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Weekly CFO Sales Highlight: INFA, DHR, AN, SMTC, ZLTQ

October 30, 2011 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were Informatica Corp., Danaher Corp., AutoNation Inc., Semtech Corp., and ZELTIQ Aesthetics Inc.

Informatica Corp. (NASDAQ:INFA): CFO, CAO, Executive Vice President-GCS, Secretary Earl E. Fry Sold 109,403 Shares

CFO, CAO, executive vice president-GCS, secretary of Informatica Corp. (NASDAQ:INFA) Earl E. Fry sold 109,403 shares on 10/25/2011 at an average price of $44.49. Informatica Corp. is a provider of software solutions that help large companies deploy, manage, maintain and grow systems that enable more effective business decision making. Informatica Corp. has a market cap of $5.1 billion; its shares were traded at around $47.82 with a P/E ratio of 44.2 and P/S ratio of 7.7. Informatica Corp. had an annual average earnings growth of 33.2% over the past five years.

For its third quarter, Informatica Corp. reported total revenues of $195.9 million, which was an increase of 21% from the prior-year quarter. GAAP EPS was reported at $0.24 compared to last year’s $0.21.

CFO, CAO, executive vice president-GCS, secretary Earl E. Fry sold 109,403 shares of INFA stock on 10/25/2011 at the average price of $44.49. Earl E. Fry owns at least 255,057 shares after this. The price of the stock has increased by 7.48% since. Executive vice president, chief technology officer James Markarian sold 48,000 shares of INFA stock on 10/27/2011 at the average price of $46.65.

Danaher Corp. (NYSE:DHR): Executive Vice President and CFO Daniel L. Comas Sold 150,000 Shares

Executive vice president and CFO of Danaher Corp. (NYSE:DHR) Daniel L. Comas sold 150,000 shares during the past week at an average price of $48. Danaher Corporation conducts its operations through two business segments: Process/Environmental Controls and Tools and Components. Danaher Corp. has a market cap of $34.87 billion; its shares were traded at around $50.86 with a P/E ratio of 18.9 and P/S ratio of 2.7. The dividend yield of Danaher Corp. stocks is 0.2%. Danaher Corp. had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Danaher Corp. the business predictability rank of 3.5-star.

For its third quarter in 2011, Danaher Corp. reported total net earnings of $523.4 million, down 20% from prior year quarter (GAAP). Sales from continuing operations were $4.1 billion – 46% higher than the $3.1 billion reported in the third quarter 2010.

President and CEO H. Lawrence Jr. Culp sold 335,545 shares of DHR stock on 10/27/2011 at the average price of $48.76. Executive vce president and CFO Daniel L. Comas sold 150,000 shares of DHR stock during the past week at the average price of $49.79. Daniel L. Comas owns at least 184,875 shares after this. The price of the stock has increased by 2.15% since. Other insiders sold shares of DHR stock as during the past week as well.

AutoNation Inc. (NYSE:AN): Executive Vice President and CFO Michael J. Short Sold 80,000 Shares

Executive vice president and CFO of AutoNation Inc. (NYSE:AN) Michael J. Short sold 80,000 shares on 10/24/2011 at an average price of $40. AutoNation, Inc. is the one of the largest automotive retailers in the U.S. AutoNation Inc. has a market cap of $5.78 billion; its shares were traded at around $39.62 with a P/E ratio of 21.1 and P/S ratio of 0.5. AutoNation Inc. had an annual average earnings growth of 3.9% over the past 10 years.

In its third quarter of 2011, AutoNation Inc. reported record EPS of $0.48, up 23% from last year’s $0.39. Operating income was $144.1 million, a 19% increase from prior year quarter and total revenue increased 7% to $3.5 billion.

Chairman and CEO Michael J. Jackson sold 229,800 shares of AN stock on 10/25/2011 at the average price of $40.11. Executive vice president and CFO Michael J. Short sold 80,000 shares of AN stock on 10/24/2011 at the average price of $40.

Semtech Corp. (NASDAQ:SMTC): Senior Vice President and CFO Emeka Chukwu Sold 46,000 Shares

Senior vice president and CFO of Semtech Corp. (NASDAQ:SMTC) Emeka Chukwu sold 46,000 shares on 10/27/2011 at an average price of $25.4. Semtech designs, manufactures and markets a wide range of analog and mixed-signal semiconductors, including Standard Semiconductor Products, Rectifier and Assembly Products and Other Products. Semtech Corp. has a market cap of $1.68 billion; its shares were traded at around $25.32 with a P/E ratio of 15.6 and P/S ratio of 3.5. Semtech Corp. had an annual average earnings growth of 7.1% over the past 10 years.

During its second quarter 2012, Semtech Corp. reported revenues of $130.3 million – up 15% from prior year quarter and net income of $27.1 million – up from the $19.7 million reported last year. Gross profit margin was 60.4 percent.

President and CEO Mohan Maheswaran sold 25,000 shares of SMTC stock on 10/26/2011 at the average price of $23.73. Senior vice president and CFO Emeka Chukwu sold 46,000 shares of SMTC stock on 10/27/2011 at the average price of $25.4. Emeka Chukwu owns at least 27,889 shares after this. The price of the stock has decreased by 0.31% since.

ZELTIQ Aesthetics Inc. (NASDAQ:ZLTQ): CFO and Senior Vice President John F. Howe Sold 45,000 Shares

CFO and senior vice president John F. Howe sold 45,000 shares of ZLTQ stock on 10/24/2011 at the average price of $13. The price of the stock has increased by 13.62% since. CEO and President Gordon E. Nye sold shares of ZLTQ stock as well.

For the complete list of stocks that were 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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