Weekly CFO Sells Highlight: FB, FSL, IVZ, IDXX, PFMT, CTXS

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Feb 11, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Facebook Inc., Freescale Semiconductor Ltd., Invesco Ltd., Idexx Laboratories, Performant Financial Corp. and Citrix Systems Inc.

Facebook Inc. (FB, Financial): CFO David A. Ebersman Sold 173,400 Shares

CFO David A. Ebersman sold 173,400 shares of FB stock on 02/05/2013 at the average price of $28.87. David A Ebersman owns at least 2,227,981 shares after this. The price of the stock has decreased by 0.87% since.

Facebook Inc. was incorporated in Delaware in July 2004. Facebook Inc. has a market cap of $68 billion; its shares were traded at around $28.62 with a P/E ratio of 2500 and P/S ratio of 12.1507.

In its fourth quarter of 2012, Facebook Inc. generated revenue of $1.59 billion, up 40% from prior year quarter. However, profits decreased to $64 million ($0.03 per share) from $302 million ($0.14 per share) prior year quarter – due mostly to an 82% increase in costs and expenses in the quarter.

Director Donald Graham, Director James Breyer, and COO Sheryl Sandberg all sold shares of FB stock during the past week.

Freescale Semiconductor Ltd (FSL, Financial): SVP & CFO Alan Campbell Sold 135,604 Shares

Senior Vice President and CFO Alan Campbell sold 135,604 shares of FSL stock on 02/08/2013 at the average price of $15.27. Alan Campbell owns at least 69,540 shares after this. The price of the stock has increased by 0.65% since.

Freescale Semiconductor Ltd. processes semiconductors and solutions for automotive, networking, industrial, and consumer markets worldwide. Freescale Semiconductor Ltd. has a market cap of $3.86 billion; its shares were traded at around $15.37 with and P/S ratio of 0.972.

Freescale Semiconductor Ltd. reported fourth quarter net sales of $957 million, compared to $1.01 billion last year. Net loss was $35 million ($0.14 per share), compared to a loss of $6 million ($0.02 per share) prior year quarter.

Many other insiders also recently sold shares of FSL stock.

Invesco Ltd. (IVZ, Financial): SMD and CFO Loren M. Starr Sold 126,000 Shares

SMD and CFO Loren M Starr sold 126,000 shares of IVZ stock on 02/04/2013 at the average price of $27.09. Loren M. Starr owns at least 338,841 shares after this. The price of the stock has increased by 0.59% since.

Invesco Ltd. was organized under the laws of Bermuda. Invesco Ltd. has a market cap of $12.13 billion; its shares were traded at around $27.25 with a P/E ratio of 17.2712 and P/S ratio of 3.0488. The dividend yield of Invesco Ltd. stocks is 2.34%. Invesco Ltd. had an annual average earnings growth of 8.2% over the past 10 years.

Invesco Ltd. reported fourth quarter 2012 net income of $158.7 million ($0.35 per share), compared to $202.3 million ($0.44 per share) prior year quarter. $1 billion was added to Invesco’s funds during the quarter, down 91% from the same quarter last year.

Idexx Laboratories (IDXX, Financial): Executive VP & CFO Merilee Raines Sold 262,380 Shares

Executive Vice President and CFO Merilee Raines sold 175,929 shares of IDXX stock on 02/04/2013 at the average price of $94.25. Merilee Raines owns at least 9,800 shares after this. The price of the stock has decreased by 0.74% since.

Idexx Laboratories is a Delaware corporation and was incorporated in 1983. Idexx Laboratories has a market cap of $5.12 billion; its shares were traded at around $93.55 with a P/E ratio of 30.581 and P/S ratio of 4.122. Idexx Laboratories had an annual average earnings growth of 16.6% over the past 10 years. GuruFocus rated Idexx Laboratories the business predictability rank of 5-star.

Idexx announced fourth quarter 2012 revenues of $1.29 billion, an increase of 6% over the fourth quarter of 2011. Operating profit increased 11% to $262.6 million, and EPS were $3.17 compared to $2.78 last year.

Executive Vice President Michael J. Williams Ph.D. sold 24,294 shares of IDXX stock on 02/01/2013 at the average price of $94.69.

Performant Financial Corp (PFMT, Financial): CFO Hakan Orvell Sold 70,013 Shares

CFO Hakan Orvell sold 70,013 shares of PFMT stock on 02/05/2013 at the average price of $10.2. The price of the stock has increased by 30.2% since.

Performant Financial Corp commenced its operations in 1976 under the corporate name Diversified Collection Services, Inc. Performant Financial Corp has a market cap of $601.858 million; its shares were traded at around $13.28 with and P/S ratio of 3.059.

CEO Lisa Im sold 336,331 shares of PFMT stock on 02/05/2013 at the average price of $10.2. Director Jeffrey S. Stein, Director, 10% Owner Brian P. Golson, and multiple other insiders all also sold shares of PFMT stock.

Citrix Systems Inc. (CTXS, Financial): Executive Vice President Operations and CFO David J. Henshall Sold 55,000 Shares

Executive Vice President Operations and CFO David J. Henshall sold 55,000 shares of CTXS stock on 02/01/2013 at the average price of $74.6. David J. Henshall owns at least 168,141 shares after this. The price of the stock has decreased by 2.41% since.

Citrix Systems Inc. is a Delaware corporation founded on April 17, 1989. Citrix Systems Inc. has a market cap of $13.61 billion; its shares were traded at around $72.8 with a P/E ratio of 39.6825 and P/S ratio of 5.596. Citrix Systems Inc. had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Citrix Systems Inc. the business predictability rank of 4-star.

Citrix Systems Inc. has released its fourth quarter 2012 results. Revenue for the quarter increased 19% year-over-year to $740 million. GAAP net income was $114 million ($0.60 per share), compared to $109 million ($0.58 per share) in the prior year quarter.

CEO and President Mark B. Templeton sold 62,500 shares of CTXS stock on 02/01/2013 at the average price of $74.6.

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