Weekly CFO Sells Highlight: Tyson Foods, Facebook, Loews Corp.

Tyson CFO divests more than 110,000 shares

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Feb 14, 2016
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According to GuruFocus Insider Data, the recent CFO sales were: Tyson Foods Inc. (TSN, Financial), Facebook Inc. (FB, Financial), and Loews Corp (L, Financial).

Tyson Foods Inc. (TSN, Financial): EVP and CFO Dennis Leatherby sold 110,966 shares

On Dec. 2, Leatherby sold 110,966 shares at an average price of $50.71. The price of the stock has increased by 18.66%. Tyson Foods Inc. has a market cap of $21.85 billion and its shares were traded at around $60.17. The company has a P/E ratio of 17.88 and P/S ratio of 0.62 with a dividend yield of 0.75%. Over the past 10 years, Tyson Foods Inc. had an annual average earnings growth of 12.80%.

Tyson Foods announced its 2016 first-quarter results with revenues of $9.15 billion and gross profit of $1.2 billion; the net income was $461 million. The 2015 total revenue was $41.37 billion, a 10% increase from the 2014 total revenue. The 2015 gross profit was $3.92 billion, a 46% increase from the 2014 gross profit. The 2015 net income was $1.22 billion.

On Nov. 30, President and CEO Donald Smith (Trades, Portfolio) sold 102,901 shares at an average price of $50. The price of the stock has increased by 20.34%. On Nov. 27, Director Antonio Berlanga, bought 1,500 shares at an average price of $0.11. The price of the stock has increased by 20.34%. On Feb. 8, Director Robert C. Thurber sold 4,500 shares at an average price of $59.39. The price of the stock has increased by 1.31%.

Facebook Inc. (FB, Financial): CFO David M. Wehner sold 12,587 shares

On Nov. 16, CFO David M. Wehner sold 12,587 shares at an average price of $102.01. Facebook Inc. has a market cap of $290.35 billion and its shares were traded at around $102.01. The company has a P/E ratio of 104.08 and P/S ratio of 16.23.

Facebook announced its 2015 fourth-quarter results with revenues of $5.84 billion and gross profit of $5.02 billion, while the net income was $1.55 billion. The 2015 total revenue was $17.93 billion, a 44% increase from the 2014 total revenue. The 2015 gross profit was $15.06 billion, a 46% increase from the 2014 gross profit. The 2015 net income was $3.67 billion.

On Feb. 9, VP, Gen. Counsel and Secretary Colin Stretch sold 1,000 shares at an average price of $97.1. The price of the stock has increased by 5.06%. On Feb. 8, Director Jan Koum sold 1,147,624 shares at an average price of $99.55. The price of the stock has increased by 2.47%. On Jan. 25, Chief Product Officer Christopher K Cox sold 15,600 shares at an average price of $98.35. The price of the stock has increased by 3.72%.

Loews Corp (L, Financial): Sr. Vice President and CFO David B Edelson sold 3,300 shares

On Jan. 5, Sr. Vice President and CFO David B Edelson sold 3,300 shares at an average price of $37.88. The price of the stock has decreased by 5.33%. Loews Corp. has a market cap of $12.71 billion and its shares were traded at around $35.86. The company has a P/E ratio of 19.99 and P/S ratio of 0.97 with a dividend yield of 0.70%. Over the past 10 years, Loews Corp had an annual average earnings growth of 6.90%. GuruFocus rated Loews Corp the business predictability rank of 2.5-star.

Loews announced its 2015 third-quarter results with revenues of $3.17 billion and gross profit of $1.97 billion; the net income was $182 million. The 2014 total revenue was $14.33 billion, a 2% decrease from the 2013 total revenue. The 2014 gross profit was $8.73 billion, a 1% decrease from the 2013 gross profit. The 2014 net income was $591 million.

On Dec. 2, Director Anthony Welters bought 3,000 shares at an average price of $38.31. The price of the stock has decreased by 6.4%. On Nov. 25, Director or Senior Officer of 10% Security Holder Anthony S. Fell, bought 9,556 shares at an average price of $70.56. The price of the stock has decreased by 49.18%. On Feb. 11, Andrew H Tisch sold 165,300 shares at an average price of $36.52. The price of the stock has decreased by 1.81%.