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Weekly CFO Highlight: GS, VAL, DK, TRMB, SXT, LOW

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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Goldman Sachs Group Inc. (GS), Valspar Corp. (VAL), Delek US Holdings Inc. (DK), Trimble Navigation Ltd. (TRMB), Sensient Technologies Corp. (SXT), and Lowe’s Companies Inc (LOW).

Goldman Sachs Group Inc. (GS): Executive Vice President and CFO David A. Viniar Sold 100,000 Shares

Executive Vice President and CFO David A. Viniar sold 100,000 shares of GS stock on 11/29/2012 at the average price of $118.77. Viniar owns at least 769,261 shares after this. The price of the stock has decreased by 0.83% since.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. Goldman Sachs Group Inc. has a market cap of $57.68 billion; its shares were traded at around $117.79 with a P/E ratio of 11.6 and P/S ratio of 2. The dividend yield of Goldman Sachs Group Inc. stocks is 1.5%. Goldman Sachs had an annual average earnings growth of 4.8% over the past 10 years.

Goldman Sachs Group Inc. released its third quarter 2012 results on Oct.16, 2012. For that quarter, net revenues were $8.4 billion and net income was $1.5 billion. Earnings per diluted shares were $2.85 and the company reported an annualized return on common equity of 8.6%.

Chairman of the Board and CEO Lloyd C. Blankfein, Executive Vice President and General Counsel Gregory K. Palm, President and COO Gary D. Cohn, and Vice Chairman Michael S. Sherwood all sold shares of GS stock on 11/28/2012 at the price of $119.26.

Valspar Corp. (VAL): Senior Vice President and CFO Lori A. Walker Sold 84,932 Shares

Senior Vice President and CFO Lori A. Walker sold 84,932 shares of VAL stock on 11/26/2012 at the average price of $61.43. Lori A. Walker owns at least 89,926 shares after this. The price of the stock has increased by 2.2% since.

The Valspar Corp. is a global leader in the paint and coatings industry, with a broad range of products including industrial, architectural, packaging, automotive refinish and floor coatings, and specialty polymers and colorants. Valspar Corp. had an annual average earnings growth of 6.2% over the past 10 years. GuruFocus rates Valspar the business predictability rank of 4.5 stars.

The Valspar Corp. recently announced its fourth quarter 2012 results ended Oct. 26, 2012. Fourth quarter sales were $1.02 billion, compared to $1.05 billion prior year quarter. Adjusted net income per share was $0.86, compared to $0.84 in the same quarter of 2011. Reported net income was $73.8 million ($0.79 per share). Also during this quarter, the company repurchased 5.7 million shares of its stock.

Chairman, President and CEO Gary E. Hendrickson sold 13,158 shares of VAL stock on 11/28/2012 at the average price of $62.19.

Delek US Holdings Inc. (DK): Executive Vice President and CFO Mark B. Cox Sold 84,500 Shares

Executive Vice President and CFO Mark B. Cox sold 84,500 shares of DK stock on 11/28/2012 at the average price of $25.37. Cox owns at least 175,500 shares after this. The price of the stock has increased by 3.59% since.

Delek US Holdings is a diversified energy business focused on petroleum refining, marketing and supply of refined products, and retail marketing of fuel and general merchandise. Delek has a market cap of $1.55 billion; its shares were traded at around $26.28 with a P/E ratio of 7.4 and P/S ratio of 0.2. The dividend yield of Delek stocks is 0.6%.

Trimble Navigation Ltd. (TRMB): CFO Rajat Bahri Sold 69,667 Shares

CFO Rajat Bahri sold 69,667 shares of TRMB stock on 11/30/2012 at the average price of $55.11. Rajat Bahri owns at least 243 shares after this. The price of the stock has increased by 0.65% since.

Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Trimble Navigation Ltd. has a market cap of $6.9 billion; its shares were traded at around $55.47 with a P/E ratio of 23.3 and a P/S ratio of 4.2. Trimble Navigation Ltd. had an annual average earnings growth of 13.1% over the past 10 years.

Trimble Navigation Ltd. announced third quarter 2012 revenue of $504.8 million, up 21% from prior year quarter. GAAP net income increased 91% year over year to $53.4 million. Diluted earnings per share were $0.42 compared to $0.22 last year.

President and CEO Steven W. Berglund sold 50,000 shares of TRMB stock on 11/29/2012 at the average price of $55.13. Vice President Mark A. Harrington, and Director Bradford W. Parkinson both also sold shares of TRMB stock during the past week.

Sensient Technologies Corp. (SXT): Senior Vice President and CFO Richard F. Hobbs Sold 63,874 Shares

Senior Vice President and CFO Richard F. Hobbs sold 63,874 shares of SXT stock on 11/26/2012 at the average price of $35.44. Hobbs owns at least 74,998 shares after this. The price of the stock has increased by 2.14% since.

Sensient Technologies is a global supplier of colors, flavors and fragrances. It has a market cap of $1.77 billion; its shares were traded at around $36.2 with a P/E ratio of 14.1 and P/S ratio of 1.2. The dividend yield of Sensient Technologies stocks is 2.5%. Sensient had an annual average earnings growth of 2.1% over the past 10 years.

For its third quarter ended Sept. 30, 2012, Sensient Technologies Corp. reported diluted EPS of $0.66, compared to $0.64 prior year quarter. Revenue was $369.4 million in this quarter, as compared to $363.8 million last year. Operating income increased to $50.7 million from $49.9 million prior year quarter.

Lowe's Companies Inc. (LOW): CFO Robert F. Jr. Hull Sold 62,000 Shares

CFO Robert F. Jr. Hull sold 62,000 shares of LOW stock on 11/27/2012 at the average price of $35.25. Hull owns at least 269,172 shares after this. The price of the stock has increased by 2.24% since.

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. Lowe's Companies Inc. has a market cap of $40.09 billion; its shares were traded at around $36.04 with a P/E ratio of 19.9 and P/S ratio of 0.8. The dividend yield of Lowe's Companies Inc. stocks is 1.8%. Lowe's Companies Inc. had an annual average earnings growth of 6.5% over the past 10 years.

Lowe’s Companies Inc. has released its third quarter 2012 results. Net earnings for this quarter were $396 million, a 76% increase over the same quarter last year. Diluted EPS increased 94.4% to $0.35. Comparable store sales increased 1.8% for this quarter.

Chairman, President and CEO Robert A. Niblock sold 1,572,000 shares of LOW stock on 11/23/2012 at the average price of $34.51. Chief Learning Officer, Chief Commercial Officer and Secretary Gaither M Keener Jr. also sold shares of LOW stock during the past week, along with multiple other insiders.

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


Rating: 3.3/5 (3 votes)

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