS COMMUNICATIONS INC., TEMPURPEDIC INTERNATIONAL INC., and PETROHAWK ENERGY Corp.


WALT DISNEY COMPANY (DIS, Financial): Sr. Exec VP and CFO James A Rasulo Sold 155,000 Shares



Sr. Exec VP and CFO of WALT DISNEY COMPANY (DIS) James A Rasulo sold 155,000 shares during the past week at an average price of $41.24. Walt Disney Company owns 100% of Disney Enterprises, Inc. Walt Disney Company has a market cap of $81.6 billion; its shares were traded at around $42.97 with a P/E ratio of 18.7 and P/S ratio of 2.1. The dividend yield of Walt Disney Company stocks is 1%. Walt Disney Company had an annual average earnings growth of 12.5% over the past 10 years. GuruFocus rated Walt Disney Company the business predictability rank of 3.5-star.


WALT DISNEY COMPANY recently released its results for its fiscal quarter ended January 1st, 2011. During this quarter the company announced total revenues of $10.716 billion compared to $9.739 billion prior year quarter. Net income was $1.3 billion compared to 844 million prior year quarter.


Sell: Sr. Exec VP and CFO James A Rasulo sold 55,000 and 100,000 shares of DIS stock on 03/24/2011 and 03/21/2011 respectively. James A Rasulo owns at least 54,271 shares after this. The price of the stock has increased by 0.16% since.


METROPCS COMMUNICATIONS INC. (PCS, Financial): Executive VP and CFO J Braxton Carter Ii Sold 103,447 Shares



Executive VP and CFO of METROPCS COMMUNICATIONS INC. (PCS) J Braxton Carter Ii sold 103,447 shares during the past week at an average price of $15.88. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $5.54 billion; its shares were traded at around $15.54 with a P/E ratio of 22.2 and P/S ratio of 1.4. Metropcs Communications Inc. had an annual average earnings growth of 10.4% over the past 5 years.


METROPCS COMMUNICATIONS INC. has released its fourth quarter 2010 results. During this quarter the company reported consolidated revenues of $1.07 billion, an increase of 15% from prior year quarter. Also, in this quarter the company added 298,000 net subscribers. The company now has approximately 1.5 million total net subscribers.


Sell: Executive VP and CFO J Braxton Carter Ii sold 103,447 shares of PCS stock on 03/21/2011 at the average price of 15.88. J Braxton Carter Ii owns at least 263,886 shares after this. The price of the stock has decreased by 2.14% since. Associates Inc Ta sold a total of 591,720 shares of PCS stock throughout March. SVP, Controller & CAO Christine Beseda Kornegay sold 88,175 shares of PCS stock on 03/21/2011 at the average price of 15.75. COO Thomas Christopher Keys sold 121,051 shares of PCS stock on 03/21/2011 at the average price of 15.77.


TEMPURPEDIC INTERNATIONAL INC. (TPX, Financial): Executive VP & CFO Dale E Williams Sold 75,000 Shares



Executive VP & CFO of TEMPURPEDIC INTERNATIONAL INC. (TPX) Dale E Williams sold 75,000 shares on 03/24/2011 at an average price of $50. Tempur-Pedic International Inc. is a vertically-integrated manufacturer, marketer and distributor of premium mattresses and pillows made from its proprietary Tempur visco-elastic foam. Tempurpedic International Inc. has a market cap of $3.45 billion; its shares were traded at around $50.16 with a P/E ratio of 23 and P/S ratio of 3.1. Tempurpedic International Inc. had an annual average earnings growth of 12.7% over the past 10 years.


TEMPURPEDIC INTERNATIONAL INC. has released its fourth quarter 2010 results. During this quarter ended December 31, 2010, the company reported net sales went up 20% to $292.7 million. EPS went up to $0.66 compared to $0.38 prior year quarter.


Sell: Executive VP & CFO Dale E Williams sold 75,000 shares of TPX stock on 03/24/2011 at the average price of 50. Dale E Williams owns at least 191,187 shares after this. The price of the stock has increased by 0.32% since. EVP, Global Operations Matthew Clift and Exec VP, Pres Intl Ops David Montgomery both also sold shares of TPX stock on 03/24/2011.


PETROHAWK ENERGY Corp. (HK, Financial): EVP - CFO, Treasurer Mark Mize Sold 133,048 Shares



EVP - CFO, Treasurer of PETROHAWK ENERGY Corp. (HK) Mark Mize sold 133,048 shares during the past week at an average price of $22.82. Petrohawk Energy Corporation is an independent energy company engaged in the acquisition, production, exploitation, exploration and development of oil and gas properties. Petrohawk Energy Corp. has a market cap of $7.03 billion; its shares were traded at around $23.25 with a P/E ratio of 50.5 and P/S ratio of 4.4.


PETROHAWK ENERGY Corp. has released its results for its fourth quarter 2010. During this quarter the company generated revenues of $402 million, and net income of $31.4 million.


Sell: EVP - CFO, Treasurer Mark Mize sold 133,048 shares of HK stock on 03/21/2011 and 03/21/2011 at the average price of $22.82 . Mark Mize owns at least 126,927 shares after this. The price of the stock has increased by 2.15% since. VP, CAO and Controller C Byron Charboneau sold 35,760 shares of HK stock on 03/22/2011 at the average price of 22.66.


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