According to GuruFocus Insider Data, the largest insider sells during the past week were: Constellation Brands Inc. (STZ, Financial), Adobe Systems Inc. (ADBE, Financial), Clorox Co. (CLX, Financial) and Zayo Group Holdings Inc. (ZAYO, Financial).
The overall trend of insiders is illustrated in the chart below:
Constellation Brands Inc.: Exec. VP and Gen. Counsel Thomas J. Mullin sold 60,200 shares
Exec. VP and Gen. Counsel Thomas J. Mullin sold 60,200 shares of Constellation Brands stock on Oct. 8 at the average price of $135.79. Mullin owns at least 79,562 shares. The price of the stock has increased by 0.94% since.
Constellation Brands has a market cap of $26.94 billion. Its shares were traded at around $137.07 with a P/E ratio of 28.35 and P/S ratio of 4.57. The dividend yield of Constellation Brands stock is 0.45%. The company had an annual average earnings growth of 16.90% over the past 10 years.
Constellation Brands recently announced its fiscal second quarter 2016 results. During this period the company generated comparable net sales of $1.73 billion, 8% higher than in the prior year quarter. Comparable operating income was up 21% to $501 million, and net income improved 43% to $318 million, or $1.56 per diluted share.
Adobe Systems Inc.: Co-Chairman of the Board John E. Warnock sold 50,000 shares
Adobe Systems' co-Chairman of the Board John E. Warnock sold 50,000 shares on Oct. 8 at an average price of $83.92.
Adobe Systems has a market cap of $41.86 billion. Its shares were traded at around $83.92 with a P/E ratio of 86.21 and P/S ratio of 9.31. The company had an annual average earnings growth of 2.40% over the past 10 years.
For its third quarter of 2015 ended Aug. 28, Adobe reached quarterly revenue of $1.22 billion, 21% higher than in the prior year quarter. GAAP diluted EPS were $0.34 and non-GAAP EPS were $0.54, with net income growing 290% non-GAAP year over year. Third-quarter cash flow from operations was $360 million.
President and CEO Shantanu Narayen sold 22,422 shares of Adobe stock on Oct. 1 at the average price of $82.12.
Clorox Co.: Exec. VP and CFO Stephen Robb sold 19,125 shares
Clorox Exec. VP and CFO Stephen Robb sold 19,125 shares on Oct. 6 at an average price of $120.75.
Clorox has a market cap of $15.53 billion, and its shares were traded at around $120.75 with a P/E ratio of 27.56 and P/S ratio of 2.82. The company has a dividend yield of 2.49% and had an annual average earnings growth of 4.10% over the past 10 years. GuruFocus rated Clorox the business predictability rank of 3-star.
Clorox has released its fiscal fourth quarter 2015 results ended June 30. Fourth-quarter EPS was 11% higher than last year at $1.44. Sales improved 4% over the prior year quarter.
Zayo Group Holdings Inc.: CFO Kenneth Desgarennes sold 84,985 shares
Zayo Group Holdings CFO Kenneth Desgarennes sold 84,985 shares during the past week at an average price of $24.83.
Zayo Group Holdings has a market cap of $6.03 billion; its shares were traded at around $24.83 with a P/S ratio of 4.34.
For its fiscal fourth quarter ended June 30, Zayo Group generated revenue of $361.9 million and adjusted EBITDA of $210.9 million. Net income was $58.8 million higher than the third quarter of 2015 at $5.1 million.
CEO Daniel Caruso sold 79,302 shares of Zayo stock on Oct. 9 at the average price of $24.73. Other insiders have also recently sold shares of Zayo stock.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
