Weekly CFO Sells Highlight: IAC/InterActiveCorp, Discover Financial Services, and American Airlines Group Inc.

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May 10, 2015

According to GuruFocus Insider Data, the recent CFO sales were: IAC/InterActiveCorp (IACI, Financial), Discover Financial Services (DFS, Financial), and American Airlines Group Inc. (AAL, Financial).

IAC/InterActiveCorp (IACI, Financial): CFO Jeffrey W. Kip bought 8,244 shares

On 03/02/2015, CFO Jeffrey W. Kip bought 8,244 shares at an average price of $67.74. The price of the stock has increased by 8.58% since. IAC/InterActiveCorp has a market cap of $6.04 billion and its shares were traded at around $73.55. The company has a P/E ratio of 16.50 and P/S ratio of 2.08 with a dividend yield of 1.71%.

IAC/InterActiveCorp announced its 2015 first-quarter results with revenues of $772.51 million and gross profit of $580.96 million; the net income was $26.41 million. The 2014 total revenue was $3.12 billion, a 3% increase from the 2013 total revenue. The 2014 gross profit was $2.23 billion, a 10% increase from the 2013 gross profit. The 2014 net income was $414.87 million.

On 04/30/2015, Vice Chairman Victor Kaufman sold 287,500 shares at an average price of $70.25. The price of the stock has increased by 4.7% since. On 02/25/2015, SVP and Controller Michael H. Schwerdtman sold 27,500 shares at an average price of $67.33. The price of the stock has increased by 9.24% since.

Discover Financial Services (DFS, Financial): EVP and CFO R. Mark Graf sold 27,500 shares

On 01/26/2015, EVP and CFO R. Mark Graf sold 27,500 shares at an average price of $56.65. The price of the stock has increased by 4.17% since. Discover Financial Services has a market cap of $26.11 billion and its shares were traded at around $59.01. The company has a P/E ratio of 11.90 and P/S ratio of 3.15 with a dividend yield of 1.69%. Over the past 5 years, Discover Financial Services had an annual average earnings growth of 22.10%.

Discover Financial Services announced its 2015 first-quarter results with revenues of $2.47; the net income was $586 million. The 2014 total revenue was $9.61 billion, a 3% increase from the 2013 total revenue. The 2014 net income was $2.32 billion.

On 05/01/2015, Chairman and CEO David W. Nelms sold 30,000 shares at an average price of $59.06. The price of the stock has decreased by 0.08% since. On 05/05/2015, EVP Harit Talwar sold 210,158 shares at an average price of $59.06. The price of the stock has decreased by 0.07% since. On 05/01/2015, EVP Diane E. Offereins sold 9,000 shares at an average price of $59.06. The price of the stock has decreased by 0.08% since.

American Airlines Group Inc. (AAL, Financial): Executive VP and CFO Derek J. Kerr sold 2,250 shares

On 05/01/2015, Executive VP and CFO Derek J. Kerr sold 2,250 shares at an average price of $49.40. The price of the stock has decreased by 0.73% since. American Airlines Group Inc. has a market cap of $33.97 billion and its shares were traded at around $49.04. The company has a P/E ratio of 11.70 and P/S ratio of 0.84 with a dividend yield of 0.82%.

American Airlines Group Inc. announced its 2015 first-quarter results with revenues of $9.83 billion and gross profit of $7.01 billion; the net income was $932 million. The 2014 total revenue was $42.65 billion, a 59% increase from the 2013 total revenue. The 2014 gross profit was $27.03 billion, a 72% increase from the 2013 gross profit. The 2014 net income was $2.88 billion.

On 05/07/2015, EVP Corporate Affairs Stephan L. Johnson sold 87,161 shares at an average price of $49.21. The price of the stock has decreased by 0.35% since. On 05/01/2015, EVP/COO Robert D. Isom Jr. sold 94,765 shares at an average price of $49.18. The price of the stock has decreased by 0.28% since. On 04/30/2015, President J. Scott Kirby sold 262,471 shares at an average price of $49.47. The price of the stock has decreased by 0.87% since.