Weekly CFO Sells Highlight: FIS, LVS, TRW, VLO

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Dec 22, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Fidelity National Information Services Inc., Las Vegas Sands Corp., TRW Automotive Holdings Corp., and Valero Energy Corp.

Fidelity National Information Services Inc. (FIS, Financial): Corporate Executive Vice President and CFO Michael D. Hayford Sold 858,598 Shares

Corporate Executive Vice President and CFO Michael D. Hayford sold 858,598 shares of FIS stock on 12/18/2012 at the average price of $35.07. Hayford owns at least 476,265 shares after this. The price of the stock has decreased by 0.51% since.

Chairman and CEO Frank R. Martire sold 1,144,659 shares of FIS stock on 12/18/2012 at the average price of $35.06. Multiple other insiders also sold shares of FIS stock during the past week.

Fidelity National Information Services Inc. was incorporated under the laws of the State of Georgia. The company has a market cap of $10.26 billion. Its shares were traded at around $34.89 with a P/E ratio of 14.7 and P/S ratio of 1.9. The dividend yield of Fidelity stock is 2.2%. Fidelity had an annual average earnings growth of 5.9% over the past 10 years.

The company reported third quarter 2012 revenue of $1.44 billion, an increase of 2.8% from the same quarter of last year. GAAP net income was $147.8 million ($0.50 per diluted share), compared to $143.4 million ($0.47 per share) prior year quarter. Also during this quarter, the company repurchased 3.1 million shares of its stock for $100 million.

Las Vegas Sands Corp. (LVS, Financial): Executive Vice President and CFO Kenneth J. Kay Sold 122,000 Shares

Executive Vice President and CFO Kenneth J. Kay sold 122,000 shares of LVS stock on 12/13/2012 at the average price of $45.60. Kay owns at least 211 shares after this. The price of the stock has increased by 1.34% since.

Las Vegas Sands Corp. was incorporated as a Nevada corporation in August 2004. Las Vegas Sands Corp. has a market cap of $38.36 billion; its shares were traded at around $46.21 with a P/E ratio of 20.1 and P/S ratio of 3.8. The dividend yield of the company's stock is 2.3%. Las Vegas Sands Corp had an annual average earnings growth of 15.1% over the past five years.

In its third quarter of 2012, Las Vegas Sands Corp. saw year-over-year net revenue growth of 12.5% to $2.71 billion, and adjusted net income decrease to $382.2 million ($0.46 per diluted share) from $444.8 million ($0.55 per share) prior year quarter. GAAP net income for the third quarter of 2012 decreased 1.1% from last year to $349.8 million.

Chief Accounting Officer Michael Quartieri sold 36,750 shares of LVS stock on 12/17/2012 at the average price of $46.22.

TRW Automotive Holdings Corp (TRW, Financial): Executive Vice Presiden and CFO Joseph S. Cantie Sold 120,000 Shares

Executive Vice President and CFO Joseph S. Cantie sold 120,000 shares of TRW stock on 12/19/2012 at the average price of $52.14. Cantie owns at least 227,176 shares after this. The price of the stock has increased by 0.12% since.

TRW Automotive Holdings Corp. is a Delaware corporation formed in 2002. The company has a market cap of $6.24 billion; its shares were traded at around $52.2 with a P/E ratio of 8.1 and P/S ratio of 0.4. TRW Automotive Holdings Corp. had an annual average earnings growth of 7.2% over the past five years.

TRW Automotive Holdings Corp. recently reported third quarter 2012 sales of $4 billion, a 1% increase from prior year quarter. GAAP third quarter net earnings were $163 million ($1.28 per diluted share), compared to earnings of $158 million ($1.22 per share) last year. Third quarter net cash flow was $156 million and free cash flow was $31 million, compared to last year’s respective $160 million and $23 million.

Chairman, President and CEO John C. Plant sold 50,000 shares of TRW stock on 12/19/2012 at the average price of $52.14.

Valero Energy Corp. (VLO, Financial): Executive Vice President and CFO Michael S. Ciskowski Sold 110,000 Shares

Executive Vice President and CFO Michael S. Ciskowski sold 110,000 shares of VLO stock on 12/19/2012 at the average price of $33.96. Ciskowski owns at least 255,988 shares after this. The price of the stock has increased by 0.47% since.

Valero Energy was incorporated in Delaware in 1981 under the name Valero Refining and Marketing Company. It has a market cap of $18.85 billion; its shares were traded at around $34.12 with a P/E ratio of 9.1 and P/S ratio of 0.1. The dividend yield of Valero stock is 2.2%. The company had an annual average earnings growth of 4.7% over the past 10 years.

Valero Energy Corp. has released its third quarter 2012 results. For this quarter, net income was $674 million ($1.21 per share) compared to income of $1.2 billion ($2.11 per share) in the third quarter of 2011. Third quarter 2012 net income includes a $342 million non-cash impairment charge after taxes. Excluding this and other charges, third quarter income was $1.1 billion ($1.90 per share).

CEO and President William R. Klesse sold 108,000 shares of VLO stock on 12/17/2012 at the average price of $33.46. Director Bob Marbut and Executive Vice President Joseph W. Gorder both also sold shares of VLO stock recently.

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