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WEEKLY CFO SELLS HIGHLIGHT: KOS, AXP, KKR, WBC, LOPE

March 03, 2013 | About:

According to GuruFocus Insider Data, the largest CFO sells during the past week were: Kosmos Energy, Ltd., American Express Co., KKR & Co. L.P., Wabco Holdings Incorporated, and Grand Canyon Education, Inc.

Kosmos Energy, Ltd., (KOS): Executive VP and CFO W. Greg Dunlevy Sold 720,585 Shares

Executive VP and CFO W. Greg Dunlevy sold 720,585 shares of KOS stock on February 21, 2013 at the average price of $11. W Greg Dunlevy owns at least 8,476,799 shares after this. The price of the stock has decreased by 1.36% since.

Kosmos Energy, Ltd., has a market cap of $4.22 billion; its shares were traded at around $10.85 with a P/S ratio of 6.0024.

Kosmos Energy, Ltd., reported fourth quarter 2012 net income of $32 million ($0.08 per diluted share), compared to income of $34 million ($0.09 per share) in the same quarter last year.

Director and CEO Brian F. Maxted sold 1,061,461 shares of KOS stock on February 21, 2013 at the average price of $11. SVP, Legal & External Affairs William S. Hayes, SVP, Chief Geoscientist Paul A. Dailly, and multiple other insiders all sold shares of stock over the past week.

American Express Co. (AXP): EVP, CFO Daniel T. Henry Sold 206,280 Shares

EVP and CFO Daniel T. Henry sold 206,280 shares of AXP stock on February 21, 2013 at the average price of $61.31. Daniel T Henry owns at least 84,143 shares after this. The price of the stock has increased by 1.7% since.

American Express Co. was founded in 1850 as a joint stock association and was incorporated in 1965 as a New York corporation. American Express Co. has a market cap of $68.9 billion; its shares were traded at around $62.35 with a P/E ratio of 16.0256 and P/S ratio of 2.2533. The dividend yield of American Express Co. stocks is 1.28%. American Express Co. had an annual average earnings growth of 5% over the past 10 years. GuruFocus rated American Express Co. with the business predictability rank of 3.5-star.

American Express Co. has reported its fourth quarter 2012 results. These included net income of $637 million, down 47% from the $1.2 billion reported in the prior year quarter. Fourth quarter 2012 income included a restructuring charge, rewards expense, and card member reimbursements. Excluding these, fourth quarter adjusted income was $1.2 billion ($1.09 per share). Total revenues for the quarter were $8.1 billion, compared to $7.7 billion last year.

EVP, Advertising John D. Hayes sold 32,000 shares of AXP stock on February 22, 2013 at the average price of $62.29.

KKR & Co. L.P. (KKR): CFO William J. Janetschek Sold 163,400 Shares

CFO William J. Janetschek sold 163,400 shares of KKR stock on February 21, 2013 at the average price of $17.8. William J. Janetschek owns at least 22,500 shares after this. The price of the stock has increased by 2.75% since.

KKR & Co. L.P. was founded in 1976. The company's business offers a broad range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. KKR & Co. L.P. has a market cap of $4.77 billion; its shares were traded at around $18.29 with a P/E ratio of 8.2781 and P/S ratio of 8.1766. The dividend yield of KKR & Co. L.P. stocks is 6.67%.

KKR reported fourth quarter net income of $96.7 million, up from the $46.1 million reported prior year quarter. Assets under management increased to $75.5 billion from $66.3 million, and total distributable earnings were $546.3 million compared to $146.5 million in the same period last year.

Wabco Holdings Incorporated (WBC): Senior Vice President and CFO Ulrich Michel Sold 113,026 Shares

Senior Vice President and CFO of Wabco Holdings Incorporated (WBC) Ulrich Michel sold 113,026 shares during the past week at an average price of $69.8.

Wabco Holdings Incorporated was founded in the United States in 1869 as Westinghouse Air Brake Company. Wabco Holdings Incorporated has a market cap of $4.32 billion; its shares were traded at around $68.7 with a P/E ratio of 14.881 and P/S ratio of 1.8116. Wabco Holdings Incorporated had an annual average earnings growth of 23.4% over the past 5 years.

Wabco Holdings Incorporated reported fourth quarter net income down to $69.6 million ($1.08 per share) from income of $80.7 million ($1.21 per share) prior year quarter. Sales fell 11.2 percent to $596.5 million.

Vice President Nick Rens ,and Vice President Michael E. Thompson both also recently sold shares of WBC stock.

Grand Canyon Education Inc. (LOPE): CFO Daniel E. Bachus Sold 71,056 Shares

CFO Daniel E. Bachus sold 71,056 shares of LOPE stock on February 25, 2013 at the average price of $25.17. Daniel E. Bachus owns at least 46,000 shares after this. The price of the stock has decreased by 4.57% since.

Grand Canyon Education, Inc., was formed in Delaware in November 2003 as a limited liability company, under the name Significant Education, LLC. Grand Canyon Education, Inc., has a market cap of $1.07 billion; its shares were traded at around $24.02 with a P/E ratio of 15.6986 and P/S ratio of 2.1259. Grand Canyon Education, Inc., had an annual average earnings growth of 38.7% over the past 5 years. GuruFocus rated Grand Canyon Education, Inc., with the business predictability rank of 4.5-star.

Grand Canyon Education Inc., has released its fourth quarter 2012 results. For this quarter, net revenue increased 25% to $141.3 million, and net income increased 36.4% to $20.9 million ($0.46 per share).

President and CEO Brian E. Mueller sold 200,000 shares of LOPE stock over the past week. COO William Stan Meyer sold 71,000 shares of LOPE stock on February 25, 2013 at the average price of $25.17.

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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