Weekly CFO Sells Highlight: CAG, LTM, RYN, NKE, ENTG, CCL

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Jan 02, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: ConAgra Foods Inc, Life Time Fitness Inc, Nike Inc, Rayonier Inc, Entegris Inc, and Carnival Corp.


ConAgra Foods Inc. (CAG, Financial): EVP and CFO John Gehring Sold 108,883 Shares


EVP and CFO of ConAgra Foods Inc. (CAG) John Gehring sold 108,883 shares on 12/22/2011 at an average price of $26.37. ConAgra Foods has transformed itself into an industry-leading, branded, and value-added food company. Conagra Foods Inc. has a market cap of $10.94 billion; its shares were traded at around $26.4 with a P/E ratio of 15.4 and P/S ratio of 0.9. The dividend yield of Conagra Foods Inc. stocks is 3.6%. Conagra Foods Inc. had an annual average earnings growth of 0.2% over the past 10 years.


During its second quarter of 2012, ConAgra Foods Inc. reported diluted EPS from continuing operations of $0.41 – as compared to $0.45 prior year quarter.


EVP and CFO John Gehring sold 108,883 shares of CAG stock on 12/22/2011 at the average price of 26.37. John Gehring owns at least 141,683 shares after this. The price of the stock has increased by 0.11% since. EVP Gen Counsel & Corp Secty Colleen Batcheler sold 17,916 shares of CAG stock on 12/22/2011 at the average price of 26.32.


Life Time Fitness Inc. (LTM, Financial): Exec Vice President and CFO Michael R Robinson Sold 45,000 Shares


Exec Vice President and CFO Michael R Robinson sold 45,000 shares of LTM stock on 12/29/2011 at the average price of 48.03. Michael R Robinson owns at least 174,363 shares after this. The price of the stock has decreased by 2.67% since.


Life Time Fitness operates distinctive and large sports, athletic, fitness and family recreation centers. Life Time Fitness Inc. has a market cap of $1.98 billion; its shares were traded at around $46.75 with a P/E ratio of 21.1 and P/S ratio of 2.2. Life Time Fitness Inc. had an annual average earnings growth of 12.2% over the past 5 years.


Life Time Fitness Inc. has released its third quarter results for the year of 2011. During this quarter, the company saw revenue growth of 11.4% from last year to $265.4 million and EPS of $0.66 – as compared to $0.57 prior year quarter. EBITDA for this quarter was $75.6 million


Nike Inc. Cl B (NKE, Financial): VP & CFO Donald W Blair Sold 64,300 Shares


VP & CFO of Nike Inc. Cl B (NKE) Donald W Blair sold 64,300 shares during the past week at an average price of $96.53. Donald W Blair owns at least 75,327 shares after this. The price of the stock has decreased by 1.37% since.


Nike, Inc.'s principal business activity involves the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. Nike Inc. Cl B has a market cap of $44.68 billion; its shares were traded at around $96.37 with a P/E ratio of 20.6 and P/S ratio of 2.2. The dividend yield of Nike Inc. Cl B stocks is 1.5%. Nike Inc. Cl B had an annual average earnings growth of 11.8% over the past 10 years. GuruFocus rated Nike Inc. Cl B the business predictability rank of 4-star.


During Nike Inc.’s second quarter 2012 ended November 30, 2011 – the company reported a revenue increase of 18% from prior year quarter to $5.7 billion. Gross margin declined 42.7 percent, and EPS increased 6% to $1.00


President and CEO Mark G Parker also sold shares of NKE stock during the past week.


Rayonier Inc. REIT (RYN, Financial): SR VP & CFO Hans E Vandennoort Sold 21,600 Shares


SR VP & CFO of Rayonier Inc. REIT (RYN) Hans E Vandennoort sold 21,600 shares on 12/27/2011 at an average price of $44.04. Rayonier Inc., including its subsidiaries, is a international forest products company primarily engaged in the trading, merchandising and manufacturing of logs, timber and wood products, and in the production and sale of high-value-added specialty pulps. Rayonier Inc. Reit has a market cap of $5.44 billion; its shares were traded at around $44.63 with a P/E ratio of 23.5 and P/S ratio of 4.2. The dividend yield of Rayonier Inc. Reit stocks is 3.5%. Rayonier Inc. Reit had an annual average earnings growth of 11.5% over the past 10 years.


Rayonier Inc. reported third quarter 2011 net income of $105 million ( $.84 per share), compared to last year’s $63 million ($.51).


SR VP & CFO Hans E Vandennoort sold 21,600 shares of RYN stock on 12/27/2011 at the average price of 44.04. Hans E Vandennoort owns at least 155,649 shares after this. The price of the stock has increased by 1.34% since. President and COO Paul G Boynton, SR VP, CAO & Corp Sec W. Edwin Frazier Iii, and SR VP, REAL ESTATE Charles Margiotta all sold shares of RYN stock during the past week.


Entegris Inc. (ENTG, Financial): Exec. V.P. & CFO Gregory B Graves Sold 17,971 Shares


Exec. V.P. & CFO of Entegris Inc. (ENTG) Gregory B Graves sold 17,971 shares on 12/21/2011 at an average price of $8.52. Entegris is a provider of materials management solutions to themicroelectronics industry including, in particular, the semiconductormanufacturing and disk manufacturing markets. Entegris Inc. has a market cap of $1.18 billion; its shares were traded at around $8.725 with a P/E ratio of 10 and P/S ratio of 1.7.


Exec. V.P. & CFO Gregory B Graves sold 17,971 shares of ENTG stock on 12/21/2011 at the average price of 8.52. Gregory B Graves owns at least 80,717 shares after this. The price of the stock has increased by 2.41% since. Vice President, GM, Field Ops. Gregory Colburn Morris also sold shares of ENTG stock.


Carnival Corp. (CCL, Financial): Sr. Vice President-Finance,CFO David Bernstein Sold 17,800 Shares


Sr. Vice President-Finance,CFO of Carnival Corp. (CCL) David Bernstein sold 17,800 shares on 12/23/2011 at an average price of $32.72. Carnival Corporation is one of the world's largest multiple-night cruise companies. Carnival Corp. has a market cap of $19.43 billion; its shares were traded at around $32.64 with a P/E ratio of 13.5 and P/S ratio of 1.3. The dividend yield of Carnival Corp. stocks is 3.1%. Carnival Corp. had an annual average earnings growth of 11.8% over the past 10 years. GuruFocus rated Carnival Corp. the business predictability rank of 2-star.


Carnival Corp. recently reported its fourth quarter 2011 results. In this quarter, the company announced non-GAAP net income of $216 million ($0.28 per share) – as compared to $248 for the fourth quarter in 2010. A 39% increase in fuel prices has hurt the company’s profits.


President & CEO, HAL Stein Kruse sold 35,601 shares of CCL stock on 12/23/2011 at the average price of 32.72. Sr. Vice President-Finance,CFO David Bernstein sold 17,800 shares of CCL stock on 12/23/2011 at the average price of 32.72. David Bernstein owns at least 27,490 shares after this. The price of the stock has decreased by 0.24% since. Vice Chairman & COO Howard S Frank sold 124,603 shares of CCL stock on 12/23/2011 at the average price of 33.16. SVP, Gen Counsel & Secretary Arnaldo Perez, and VP & Controller Larry R. Freedman both also sold shares of CCL stock.


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