Weekly CFO Sells Highlight: TXN, AAPL, MAN, DHR, STJ, BAX

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Jul 29, 2013
According to GuruFocus Insider Data, the largest CFO sells for the past week were: Texas Instruments Inc., Apple Inc., ManpowerGroup, Danaher Corporation, St. Jude Medical Inc. and Baxter International Inc.



Texas Instruments Inc. (TXN, Financial): Senior Vice President and CFO Kevin P. March Sold 40,000 Shares


Senior Vice President and CFO Kevin P. March sold 40,000 shares of TXN stock on 07/25/2013 at the average price of $39. Kevin P. March owns at least 344,615 shares after this. The price of the stock has increased by 0.28% since.

Texas Instruments Inc. has a market cap of $43.53 billion; its shares were traded at around $39.11 with a P/E ratio of 23.92 and P/S ratio of 3.53. The dividend yield of Texas Instruments Inc. stocks is 2.22%. Texas Instruments Inc. had an annual average earnings growth of 7.2% over the past 10 years. GuruFocus rated Texas Instruments Inc. the business predictability rank of 2-star.

Texas Instruments Inc. recently posted its second quarter 2013 results on July 22, 2013. In this quarter, profit increased to $660 million ($0.58 per share), from $446 million ($0.38 per share) in the prior year quarter. Sales decreased 8.6% from last year, and revenue was reported at $3.047 billion.

Director Daniel A. Carp and Director Ruth J. Simmons sold shares of TXN stock on 07/26/2013 at the average price of $39.11. Senior Vice President Niels Anderskouv and multiple other insiders also recently sold TXN shares.

Apple Inc (AAPL, Financial): Senior Vice President and CFO Peter Oppenheimer Sold 37,172 Shares

Senior Vice President and CFO Peter Oppenheimer sold 37,172 shares of AAPL stock on 07/24/2013 at the average price of $440.31. Peter Oppenheimer owns at least 4,834 shares after this. The price of the stock has increased by 0.15% since.

Apple Inc. is a California corporation founded in 1977. Apple Inc has a market cap of $398.38 billion; its shares were traded at around $440.99 with a P/E ratio of 11.00 and P/S ratio of 2.45. The dividend yield of Apple Inc stocks is 2.49%. Apple Inc had an annual average earnings growth of 82.7% over the past 10 years. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.

Apple Inc. recently released its third quarter 2013 results ended June 29, 2013. The company reported revenue of $35.3 billion, and net profit of $6.9 billion ($7.47 per share). Gross margin was 36.9% this quarter, with 31.2 million iPhones being sold in the quarter.

ManpowerGroup (MAN, Financial): EVP and CFO Handel Michael J. Van Sold 165,000 Shares

EVP and CFO Handel Michael J. Van sold 165,000 shares of MAN stock on 07/22/2013 at the average price of $64.34. Handel Michael J. Van owns at least 89,911 shares after this. The price of the stock has increased by 3.53% since.

ManpowerGroup has a market cap of $5.15 billion; its shares were traded at around $66.61 with a P/E ratio of 29.15 and P/S ratio of 0.26. The dividend yield of ManpowerGroup stocks is 1.34%.

For its second quarter ended June 30, 2013, ManpowerGroup reported EPS of $0.87 compared to $0.51 prior year quarter, with revenues decreasing 3% to $5.0 billion.

President ManpowerGroup Darryl Green sold 20,500 shares of MAN stock on 07/26/2013 at the average price of $66.28. Director Jack M. Greenberg and multiple other insiders all also sold shares of MAN stock.

Danaher Corporation (DHR, Financial): EVP and CFO Daniel L. Comas Sold 54,540 Shares

EVP and CFO Daniel L. Comas sold 54,540 shares of DHR stock on 07/22/2013 at the average price of $68.14. Daniel L. Comas owns at least 200,828 shares after this. The price of the stock has decreased by 2.08% since.

Danaher Corporation, originally DMG Inc., was organized in 1969 as a Massachusetts real estate investment trust. Danaher Corporation has a market cap of $46.8 billion; its shares were traded at around $66.72 with a P/E ratio of 19.05 and P/S ratio of 2.55. The dividend yield of Danaher Corporation stocks is 0.15%. Danaher Corporation had an annual average earnings growth of 13.5% over the past 10 years. GuruFocus rated Danaher Corporation the business predictability rank of 4-star.

Danaher Corporation has released its second quarter 2013 results. Net earnings for this quarter were $616.8 million ($0.87 per share), an increase of 3.5% from the prior year quarter.

SVP Corporate Development Daniel Raskas sold 20,000 shares of DHR stock on 07/24/2013 at the average price of $67.54.

St Jude Medical Inc. (STJ, Financial): VP Finance and CFO Donald Zurbay Sold 50,000 Shares

VP Finance and CFO Donald Zurbay sold 50,000 shares of STJ stock on 07/19/2013 at the average price of $51.28. Donald Zurbay owns at least 9,162 shares after this. The price of the stock has increased by 2.18% since.

St. Jude Medical Inc. was incorporated in Minnesota in 1976. St Jude Medical Inc. has a market cap of $14.76 billion; its shares were traded at around $52.40 with a P/E ratio of 21.10 and P/S ratio of 2.96. The dividend yield of St Jude Medical Inc. stocks is 1.83%. St Jude Medical Inc. had an annual average earnings growth of 14.4% over the past 10 years. GuruFocus rated St Jude Medical Inc. the business predictability rank of 4-star.

St Jude Medical Inc. reported second quarter net sales of $1.40 billion, compared to $1.41 billion last year. Adjusted net earnings per share were $0.96, compared to $0.88 last year.

VP, General Counsel and Corporate Secretary Jason Zellers and multiple other insiders all also sold shares of STJ stock in the past week.

Baxter International Inc. (BAX, Financial): Corporate Vice President and CFO Robert J. Hombach Sold 47,452 Shares

Corporate Vice President and CFO Robert J. Hombach sold 47,452 shares of BAX stock on 07/22/2013 at the average price of $73.95. Robert J. Hombach owns at least 12,612 shares after this. The price of the stock has decreased by 1.26% since.

Baxter International Inc. has a market cap of $39.46 billion; its shares were traded at around $73.02 with a P/E ratio of 17.64 and P/S ratio of 2.83. The dividend yield of Baxter International Inc. stocks is 2.52%. Baxter International Inc. had an annual average earnings growth of 11.5% over the past 10 years. GuruFocus rated Baxter International Inc. the business predictability rank of 4.5-star.

Corporate Vice President David P. Scharf, Director James R Gavin III and multiple other insiders all also sold shares of BAX stock.

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