Weekly CFO Sells Highlight: INTC, DGX, EMC, AMTD, DAL

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Jan 31, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Intel Corp., Quest Diagnostics Inc., EMC Corp., TD Ameritrade Holding Corp, and Delta Air Lines.


Intel Corp. (INTC, Financial): Senior Vice President and CFO Stacy J. Smith Sold 541,940 Shares


Senior Vice President and CFO Stacy J. Smith sold 541,940 shares on 01/23/2012 at an average price of $26.72. Intel Corporation is one of the world's largest semiconductor chip maker. Intel Corp. has a market cap of $136.16 billion; its shares were traded at around $26.74 with a P/E ratio of 11 and P/S ratio of 2.5. The dividend yield of Intel Corp. stocks is 3.1%.


Intel Corp. recently released its fourth quarter results for the year of 2011. For this quarter, the company reported revenue of $13.9 billion, and net income of $3.4 billion (EPS of $0.64). The company generated $6.6 billion cash from operations, and paid total dividends of $1.1 billion during this quarter.


Senior Vice President and CFO Stacy J. Smith sold 541,940 shares of INTC stock on 01/23/2012 at the average price of $26.72. Stacy J. Smith owns at least 43,201 shares after this. The price of the stock has increased by 0.07% since. Senior Vice President, GM Sales and Marketing Group Thomas M. Kilroy, Senior Vice President, GM Manufacturing and Supply, COO Brian M. Krzanich, and multiple other insiders have also sold shares of INTC stock during the past week.


Quest Diagnostics Inc. (DGX, Financial): Senior Vice President and CFO Robert Hagemann Sold 113,334 Shares


Senior Vice President and CFO of Quest Diagnostics Inc. (DGX) Robert Hagemann sold 113,334 shares on 01/26/2012 at an average price of $59.15. Quest Diagnostics Inc., is the provider of diagnostic testing, information and services that patients and doctors need to make better healthcare decisions. Quest Diagnostics Inc. has a market cap of $9.2 billion; its shares were traded at around $58.3 with a P/E ratio of 12.9 and P/S ratio of 1.2. The dividend yield of Quest Diagnostics Inc. stocks is 1.2%. Quest Diagnostics Inc. had an annual average earnings growth of 13.2% over the past 10 years. GuruFocus rated Quest Diagnostics Inc. the business predictability rank of 4.5-star.


Quest Diagnostics Inc. has released its fourth quarter 2011 results ended December 31. For this quarter, the company saw revenues of $1.9 billion – up 3% from prior year quarter. Adjusted EPS was reported at $1.23 – up 19% from prior year quarter, and cash flow from operations was $338 million.


Chairman, President and CEO Surya N. Mohapatra sold 340,000 shares of DGX stock on 01/27/2012 at the average price of $59.09. Senior Vice President and CFO Robert Hagemann sold 113,334 shares of DGX stock on 01/26/2012 at the average price of $59.15. Robert Hagemann owns at least 141,447 shares after this. The price of the stock has decreased by 1.44% since. Multiple other insiders also sold shares of DGX stock on 01/27/2012.


EMC Corp. (EMC, Financial): Executive Vice President and CFO David I. Goulden Sold 65,000 Shares


Executive Vice President and CFO of EMC Corp. (EMC) David I. Goulden sold 65,000 shares on 01/25/2012 at an average price of $25.14. EMC Corporation and its subsidiaries design, manufacture, market and support a wide range of hardware and software products and provide services for the storage, management, protection and sharing of electronic information. EMC Corp. has a market cap of $52.53 billion; its shares were traded at around $25.75 with a P/E ratio of 20.4 and P/S ratio of 2.6. EMC Corp. had an annual average earnings growth of 10.6% over the past five years.


For its fourth quarter of 2011, EMC Corp. reported EPS of $0.42, a 16.1% increase over last year’s fourth quarter. Revenue for this quarter increased 14% to $5.57 billion, and product sales increased a total of 11.2%


Executive Vice President and CFO David I. Goulden sold 65,000 shares of EMC stock on 01/25/2012 at the average price of $25.14. David I. Goulden owns at least 816,872 shares after this. The price of the stock has increased by 2.43% since. Executive Vice President and General Counsel Paul T. Dacier and President and COO II & Cloud Services Howard D. Elias both also sold shares of EMC stock.


TD Ameritrade Holding Corp. (AMTD, Financial): CFO William Gerber Sold 25,000 Shares


CFO William Gerber sold 25,000 shares of AMTD stock on 01/23/2012 at the average price of $17.3. William Gerber owns at least 179,115 shares after this. The price of the stock has decreased by 7.17% since.


In its first quarter of 2012, TD Ameritrade Holding Corp. reported net income of $152 million and revenue of $653.4 million. This marks a 4.8% rise in net income and 0.6% decrease in revenues from prior year quarter.


TD Ameritrade Holding Corporation has a servicing self-directed investors through its brokerage subsidiaries. TD Ameritrade Holding Corp. has a market cap of $8.82 billion; its shares were traded at around $16.06 with a P/E ratio of 14.2 and P/S ratio of 3.2. The dividend yield of TD Ameritrade Holding Corp. stocks is 1.5%. TD Ameritrade Holding Corp. had an annual average earnings growth of 17.3% over the past 10 years.


Delta Air Lines (DAL, Financial): Senior Vice President and CFO Hank Halter Sold 20,000 Shares


Senior Vice President and CFO of Delta Air Lines (DAL) Hank Halter sold 20,000 shares on 01/26/2012 at an average price of $10.38. Delta is America's fastest growing international carrier. Delta Air Lines has a market cap of $9.12 billion; its shares were traded at around $10.77 with a P/E ratio of 7.6 and P/S ratio of 0.3.


For its fourth quarter in 2011, Delta Air Lines reported total net income of $379 million.


Senior Vice President and CFO Hank Halter sold 20,000 shares of DAL stock on 01/26/2012 at the average price of $10.38. Hank Halter owns at least 163,065 shares after this. The price of the stock has increased by 3.76% since. Executive Vice President MArketing, Network Plng and Rev Management Glen W. Hauenstein sold 50,904 shares of DAL stock on 01/26/2012 at the average price of $10.4. Glen


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