1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
gurujx
gurujx
Articles (514) 

Weekly CFO Sells Highlight: USB, SGEN, CAH, ALXN, ABMD

July 21, 2013 | About:

According to GuruFocus Insider Data, the largest CFO sells during the past week were: U.S. Bancorp, Seattle Genetics Inc, Cardinal Health Inc, Alexion Pharmaceuticals Inc, and Abiomed Inc.

U.S. Bancorp (NYSE:USB): Vice Chairman and CFO Andrew Cecere Sold 259,355 Shares

Vice Chairman and CFO Andrew Cecere sold 259,355 shares of USB stock on July 18 at the average price of $37.02. Andrew Cecere owns at least 238,032 shares after this. The price of the stock has increased by 0.65% since.

U.S. Bancorp was incorporated in Delaware in 1929. It is a multi-state financial services holding company headquartered in Minneapolis, Minnesota. U.S. Bancorp has a market cap of $68.57 billion; its shares were traded at around $37.26 with a P/E ratio of 12.87 and P/S ratio of 3.51. The dividend yield of U.S. Bancorp stocks is 2.19%. U.S. Bancorp had an annual average earnings growth of 19.6% over the past 5 years.

U.S. Bancorp released its second quarter 2013 results on July 17, 2013. For this quarter, the company reported net income of $1.48 billion ($0.76 per diluted share). The company's annual dividend was raised from $0.78 to $0.92, return on average assets was 1.7%, and return on average common equity was 16.1%.

Chairman, President and CEO Richard K Davis sold 286,900 shares of USB stock on July 19 at the average price of $37.27. Vice Chairman Pamela A Joseph and multiple other insiders all also sold shares of USB stock over the past week.

Seattle Genetics Inc. (NASDAQ:SGEN): CFO Todd E Simpson Sold 92,527 Shares

CFO Todd E Simpson sold 92,527 shares of SGEN stock on July 12 at the average price of $37.45. Todd Simpson owns at least 113,957 shares after this. The price of the stock has increased by 4.43% since.

Seattle Genetics, Inc. was incorporated in Delaware on July 15, 1997. Seattle Genetics, Inc. has a market cap of $4.72 billion; its shares were traded at around $39.11 with and P/S ratio of 21.14.

Seattle Genetics reported first quarter 2013 results ended March 31, 2013. Total revenues for the quarter were $57.3 million compared to $48.2 million prior year quarter. Net loss was $16.3 million ($0.14 per share), compared to a loss of $12.3 million ($0.11 per share) last year.

Cardinal Health Inc (NYSE:CAH): CFO Jeffrey William Henderson Sold 97,871 Shares

CFO of Cardinal Health Inc (NYSE:CAH) Jeffrey William Henderson sold 97,871 shares during the past week at an average price of $48.99.

Cardinal Health, Inc is an Ohio corporation formed in 1979. Cardinal Health Inc has a market cap of $17.15 billion; its shares were traded at around $50.52 with a P/E ratio of 15.08 and P/S ratio of 0.17. The dividend yield of Cardinal Health Inc stocks is 2.16%.

Cardinal Health Inc. reported second quarter 2013 revenues of $24.6 billion, with a 28% increase in non-GAAP earnings per share to $1.20. GAAP EPS from continuing operations increased 5% to $1.00.

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN): EVP & CFO Vikas Sinha Sold 50,000 Shares

EVP & CFO Vikas Sinha sold 50,000 shares of ALXN stock on July 12 at the average price of $120. Vikas Sinha owns at least 312,655 shares after this. The price of the stock has decreased by 6.53% since.

Alexion Pharmaceuticals Inc. is a biopharmaceutical company focused on serving patients with severe and ultra-rare disorders through the innovation, development and commercialization of life-transforming therapeutic products. Alexion Pharmaceuticals Inc. has a market cap of $21.77 billion; its shares were traded at around $112.17 with a P/E ratio of 76.92 and P/S ratio of 18.21. Alexion Pharmaceuticals Inc. had an annual average earnings growth of 70.6% over the past 5 years.

Alexion Pharmaceuticals Inc. has released its first quarter 2013 results. First quarter net product sales increased 38% to $338.9 million. GAAP net income grew 81% to $82.2 million ($0.41 per share), with non-GAAP income growing 49% to $131.1 million.

EVP Chief Commercial Officer David Hallal, and EVP Chief Global Ops. Officer Stephen P Squinto both also sold shares of ALXN stock on July 12.

CFO Robert Bowen sold 40,786 shares of ABMD stock on July 15 at the average price of $23.5. Robert Bowen owns at least 66,929 shares after this. The price of the stock has increased by 4.04% since.

Abiomed Inc. was incorporated in Delaware. The Company is a provider of mechanical circulatory support devices and it offers a continuum of care in heart recovery to heart failure patients. Abiomed Inc. has a market cap of $949.945 million; its shares were traded at around $24.45 with a P/E ratio of 66.23 and P/S ratio of 6.36.

Abiomed Inc. has released its fourth quarter 2013 results. The company increased revenue by 17% to $43.7 million. GAAP net income was $3.7 million ($0.09 per diluted share), compared to income of $2.6 million ($0.06 per share) prior year quarter.

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.

» Take a Free Trial of Premium Membership


Rating: 3.3/5 (4 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK