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Weekly CFO Sells Highlight: DFS, IL, SUN, TMK, MU

April 03, 2011 | About:
gurujx

gurujx

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According to GuruFocus Insider Data,the largest CFO sells during the past week were: DISCOVER FINANCIAL SERVICES, INTRALINKS HOLDINGS INC., SUNOCO INC., TORCHMARK Corp., and Micron Technology Inc,.

DISCOVER FINANCIAL SERVICES (DFS): EVP and CFO Roy A Guthrie Sold 97,327 Shares



EVP and CFO of DISCOVER FINANCIAL SERVICES (DFS) Roy A Guthrie sold 97,327 shares on 03/25/2011 at an average price of $24.09. Discover Financial Services operates the Discover Card with more than fifty million cardmembers, the Discover Network with millions of merchant and cash access locations, and the Goldfish credit card business in the United Kingdom. Discover Financial Services has a market cap of $13.17 billion; its shares were traded at around $24.15 with a P/E ratio of 10.6 and P/S ratio of 1.5. The dividend yield of Discover Financial Services stocks is 0.3%.

DISCOVER FINANCIAL SERVICES recently released its first quarter 2011 results. The company reported Discover card sales volume of $24 billion, up 7% from last year. Total loans grew 3% year-over-year. The company also finished acquiring The Student Loan Corporation, adding student loans with a fair value of $3.1 billion.

Sell: EVP and CFO Roy A Guthrie sold 97,327 shares of DFS stock on 03/25/2011 at the average price of 24.09. Roy A Guthrie owns at least 337,937 shares after this. The price of the stock has increased by 0.25% since. Executive Vice President Carlos Minetti and EVP,Chief Credit Risk Officer James V Panzarino both also sold shares of DFS stock on 03/25/2011.

INTRALINKS HOLDINGS INC. (IL): CFO & Chie Anthony Plesner Sold 96,453 Shares



CFO & Chie of INTRALINKS HOLDINGS INC. (IL) Anthony Plesner sold 96,453 shares on 03/29/2011 at an average price of $27.23. IntraLinks Holdings, Inc. is a global provider of Software-as-a-Service solutions for securely managing content, exchanging critical business information and collaborating within and among organizations. Intralinks Holdings Inc. has a market cap of $1.42 billion; its shares were traded at around $27.11 with and P/S ratio of 7.8.

INTRALINKS HOLDINGS INC. has released its fourth quarter 2010 results. During this quarter the company reported net income of $1 million compared to a net loss of $4.6 million prior year quarter. Total revenue was $52.1 million compared to $39.2 million prior year quarter.

CFO & Chie Anthony Plesner sold 96,453 shares of IL stock on 03/29/2011 at the average price of 27.23. Anthony Plesner owns at least 314,071 shares after this. The price of the stock has decreased by 0.44% since. Patrick J Wack Jr sold 150,000 shares of IL stock on 03/30/2011 at the average price of 26.94.

SUNOCO INC. (SUN): SVP & CFO Brian P Macdonald Sold 42,612 Shares



SVP & CFO of SUNOCO INC. (SUN) Brian P Macdonald sold 42,612 shares on 03/25/2011 at an average price of $45.66. Sunoco, Inc. is principally a petroleum refiner and marketer with interests in cokemaking. Sunoco Inc. has a market cap of $5.58 billion; its shares were traded at around $46.11 with a P/E ratio of 25.9 and P/S ratio of 0.1. The dividend yield of Sunoco Inc. stocks is 1.3%. Sunoco Inc. had an annual average earnings growth of 10.8% over the past 10 years.

SUNOCO INC. has released its fourth quarter 2010 results. SUNOCO INC. reported net income attributable to shareholders of $87 million compared to $26 million prior year quarter.

Sell: SVP & CFO Brian P Macdonald sold 42,612 shares of SUN stock on 03/25/2011 at the average price of 45.66. Brian P Macdonald owns at least 13,521 shares after this. The price of the stock has increased by 0.99% since.

TORCHMARK Corp. (TMK): EVP & CFO Gary L Coleman Sold 40,247 Shares



EVP & CFO of TORCHMARK Corp. (TMK) Gary L Coleman sold 40,247 shares on 03/28/2011 at an average price of $65.91. Torchmark Corporation is a financial services holding company specializing in life and supplemental health insurance for middle income Americans marketed through multiple distribution channels including direct response, exclusive and independent agencies. Torchmark Corp. has a market cap of $5.21 billion; its shares were traded at around $67.27 with a P/E ratio of 10.8 and P/S ratio of 1.6. The dividend yield of Torchmark Corp. stocks is 1%. Torchmark Corp. had an annual average earnings growth of 2.4% over the past 10 years. GuruFocus rated Torchmark Corp. the business predictability rank of 3.5-star.

TORCHMARK Corp. recently released its fourth quarter 2010 earnings results. During this quarter the company reported Net income of $1.91 per share compared to $1.36 prior year quarter.

Sell: EVP & CFO Gary L Coleman sold 40,247 shares of TMK stock on 03/28/2011 at the average price of 65.91. Gary L Coleman owns at least 221,202 shares after this. The price of the stock has increased by 2.06% since.VP, Assoc. Counsel & Secretary Carol A Mccoy sold 26,177 shares of TMK stock on 03/29/2011 at the average price of 65.77. EVP & General Counsel Larry M Hutchison sold 38,445 shares of TMK stock on 03/28/2011 at the average price of 65.96.

Micron Technology Inc. (MU): CFO & VP OF FINANCE Ronald C Foster Sold 40,000 Shares



CFO & VP OF FINANCE of Micron Technology Inc. (MU) Ronald C Foster sold 40,000 shares on 03/29/2011 at an average price of $11.7. Micron Technology, Inc. has established itself as one of the worldwide providers of semiconductor memory solutions. Micron Technology Inc. has a market cap of $11.27 billion; its shares were traded at around $11.3 with a P/E ratio of 10.4 and P/S ratio of 1.4.

Micron Technology Inc. recently released its second quarter 2011 results. The company reported total revenue of $2.25 billion, up 15% year-over-year. Adjusted EPS was 7 cents. The company’s gross margin for the quarter was 19%, compared to 32.7% prior year quarter. This decline was primarily due to decreases in selling prices.

Sell: Chairman and CEO Steven R Appleton sold 225,000 shares of MU stock on 03/29/2011 at the average price of 11.68. CFO & VP OF FINANCE Ronald C Foster sold 40,000 shares of MU stock on 03/29/2011 at the average price of 11.7. Ronald C Foster owns at least 460,299 shares after this. The price of the stock has decreased by 3.42% since.

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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