WEEKLY CFO SELLS HIGHLIGHT: LMT, WCG, GRPN, IART, CNK

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Aug 26, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Lockheed Martin Corporation, WellCare Health Plans Inc, Groupon Inc, Integra LifeSciences Holdings Inc, and Cinemark Holdings Inc.

Lockheed Martin Corporation (LMT, Financial): Executive VP & CFO Bruce L Tanner Sold 64,400 Shares

Executive VP & CFO Bruce L Tanner sold 64,400 shares of LMT stock on 08/22/2013 at the average price of $123.81. Bruce L Tanner owns at least 29,892 shares after this. The price of the stock has increased by 1.77% since.

Lockheed Martin Corporation was formed in 1995 by combining the businesses of Lockheed Corporation and Martin Marietta Corporation. Lockheed Martin Corporation has a market cap of $40.44 billion; its shares were traded at around $126.00 with a P/E ratio of 14.12 and P/S ratio of 0.89. The dividend yield of Lockheed Martin Corporation stocks is 3.53%. Lockheed Martin Corporation had an annual average earnings growth of 11.5% over the past 10 years. GuruFocus rated Lockheed Martin Corporation the business predictability rank of 3.5-star.

Lockheed Martin Corp. reported second quarter 2013 sales less than the previous year at $11.4 billion compared to $11.9 billion. Net earnings for the quarter were $859 million ($2.64 per diluted share), an increase from the $781 million ($2.38 per share) reported in the prior year quarter.

SVP & General Counsel Maryanne Lavan sold 56,700 shares of LMT stock on 08/22/2013 at the average price of $123.6.

WellCare Health Plans, Inc. (WCG, Financial): Sr. VP & CFO Thomas L Tran Sold 50,000 Shares

Sr. VP & CFO Thomas L Tran sold 50,000 shares of WCG stock on Aug. 15 at the average price of $65.61. Thomas L Tran owns at least 40,963 shares after this. The price of the stock has decreased by 0.34% since.

Wellcare Health Plans was formed in May 2002 when it acquired its Florida, New York and Connecticut health plans. Wellcare Health Plans, Inc. has a market cap of $2.85 billion; its shares were traded at around $65.39 with a P/E ratio of 18.48 and P/S ratio of 0.34.

For its recent second quarter of 2013, the company reported GAAP net income of $46.9 million ($1.07 per share), compared with $46.4 million ($1.06 per share) in the same quarter of 2012. Adjusted net income per share was $1.35 compared to $1.24 last year.

Director Christian P Michalik sold 11,657 shares of WCG stock on 08/08/2013 at the average price of $65.77.

Groupon Inc (GRPN, Financial): CFO Jason Child Sold 40,000 Shares

CFO Jason Child sold 40,000 shares of GRPN stock on Aug. 15 at the average price of $9.64. Jason Child owns at least 306,296 shares after this. The price of the stock has increased by 2.49% since.

Groupon Inc has a market cap of $6.57 billion; its shares were traded at around $9.88 with and P/S ratio of 2.69.

In its second quarter of 2013, Groupon reported gross billings of $1.41 billion, a 10% increase over the prior year quarter. This growth reflected a 30% increase in North American billings which was offset by a 21% decline in the rest of the world. Second quarter net loss was $7.6 million, or $0.01 per share.

10% Owners Ryan D Drant, Scott D Sandell, and Forest Baskett have all sold shares of Groupon Inc over the past week.

Integra LifeSciences Holdings, Inc. (IART, Financial): CorpVP, Finance & Admin, CFO John B Henneman Iii Sold 30,000 Shares

CorpVP, Finance & Admin, CFO John B Henneman Iii sold 30,000 shares of IART stock on Aug. 19 at the average price of $42.08. John B Henneman Iii owns at least 72,669 shares after this. The price of the stock has decreased by 0.71% since.

Integra LifeSciences Holdings, Inc. has a market cap of $1.17 billion; its shares were traded at around $41.78 with a P/E ratio of 46.30 and P/S ratio of 1.42. Integra LifeSciences Holdings, Inc. had an annual average earnings growth of 14.9% over the past 10 years. GuruFocus rated Integra LifeSciences Holdings the business predictability rank of 2.5-star.

Integra LifeSciences Holdings Inc. has released its second quarter 2013 results. Total revenues for this quarter were $205.5 million, a $4.7 million decrease over last year. GAAP net income was $3.4 million ($0.12 per share), compared to net income of $8.5 million ($0.30 per share) in the prior year quarter.

Corp VP, Pres. International Deborah A Leonetti and multiple other insiders have all sold shares of IART stock over the past two weeks.

Cinemark Holdings Inc (CNK, Financial): CFO Robert Copple Sold 30,000 Shares

CFO Robert Copple sold 30,000 shares of CNK stock on Aug. 22 at the average price of $30.99. Robert Copple owns at least 262,007 shares after this. The price of the stock has decreased by 0.52% since.

Cinemark Holdings Inc has a market cap of $3.56 billion; its shares were traded at around $30.83 with a P/E ratio of 27.47 and P/S ratio of 1.40. The dividend yield of Cinemark Holdings Inc stocks is 2.73%. Cinemark Holdings Inc had an annual average earnings growth of 19.3% over the past 5 years.

Cinemark Holdings reported second quarter revenue increase of 11.7% to $725.6 million and adjusted EBITDA increase to $178.0 million from $157.0 million last year. Second quarter net income was $20.3 million compared to $51.6 million in the prior year quarter. This quarter’s income was affected by a $72.3 million loss on early retirement of debt.

CEO and President Timothy Warner sold 22,825 shares of CNK stock on 08/19/2013 at the average price of $30.73. Pr - Cinemark International Valmir Fernandes sold 4,785 shares of CNK stock on 08/16/2013 at the average price of $31.03.

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