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Weekly CFO Sells Highlight: OMC, NEE, EW, STZ, GRPN

August 08, 2012 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Omnicom Group Inc., NextEra Energy Inc., Edwards Lifesciences Corp., Constellation Brands Inc. and Groupon Inc.

Omnicom Group Inc. (OMC): Executive Vice President and CFO Randall J. Weisenburger Sold 300,000 Shares

Executive Vice President and CFO Randall J. Weisenburger sold 300,000 shares of OMC stock on 07/30/2012 at the average price of $49.87. Randall J. Weisenburger owns at least 691,089 shares after this. The price of the stock has increased by 1.8% since.

Omnicom Group Inc. provides corporate communications services to clients worldwide on a global, pan-regional, national and local basis. Omnicom Group Inc. has a market cap of $13.89 billion; its shares were traded at around $50.77 with a P/E ratio of 14.9 and P/S ratio of 1. The dividend yield of Omnicom Group Inc. stocks is 2.4%. Omnicom Group Inc. had an annual average earnings growth of 7.7% over the past 10 years. GuruFocus rated Omnicom Group Inc. the business predictability rank of 3.5-star.

Omnicom Group Inc. has released its second quarter 2012 results. The company reported net income of $282.7 million ($1.02 per diluted share), compared to income of $275.1 million ($0.96 per share) prior year quarter. Total revenues were $3.56 billion in this quarter, a 2.1% increase over the same quarter last year.

NextEra Energy Inc. (NEE): Vice Chairman and CFO Moray P. Dewhurst Sold 100,000 Shares

Vice Chairman and CFO Moray P. Dewhurst sold 100,000 shares of NEE stock on 08/01/2012 at the average price of $71.17. Moray P. Dewhurst owns at least 257,513 shares after this. The price of the stock has decreased by 1.1% since.

NextEra Energy Inc. formerly known as FPL Group Inc. Nextera Energy Inc. has a market cap of $29.56 billion; its shares were traded at around $70.39 with a P/E ratio of 15.7 and P/S ratio of 1.9. The dividend yield of Nextera Energy Inc. stocks is 3.4%. Nextera Energy Inc. had an annual average earnings growth of 5.9% over the past 10 years.

NextEra Energy Inc. reported second quarter GAAP net income of $607 million ($1.45 per share), compared with $580 million ($1.38 per share) in the same period last year.

Edwards Lifesciences Corp (EW): CVP, CFO Thomas M Abate Sold 60,000 Shares

CVP and CFO Thomas M. Abate sold 60,000 shares of EW stock on 07/27/2012 at the average price of $102.99. Thomas M. Abate owns at least 46,474 shares after this. The price of the stock has decreased by 2.5% since.

Edwards Lifesciences Corp. a leader in advanced cardiovascular disease treatments, is the number-one heart valve company in the world and the global leader in acute hemodynamic monitoring. Edwards Lifesciences Corp has a market cap of $11.61 billion; its shares were traded at around $100.42 with a P/E ratio of 46.1 and P/S ratio of 6.9. Edwards Lifesciences Corp. had an annual average earnings growth of 11.1% over the past 10 years. GuruFocus rated Edwards Lifesciences Corp. the business predictability rank of 5-star.

Edwards Lifesciences Corp. recently released its second quarter 2012 earnings results. The company reported total net income of $67.8 million ($0.57 per share), compared to $58.1 million ($0.48 per share) prior year quarter. Second quarter net sales increased 11.8% to $482 million. Gross profit margin was 73.1 percent, compared to 70.4 percent last year.

Multiple other insiders also sold shares of EW stock during the past week.

Constellation Brands Inc. (STZ): Executive Vice President and CFO Robert P. Ryder Sold 55,557 Shares

Executive Vice President and CFO Robert P. Ryder sold 55,557 shares of STZ stock on 08/03/2012 at the average price of $29.31. Robert P. Ryder owns at least 53,288 shares after this. The price of the stock has increased by 2.01% since.

Constellation Brands Inc. is a international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. Constellation Brands Inc. has a market cap of $5.31 billion; its shares were traded at around $29.9 with a P/E ratio of 12.6 and P/S ratio of 2.

Constellation Brands Inc. has released its first quarter 2013 results ended May 31, 2012. The company saw comparable basis diluted EPS of $0.40, with free cash flow of $77 million. During this quarter, Constellation Brands repurchased 18 million shares of its stock for $383 million.

Director Paul L. Smith sold 10,447 shares of STZ stock on 08/02/2012 at the average price of $29.02.

Groupon Inc. (GRPN): CFO Jason Child Sold 55,000 Shares

CFO Jason Child sold 55,000 shares of GRPN stock on 07/31/2012 at the average price of $6.87. Jason Child owns at least 182,525 shares after this. The price of the stock has increased by 5.68% since.

Groupon Inc. operates a shopping website which offers goods and services at a discount in North America and internationally. Groupon Inc. has a market cap of $4.24 billion; its shares were traded at around $7.26 with and P/S ratio of 2.6.

Groupon Inc. announced first quarter 2012 revenue of $559.3 million – reflecting a 89% increase year over year. Operating income was $39.6 million , compared to a loss of $117.1 million prior year quarter. Net loss for the quarter was $11.7 million ($0.02 per share), compared to a loss of $146.5 million in the same quarter last year.

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

Rating: 4.0/5 (5 votes)

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