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WEEKLY CFO SELLS: LOW, SBUX, PRU, CLNE, DISCA

March 18, 2012 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Lowes Cos, Starbucks Corp, Prudential Finl, Clean Egy Fuels, and Discovery Com-A.

Lowes Cos (LOW): EVP-CFO Robert F Jr Hull Sold 207,000 Shares

EVP-CFO of Lowes Cos (LOW) Robert F Jr Hull sold 207,000 shares on 03/09/2012 at an average price of $29.51. Lowe's Companies Inc. is a retailer of home improvement products in the world, with specific emphasis on retail do-it-yourself and commercial business customers. Lowes Cos has a market cap of $37.29 billion; its shares were traded at around $30.41 with a P/E ratio of 17.9 and P/S ratio of 0.7. The dividend yield of Lowes Cos stocks is 1.9%. Lowes Cos had an annual average earnings growth of 4.1% over the past 10 years.

Lowes Cos’ fourth quarter net income rose 13% from prior year quarter, on an 11% rise in revenues. Lowes reported EPS of $0.26 as compared to $0.21 last year.

EVP-CFO Robert F Jr Hull sold 207,000 shares of LOW stock on 03/09/2012 at the average price of 29.51. Robert F Jr Hull owns at least 268,094 shares after this. The price of the stock has increased by 3.05% since. SVP & Chief Risk Officer Marshall A Croom, EVP Human Resources Maureen K Ausura, and multiple other insiders have also sold shares of LOW stock over the past week.

Starbucks Corp (SBUX): cfo and cao Troy Alstead Sold 130,218 Shares

CFO and CAO of Starbucks Corp (SBUX) Troy Alstead sold 130,218 shares on 03/09/2012 at an average price of $51.71. Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipments primarily through its company-operated retail stores. Starbucks Corp has a market cap of $39.06 billion; its shares were traded at around $53.21 with a P/E ratio of 33 and P/S ratio of 3.3. The dividend yield of Starbucks Corp stocks is 1.3%. Starbucks Corp had an annual average earnings growth of 18.7% over the past 10 years. GuruFocus rated Starbucks Corp the business predictability rank of 3-star.

Starbucks Corp recently released its first quarter results for 2012. In this quarter, the company saw a profit increase of 10% from prior year quarter to $382.1 million ($0.50 per share). Revenue increased to $3.44 billion as revenues from stores open at least a year increased 9%. Starbucks reported operating margins decreased from 17% to 16.2% for this quarter.

CEO Howard D Schultz sold 1,735,000 shares of SBUX stock on 03/15/2012 at the average price of 52.34. CFO Troy Alstead sold 130,218 shares of SBUX stock on 03/09/2012 at the average price of 51.71. Troy Alstead owns at least 189,975 shares after this. The price of the stock has increased by 2.9% since. EVP Paula Boggs and Pres, Americas and US Clifford Burrows both also sold shares of SBUX stock.

Prudential Finl (PRU): EVP and CFO Richard J Carbone Sold 111,479 Shares

EVP and CFO of Prudential Finl (PRU) Richard J Carbone sold 111,479 shares on 03/09/2012 at an average price of $62.08. Prudential Financial, Inc. is one of the largest financial services institutions in the United States. Prudential Finl has a market cap of $29 billion; its shares were traded at around $63.71 with a P/E ratio of 9.6 and P/S ratio of 0.7. The dividend yield of Prudential Finl stocks is 2.3%.

In its fourth quarter of 2011, Prudential Finl saw net income of $606 million ($1.26 per share), as compared to $.45 per share prior year quarter. Fourth quarter after-tax adjusted operating income was $1.97 per share as compared to $1.79 in the year-ago quarter.

EVP and CFO Richard J Carbone sold 111,479 shares of PRU stock on 03/09/2012 at the average price of 62.08. Richard J Carbone owns at least 85,981 shares after this. The price of the stock has increased by 2.63% since. Vice Chairman Mark B Grier sold 106,956 shares of PRU stock on 03/12/2012 at the average price of 61.18.

Clean Egy Fuels (CLNE): CFO Richard R Wheeler Sold 105,000 Shares

CFO of Clean Egy Fuels (CLNE) Richard R Wheeler sold 105,000 shares on 03/15/2012 at an average price of $19.99. CLEAN ENERGY FUELS, based in Seal Beach, Calif., is the provider of natural gas (CNG and LNG) for transportation in North America. Clean Egy Fuels has a market cap of $1.78 billion; its shares were traded at around $21.05 with and P/S ratio of 8.4.

Clean Egy Fuels has released its fourth quarter 2011 results. For this quarter, the company reported revenues of $86.2 million as compared to $83.2 million prior year quarter. Net loss in this quarter was $20.9 million ($0.29 per share), as compared to net income of $13.8 million ($0.18 per share) in the same quarter of 2010.

CFO Richard R Wheeler sold 105,000 shares of CLNE stock on 03/15/2012 at the average price of 19.99. The price of the stock has increased by 5.3% since. Chief Marketing Officer James N Harger sold 90,000 shares of CLNE stock on 03/16/2012 at the average price of 20.14. Director Kenneth M Socha sold 17,177 shares of CLNE stock on 03/15/2012 at the average price of 20.12.

Discovery Com-A (DISCA): SEVP & CFO Bradley E Singer Sold 102,827 Shares

SEVP & CFO of Discovery Com-A (DISCA) Bradley E Singer sold 102,827 shares on 03/14/2012 at an average price of $48.06. DISCOVERY COMMUNICATIONS INC., formerly Discovery Holding Company, is a holding company that conducts operations through its two wholly owned operating subsidiaries, Ascent Media Group, LLC and Ascent Media CANS, LLC, and throught its 66. Discovery Com-a has a market cap of $12.2 billion; its shares were traded at around $47.93 with a P/E ratio of 19.6 and P/S ratio of 2.9. Discovery Com-a had an annual average earnings growth of 117.4% over the past 5 years.

In its fourth quarter of 2011, Discovery Com-A saw revenues of $1.12 billion, an increase of 11% over last year’s fourth quarter. Net income was $336 million ($0.86 per share), as compared to $194 million ($0.45 per share) prior year quarter. Also, during this quarter free cash flow increased $121 million to $324 million.

Pres. & CEO, DNI Mark G Hollinger sold 234,100 shares of DISCA stock on 03/12/2012 at the average price of 46.5. SEVP & CFO Bradley E Singer sold 102,827 shares of DISCA stock on 03/14/2012 at the average price of 48.06. Bradley E Singer owns at least 10,475 shares after this. The price of the stock has decreased by 0.27% since. Other insiders sold shares of DISCA as well.

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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