1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
gurujx
gurujx
Articles (514) 

WEEKLY CFO SELLS HIGHLIGHT: PCS, PIR, EXPR, PVH

April 17, 2011 | About:

According to GuruFocus Insider Data, the largest CFO sells during the past week are: METROPCS COMMUNICATIONS INC., PIER 1 IMPORTS INC., EXPRESS INC., and PHILLIPS VAN HEUSEN CORP.

METROPCS COMMUNICATIONS INC. (PCS): Executive VP and CFO J Braxton Carter Ii Sold 129,963 Shares

Executive VP and CFO of METROPCS COMMUNICATIONS INC. (PCS) J Braxton Carter Ii sold 129,963 shares on 04/11/2011 at an average price of $16.88. MetroPCS Communications provides wireless communications services. Metropcs Communications Inc. has a market cap of $5.88 billion; its shares were traded at around $16.5 with a P/E ratio of 23.57 and P/S ratio of 1.45. Metropcs Communications Inc. had an annual average earnings growth of 10.4% over the past 5 years.

Sell: Executive VP and CFO J Braxton Carter Ii sold 129,963 shares of PCS stock on 04/11/2011 at the average price of 16.88. J Braxton Carter Ii owns at least 249,526 shares after this. The price of the stock has decreased by 2.25% since. Associates Inc Ta sold a total of 791,720 shares of PCS stock throughout the past week.

PIER 1 IMPORTS INC. (NYSE:PIR): Executive Vice President/CFO Charles H Turner Sold 75,000 Shares

Executive Vice President/CFO of PIER 1 IMPORTS INC. (NYSE:PIR) Charles H Turner sold 75,000 shares on 04/11/2011 at an average price of $11.51. Pier 1 Imports, Inc. consists of a chain of retail stores operating under the names `Pier 1 Imports` and `The Pier,` selling a wide variety of furniture, decorative home furnishings, dining and kitchen goods, accessories and other specialty items for the home. Pier 1 Imports Inc. has a market cap of $1.39 billion; its shares were traded at around $11.82 with a P/E ratio of 13.91 and P/S ratio of 0.99.

PIER 1 IMPORTS INC. recently released its fourth quarter 2011 results. During this quarter, the company reported net income of $57.1 million compared to $34.5 million prior year quarter. Comparable sales increased 8.9% during the fourth quarter compared to an increase of 6.5% prior year quarter. Gross profit was $182.5 million compared to $154.2 million prior year quarter.

Sell: Executive Vice President/CFO Charles H Turner sold 75,000 shares of PIR stock on 04/11/2011 at the average price of 11.51. Charles H Turner owns at least 263,307 shares after this. The price of the stock has increased by 2.69% since.

EXPRESS INC. (NYSE:EXPR): EVP,CAO,CFO, Treasurer & Sec. Matthew C Moellering Sold 70,000 Shares

EVP,CAO,CFO, Treasurer & Sec. of EXPRESS INC. (NYSE:EXPR) Matthew C Moellering sold 70,000 shares on 04/12/2011 at an average price of $18.1. Express, Inc. is a specialty retailer of women's and men's apparel in the United States. Express Inc. has a market cap of $1.85 billion; its shares were traded at around $20.88 with a P/E ratio of 15.82 and P/S ratio of 0.97.

EXPRESS INC. has released its fourth quarter 2010 results. For this quarter, the company reported comparable sales increase of 12% and a net sales increase of 14% to $621.5 million compared to $546.8 million prior year quarter. Net income during the fourth quarter 2010 was $48.4 million compared to $46 million prior year quarter.

Sell: President & CEO Michael A Weiss sold 293,705 shares of EXPR stock on 04/12/2011 at the average price of 18.1. EVP, CAO, CFO, Treasurer & Sec. Matthew C Moellering sold 70,000 shares of EXPR stock on 04/12/2011 at the average price of 18.1. 10% Owner Retail Holdings Multi-channel , Director, 10% Owner David Dominik and 10% Owner Brands Inc Limited all also sold shares of 04/12/2011.

PHILLIPS VAN HEUSEN CORP. (NYSE:PVH): Executive VP and CFO Michael A Shaffer Sold 60,000 Shares

Executive VP and CFO of PHILLIPS VAN HEUSEN CORP. (NYSE:PVH) Michael A Shaffer sold 60,000 shares on 04/07/2011 at an average price of $65.49. PHILLIPS-VAN HEUSEN CORP. is a vertically integrated manufacturer, marketer and retailer of men's, women's and children's apparel and footwear. Phillips Van Heusen Corp. has a market cap of $4.45 billion; its shares were traded at around $66.4 with a P/E ratio of 16.48 and P/S ratio of 1.06. The dividend yield of Phillips Van Heusen Corp. stocks is 0.23%. Phillips Van Heusen Corp. had an annual average earnings growth of 9.3% over the past 10 years.

For its fourth quarter 2010, PHILLIPS VAN HEUSEN CORP. reported net income of $52.2 million compared to $27.0 million prior year quarter (GAAP). Net sales for this quarter were $1.39 billion, compared to $0.61 billion prior year quarter.

Sell: President & CEO, Calvin Klein Paul Thomas Murry sold 26,675 shares of PVH stock throughout the past week. Executive VP and CFO Michael A Shaffer sold 60,000 shares of PVH stock on 04/07/2011 at the average price of 65.49. Michael A Shaffer owns at least 39,194 shares after this. The price of the stock has increased by 1.39% since. President & COO Allen E Sirkin and Vice Chairman, Wholesale Francis K Duane also sold shares of PVH stock.

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.

» Take a Free Trial of Premium Membership


Rating: 3.2/5 (6 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


JFranklinCornerstone Growth (04)
AlainTecran 6
JFranklinCornerstone Growth (02)
harrisgreg07Short Screen
JFranklinCornerstone Growth (1)
James LiHarbor Funds Screener
gerrglorProfitable canadia
qlpqlpmyTestBuildB
harrisgreg07Main
pbarker465 values

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK