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WEEKLY CFO SELLS HIGHLIGHT: CY, UTEK, STJ, ALGN, TXN, JAH, YUM

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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Cypress Semiconductor Corp, Ultratech Inc, ST.JUDE MEDICAL INC, Align Technology Inc, TEXAS INSTRUMENTS Inc, JARDEN Corp, and YUM BRANDS INC.

Cypress Semiconductor Corp. (CY): CFO Brad W Buss Sold 164,137 Shares

CFO of Cypress Semiconductor Corp. (CY) Brad W Buss sold 164,137 shares on 04/26/2011 at an average price of $21.15. Cypress Semiconductor Corporation designs, develops, manufactures and markets a broad line of high-performance digital and mixed-signal integrated circuits for a range of markets, including data communications, telecommunications, computers, and instrumentation systems. Cypress Semiconductor Corp. has a market cap of $3.78 billion; its shares were traded at around $21.76 with a P/E ratio of 38.2 and P/S ratio of 4.3.

For its first quarter 2011, Cypress Semiconductor Corp. reported total revenues of $233.1 million compared to $202.27 million prior year quarter. Net income for the company was $48.48 million compared to $34.25 million prior year quarter (Non-GAAP). This rise in profits was due mainly to the continued popularity of the company’s TrueTouch touchscreen product.

Sell: CFO Brad W Buss sold 164,137 shares of CY stock on 04/26/2011 at the average price of 21.15. Director Lloyd Carney sold 120,864 shares of CY stock on 04/25/2011 at the average price of 20.67. Lloyd Carney owns at least 97,615 shares after this. The price of the stock has increased by 5.27% since. Executive Vice President Norman P Taffe sold 45,000 shares of CY stock on 04/25/2011 at the average price of 20.95.

Ultratech Inc. (UTEK): Sr. VP-Fin, CFO & Secretary Bruce R Wright Sold 110,000 Shares

Sr. VP-Fin, CFO & Secretary of Ultratech Inc. (UTEK) Bruce R Wright sold 110,000 shares on 04/27/2011 at an average price of $31.21. Ultratech Stepper, Inc. develops, manufactures and markets photolithography equipment designed to reduce the cost of ownership for manufacturers of integrated circuits, including advanced packaging processes, photomasks, thin film magnetic recording devices and micromachined components. Ultratech Inc. has a market cap of $785.3 million; its shares were traded at around $31.31 with a P/E ratio of 34.9 and P/S ratio of 5.5.

Ultratech Inc. recently released its first quarter 2011 results. For this quarter the company reported net sales of $47.4 million, compared to $27.5 million prior year quarter. Net income was $7.9 million compared to $1.9 million the same period last year.

Chairman of the Board and CEO Arthur W Zafiropoulo has sold a total of 130,000 shares of UTEK stock throughout April. Sr. VP-Fin, CFO & Secretary Bruce R Wright sold 110,000 shares of UTEK stock on 04/27/2011 at the average price of 31.21. Bruce R Wright owns at least 144,730 shares after this. The price of the stock has increased by 0.32% since.

ST. JUDE MEDICAL INC. (STJ): Executive VP & CFO John C Heinmiller Sold 107,900 Shares

Executive VP & CFO of ST. JUDE MEDICAL INC. (STJ) John C Heinmiller sold 107,900 shares on 04/27/2011 at an average price of $53.37. St. Jude Medical, Inc. is dedicated to making life better for cardiac, neurological and chronic pain patients worldwide through excellence in medical device technology and services. St. Jude Medical Inc. has a market cap of $17.4 billion; its shares were traded at around $53.44 with a P/E ratio of 17.4 and P/S ratio of 3.4. The dividend yield of St. Jude Medical Inc. stocks is 1.6%. St. Jude Medical Inc. had an annual average earnings growth of 17.2% over the past 10 years. GuruFocus rated St. Jude Medical Inc. the business predictability rank of 5-star.

ST. JUDE MEDICAL INC recently released its first quarter 2011 results. For this quarter, the company reported net sales of $1.376 billion, compared to $1.262 billion prior year quarter. Revenue for the first quarter increased by 8% after accounting for foreign currency translation.

Sell: Executive VP & CFO John C Heinmiller sold 107,900 shares of STJ stock on 04/27/2011 at the average price of 53.37. John C Heinmiller owns at least 234,460 shares after this. The price of the stock has increased by 0.13% since. Other insiders also sold shares of STJ stock throughout the past week.

Align Technology Inc. (ALGN): VP, Finance and CFO Kenneth Arola Sold 100,000 Shares

VP, Finance and CFO of Align Technology Inc. (ALGN) Kenneth Arola sold 100,000 shares on 04/26/2011 at an average price of $24.47. Align Technology Inc. designs, manufactures and markets the Invisalign System, a proprietary method for treating malocclusion. Align Technology Inc. has a market cap of $1.86 billion; its shares were traded at around $24.14 with a P/E ratio of 29.8 and P/S ratio of 4.8.

For its first quarter 2011, Align Technology Inc. reported net revenues of $104.9 million, compared to $90.1 million prior year quarter. Net profit for the company was $15.8 million, compared to $14.9 million prior year quarter. GAAP diluted EPS was $0.20.

Sell: President and CEO Thomas M Prescott sold 137,499 shares of ALGN stock on 04/26/2011 at the average price of 24.45. VP, Finance and CFO Kenneth Arola sold 100,000 shares of ALGN stock on 04/26/2011 at the average price of 24.47. Kenneth Arola owns at least 6,003 shares after this. The price of the stock has decreased by 1.35% since. VP, Operations Emory Wright sold 155,226 shares of ALGN stock on 04/26/2011 at the average price of 24.56.

TEXAS INSTRUMENTS Inc. (TXN): Sr. Vice President & CFO Kevin P March Sold 90,000 Shares

Sr. Vice President & CFO of TEXAS INSTRUMENTS Inc. (TXN) Kevin P March sold 90,000 shares on 04/21/2011 at an average price of $35.48. Texas Instruments, Inc. is a global semiconductor company and one of the world's designers and suppliers of digital signal processors and analog integrated circuits, the engines driving the digitization of electronics. Texas Instruments Inc. has a market cap of $41.53 billion; its shares were traded at around $35.53 with a P/E ratio of 14 and P/S ratio of 3. The dividend yield of Texas Instruments Inc. stocks is 1.5%. Texas Instruments Inc. had an annual average earnings growth of 7.9% over the past 5 years.

TEXAS INSTRUMENTS Inc. recently released their first quarter 2011 results. During this quarter, the company reported net income of $666 million. The company was strongly affected by the Japanese earthquake, which caused their Japanese factories to slow production- as well as lowering Japanese demand.

Sell: Chairman, President & CEO Richard K Templeton sold 835,000 shares of TXN stock on 04/21/2011 at the average price of 35.44. Sr. Vice President & CFO Kevin P March sold 90,000 shares of TXN stock on 04/21/2011 at the average price of 35.48. Kevin P March owns at least 267,102 shares after this. The price of the stock has increased by 0.14% since. SVP, Secretary & Gen Counel Joseph F Hubach, Sr. Vice President Gregg A Lowe and, Sr. Vice President David K Heacock all also sold shares of TXN stock.

JARDEN Corp. (JAH): Vice Chairman and CFO Ian G H Ashken Sold 75,000 Shares

Vice Chairman and CFO of JARDEN Corp. (JAH) Ian G H Ashken sold 75,000 shares on 04/26/2011 at an average price of $36.26. Jarden Corporation is a provider of niche consumer products used in home food preservation. Jarden Corp. has a market cap of $3.36 billion; its shares were traded at around $36.39 with a P/E ratio of 12.5 and P/S ratio of 0.6. The dividend yield of Jarden Corp. stocks is 1%. Jarden Corp. had an annual average earnings growth of 21% over the past 10 years. GuruFocus rated Jarden Corp. the business predictability rank of 2.5-star.

JARDEN Corp. recently released its first quarter 2011 results. The company reported net sales of $1.5 billion compared to $1.2 billion prior year quarter. Net income for the quarter was $35.4 million compared to $22.3 million prior year quarter (Non-GAAP).

Sell: Chairman and CEO Martin E Franklin sold 31,429 shares of JAH stock on 04/27/2011 at the average price of 36.56. Vice Chairman and CFO Ian G H Ashken sold 75,000 shares of JAH stock on 04/26/2011 at the average price of 36.26. Ian G H Ashken owns at least 873,456 shares after this. The price of the stock has increased by 0.36% since. Other insiders sold shares of JAH stock as well.

YUM BRANDS INC. (YUM): Sr VP Fin/CFO Richard Carucci Sold 61,808 Shares

Sr VP Fin/CFO of YUM BRANDS INC. (YUM) Richard Carucci sold 61,808 shares on 04/29/2011 at an average price of $53.56. Yum! Brands Inc. is the one of the world's largest restaurant companies, with restaurants around the world in numerous countries and territories. Yum Brands Inc. has a market cap of $25.07 billion; its shares were traded at around $53.64 with a P/E ratio of 20.8 and P/S ratio of 2.2. The dividend yield of Yum Brands Inc. stocks is 1.9%. Yum Brands Inc. had an annual average earnings growth of 11.1% over the past 10 years. GuruFocus rated Yum Brands Inc. the business predictability rank of 4-star.

For its first quarter 2011, YUM BRANDS INC. reported EPS of $0.63. Worldwide operating profit grew 5%. Much of the companies gain in profits is due to its widespread success in China.

Sell: CEO - YRI Graham D Allan sold 117,667 shares of YUM stock throughout the past week. Sr VP Fin/CFO Richard Carucci sold 61,808 shares of YUM stock on 04/29/2011 at the average price of 53.56. Richard Carucci owns at least 25,918 shares after this. The price of the stock has increased by 0.15% 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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