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Weekly CFO Sells Highlight: HD, NWS, SOA, BWA, BGS, PRO

February 27, 2012 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Home Depot, News Corp Inc., Solutia Inc., Borg Warner Inc., B&G Foods Cl-A, and Pros Holdings.

Home Depot (HD): CFO and EVP Corp. Services Carol B. Tome Sold 170,000 Shares

CFO and EVP Corp. Services of Home Depot (HD) Carol B. Tome sold 170,000 shares on 02/23/2012 at an average price of $46.92. Home Depot is the one of world's largest home improvement retailer. Home Depot has a market cap of $72.42 billion; its shares were traded at around $46.98 with a P/E ratio of 19.1 and P/S ratio of 1.03. The dividend yield of Home Depot stocks is 2.47%. Home Depot had an annual average earnings growth of 7.4% over the past 10 years.

Home Depot recently released its fourth quarter 2011 results. During this quarter, the company saw total earnings of $774 million ($0.50 per share), as compared to $587 million ($0.36 per share) prior year quarter. Total transactions for the quarter increased 3.6%.

CFO and EVP Corp. Services Carol B. Tome sold 170,000 shares of HD stock on 02/23/2012 at the average price of $46.92. Carol B. Tome owns at least 599,398 shares after this. The price of the stock has increased by 0.13% since. Director Bonnie Guiton Hill sold 30,500 shares of HD stock on 02/24/2012 at the average price of $47.01.

News Corp. Inc. (NWS): Executive Vice President, Deputy CFO John Nallen Sold 127,800 Shares

Executive Vice President, Deputy CFO John Nallen sold 127,800 shares of NWS stock on 02/23/2012 at the average price of $19.55. John Nallen owns at least 235,913 shares after this. The price of the stock has increased by 3.17% since.

News Corporation's diversified global operations include the production and distribution of motion pictures and television programming; television, satellite and cable broadcasting; the publication of newspapers, magazines, books; the production and distribution of promotional and advertising products and services; the development of digital broadcasting; the development of conditional access and subscriber management systems; and the creation and distribution of popular on-line programming. News Corp Inc has a market cap of $49.9 billion; its shares were traded at around $20.17 with a P/E ratio of 15.28 and P/S ratio of 1.49. The dividend yield of News Corp Inc stocks is 0.94%.

News Corp Inc. has released its second quarter 2012 results. For this quarter, the company reported revenues of $8.98 billion, a 2% increase over the same quarter of last year. Net income was $1.06 billion – a growth of $415 million over prior year quarter.

Solutia Inc. (SOA): Executive Vice President and CFO James M. Sullivan Sold 97,048 Shares

Executive Vice President and CFO of Solutia Inc (SOA) James M. Sullivan sold 97,048 shares on 02/21/2012 at an average price of $28.15. Solutia is a market-performance materials and specialty chemicals company. Solutia Inc. has a market cap of $3.42 billion; its shares were traded at around $27.99 with a P/E ratio of 13.93 and P/S ratio of 1.63. The dividend yield of Solutia Inc. stocks is 0.54%. Solutia Inc. had an annual average earnings growth of 20% over the past five years.

Executive Vice President and CFO James M. Sullivan sold 97,048 shares of SOA stock on 02/21/2012 at the average price of $28.15. James M. Sullivan owns at least 161,821 shares after this. The price of the stock has decreased by 0.57% since. Director Robert K. Deveer Jr. and Senior Vice President, Chief HR Officer. Gary M. Glandon both also sold shares of SOA stock.

For its fourth quarter of 2011, Solutia Inc. reported net sales of $526 million – an 8% increase over last year. Diluted EPS was $0.45 for the quarter, with total income of $54 million – which was up $11 million from the same period in 2010. During this quarter, Solutia Inc. completed its acquisition of Southwall Technologies Inc.

Borg Warner Inc (BWA): Executive Vice President and CFO Robin J. Adams Sold 65,926 Shares

Executive Vice President and CFO of Borg Warner Inc. (BWA) Robin J. Adams sold 65,926 shares on 02/24/2012 at an average price of $83. BorgWarner Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. Borg Warner Inc has a market cap of $9.04 billion; its shares were traded at around $82.43 with a P/E ratio of 18.48 and P/S ratio of 1.27. Borg Warner Inc had an annual average earnings growth of 2.3% over the past 10 years.

Executive Vice President and CFO Robin J. Adams sold 65,926 shares of BWA stock on 02/24/2012 at the average price of $83. Robin J. Adams owns at least 295,783 shares after this. The price of the stock has decreased by 0.69% since. Director Ernest J. Novak Jr. sold 2,000 shares of BWA stock on 02/24/2012 at the average price of $82.38.

B&G Foods Cl-A (BGS): Executive Vice President of Finance and CFO Robert C. Cantwell Sold 60,000 Shares

Executive Vice President of Finance and CFO Robert C. Cantwell sold 60,000 shares of BGS stock on 02/23/2012 at the average price of $22.98. Robert C. Cantwell owns at least 231,712 shares after this. The price of the stock has increased by 0.04% since.

B&G FOODS and its subsidiaries manufacture sell and distribute a diversified portfolio of high-quality, shelf-stable foods across the U.S., Canada and Puerto Rico. B&G Foods Cl-A has a market cap of $1.1 billion; its shares were traded at around $22.99 with a P/E ratio of 21.29 and P/S ratio of 2.02. The dividend yield of B&G Foods Cl-A stocks is 4%. B&G Foods Cl-A had an annual average earnings growth of 2% over the past five years.

B&G Foods Cl-A recently reported its fourth quarter results for 2011. In this quarter, the company saw a net sales increase of 5.7% from prior year quarter to $150 million, and net income of $12.3 million ($0.25 per diluted share). Adjusted EBITDA for the quarter increased 11.8% from prior year quarter to $36.7 million.

Pros Holdings (PRO): Executive Vice President and CFO Charles H. Murphy Sold 60,000 Shares

Executive Vice President and CFO Charles H. Murphy sold 60,000 shares of PRO stock on 02/21/2012 at the average price of $18.59. Charles H. Murphy owns at least 206,785 shares after this. The price of the stock has decreased by 0.81% since.

PROS Holdings Inc. a world leader in Pricing and Revenue Optimization Software, today announced that the underwriters of its initial public offering have exercised in full their over-allotment option. Pros Holdings has a market cap of $496.74 million; its shares were traded at around $18.44 with a P/E ratio of 80.17 and P/S ratio of 5.14.

In its fourth quarter of 2011, Pros Holdings reported revenues of $26.2 million – a 30% increase over the same quarter last year. GAAP income was $2.7 million ($0.08 per share).

For the complete list of stocks 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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