Weekly CFO Sells Highlight: Computer Sciences, Facebook, Apple

Recent insider sales from company CFOs

Author's Avatar
Nov 09, 2015
Article's Main Image

According to GuruFocus Insider Data, the recent CFO sales were: Computer Sciences Corp. (CSC, Financial), Facebook Inc. (FB, Financial) and Apple Inc. (AAPL, Financial).

Computer Sciences Corp: Exec. Vice President and CFO Paul N. Saleh sold 198,109 shares

On Nov. 4, Exec. Vice President and CFO Paul N. Saleh sold 198,109 shares at an average price of $68 per share. The price of the stock has decreased by 0.37%. Computer Sciences Corp. has a market cap of $9.21 billion, and its shares were traded at around $67.75 per share. The company has a P/E ratio of 5645.88 and P/S ratio of 0.83 with a dividend yield of 1.36%.

Computer Sciences announced its 2015 third-quarter results with revenues of $2.76 billion and gross profit of $735 million; the net income was $164 million. The 2015 total revenue was $12.17 billion, a 6% decrease from the 2014 total revenue. The 2015 gross profit was $2.64 billion, a 29% decrease from the 2014 gross profit. The 2015 net income was $7 million.

On July 27, President and CEO John M. Lawrie sold 601 shares at an average price of $65.03 per share. The price of the stock has increased by 4.18%. On June 12, Exec. VP and General Counsel William L. Deckelman Jr. sold 16,707 shares at an average price of $67.93 per share. The price of the stock has decreased by 0.26%.

Facebook Inc.: CFO David M. Wehner sold 8,072 shares

On Aug. 20, CFO David M. Wehner sold 8,072 shares at an average price of $93.56 per share. The price of the stock has increased by 14.47%. Facebook has a market cap of $287.31 billion and its shares were traded at around $107.10 per share. The company has a P/E ratio of 109.50 and P/S ratio of 20.35.

Facebook announced its 2015 second-quarter results with revenues of $4.04 billion and gross profit of $3.37 billion; the net income was $715 million. The 2014 total revenue was $12.47 billion, a 58% increase from the 2013 total revenue. The 2014 gross profit was $10.31 billion, a 72% increase from the 2013 gross profit. The 2014 net income was $2.93 billion.

On Nov. 4, Director Marc L. Andreessen sold 310,850 shares at an average price of $103.14 per share. The price of the stock has increased by 3.84%. On Nov. 3, VP, Gen. Counsel and Secretary Colin Stretch sold 1,000 shares at an average price of $103.35 per share. The price of the stock has increased by 3.63%. On Nov. 2, Chief Product Officer Christopher K. Cox sold 15,500 shares at an average price of $102.53 per share. The price of the stock has increased by 4.46%.

Apple Inc.: CFO Luca Maestri sold 2,908 shares

On Oct. 20, Senior Vice President and CFO Luca Maestri sold 2,908 shares at an average price of $111.88 per share. The price of the stock has increased by 8.21%. Apple has a market cap of $666.25 billion, and its shares were traded at around $121.06 per share. The company has a P/E ratio of 13.19 and P/S ratio of 3.00 with a dividend yield of 1.68%. Over the past 10 years, Apple had an annual average earnings growth of 49.20%. GuruFocus rated Apple the business predictability rank of 4.5-star.

Apple announced its 2015 third-quarter results with revenues of $51.5 billion and gross profit of $20.55 billion; the net income was $11.12 billion. The 2015 total revenue was $233.72 billion, a 28% increase from the 2014 total revenue. The 2015 gross profit was $93.63 billion, a 33% increase from the 2014 gross profit. The 2015 net income was $53.39 billion.

On Nov. 6, CEO Timothy D Cook sold 30,000 shares at an average price of $122.08. The price of the stock has decreased by 0.84%. On July 27, Director Susan Wagner bought 3,800 shares at an average price of $123.49 per share. The price of the stock has decreased by 1.97%. On Nov. 2, Senior Vice President Daniel J. Riccio sold 13,588 shares at an average price of $120.81 per share. The price of the stock has increased by 0.21%.