Weekly CFO Sells Highlight: Equity Residential, Affiliated Managers Group Inc, CVS Caremark Corp.

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Aug 11, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Equity Residential, Affiliated Managers Group Inc, and CVS Caremark Corp.

Equity Residential (EQR, Financial): Executive Vice President and CFO Mark J Parrell sold 25,730 Shares

On 05/12/2014, Executive Vice President and CFO Mark J Parrell sold 25,730 shares at an average price of $61.96. The price of the stock has increased by 4.91% since. Equity Residential has a market cap of $23.52 billion and its shares were traded at around $65.02. The company has a P/E ratio of 34.50 and P/S ratio of 9.41 with a dividend yield of 3.15%. Over the past 10 years, Equity Residential had an annual average earnings growth of 2.30%.

Equity Residential announced their 2014 first quarter results with revenues of $633.4 million and a gross profit of $402 million; the net income was $79.1 million. The 2013 total revenue $2.4 billion, a 37% increase from the 2012 total revenue. The 2013 gross profit was $1.6 billion, a 38% increase from the 2012 gross profit; the 2013 net income was $1.83 billion.

On 08/04/2014, Chairman and of the Board Samuel Zell sold 2,000,000 shares at an average price of $64.85. The price of the stock has increased by 0.26% since. On 06/27/2014, President and CEO David J Neithercut sold 75,000 shares at an average price of $63.17. The price of the stock has increased by 2.93% since. On 07/31/2014, Vice Chairman Gerald A Spector sold 33,048 shares at an average price of $65.32. The price of the stock has decreased by 0.46% since.

Affiliated Managers Group Inc. (AMG, Financial): CFO and Treasurer Jay C Horgen sold 73,389 Shares

On 05/09/2014, CFO and Treasurer Jay C Horgen sold 73,389 shares at an average price of $193.73. The price of the stock has increased by 1.48% since. Affiliated Managers Group Inc. has a market cap of $10.92 billion and its shares were traded at around $196.59. The company has a P/E ratio of 27.80 and P/S ratio of 4.83. Over the past 10 years, Affiliated Managers Group had an annual average earnings growth of 14.50%. GuruFocus rated Affiliated Managers Group Inc the business predictability rank of 3-star.

Affiliated Managers Group Inc. announced their 2014 second quarter results with revenues of $636.3 million and net income of $100.1 million. The 2013 total revenue was $2.19 billion, a 21% increase from the 2012 total revenue. The 2013 net income was $360.5 million.

On 08/04/2014, President and COO Nathaniel Dalton sold 101,089 shares at an average price of $196.40. The price of the stock has increased by 0.1% since. On 05/08/2014, Director Harold J Meyerman sold 6,881 shares at an average price of $196.62. The price of the stock has decreased by 0.02% since. On 05/08/2014, Vice Chairman and Gen. Counsel John Kingston Iii sold 69,800 shares at an average price of $195.35. The price of the stock has increased by 0.63% since.

CVS Caremark Corp (CVS, Financial): EVP, CFO David M Denton sold 74,989 Shares

On 07/01/2014, EVP, CFO David M Denton sold 74,989 shares at an average price of $75.88. The price of the stock has increased by 2.54% since. CVS Caremark Corp has a market cap of $90.11 billion and its shares were traded at around $77.81. The company has a P/E ratio of 19.10 and P/S ratio of 0.71 with a dividend yield of 1.35%. Over the past 10 years, CVS Caremark Corp had an annual average earnings growth of 12.80%. GuruFocus rated CVS Caremark Corp the business predictability rank of 4.5-star.

CVS Caremark Corp announced their 2014 first quarter results with revenues of $32.7 billion and a gross profit of $5.9 billion; the net income was $1.13 billion. The 2013 total revenue $126.76 billion, a 3% increase from the 2012 total revenue. The 2013 gross profit was $23.78 billion, a 6% increase from the 2012 gross profit; the 2013 net income was $4.6 billion.

On 08/06/2014, EVP, Sales and Account Services J. David Joyner sold 123,516 shares at an average price of $76.10. The price of the stock has increased by 2.25% since. On 07/21/2014, SVP, Cont & Chief Acct Officer Eva C Boratto sold 22,107 shares at an average price of $76.77. The price of the stock has increased by 1.35% since. On 04/02/2014, SVP and President, MinuteClinic Andrew Sussman sold 19,210 shares at an average price of $74.51. The price of the stock has increased by 4.43% since.