Weekly CFO Sells Highlight

Recent insider sells from company CFOs

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Jun 06, 2016
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According to GuruFocus Insider Data, the recent CFO sells were: Ross Stores Inc. (ROST, Financial), Intuitive Surgical Inc. (ISRG, Financial) and Facebook Inc. (FB, Financial).

Ross Stores Inc.: CFO Michael J. Hartshorn sold 862 shares

On March 31, Hartshorn sold 862 shares at an average price of $58.16. The price of the stock has decreased by 8.72%. Ross Stores Inc. has a market cap of $21.43 billion and its shares were traded around $53.09. The company has a P/E ratio of 20.82 and P/S ratio of 1.81. The trailing 12-month dividend yield of Ross Stores Inc. stocks is 0.95%, while the forward dividend yield is 1.02%. Over the past 10 years, Ross Stores Inc. had an annual average earnings growth of 21.60%. GuruFocus rated Ross Stores Inc. the business predictability rank of 5-stars.

Ross Stores announced its 2016 first-quarter results with revenues of $3.25 billion and gross profit of $864.14 million, while the net income was $264.16 million. The 2016 total revenue was $11.94 billion, an 8% increase from the 2015 total revenue. The 2016 gross profit was $3.36 billion, an 8% increase from the 2015 gross profit. The 2016 net income was $1.02 billion.

On April 1, CEO Barbara Rentler sold 40,000 shares at an average price of $58.3. The price of the stock has decreased by 8.94%. On June 1, Chairman Michael Balmuth sold 194,984 shares at an average price of $53.45. The price of the stock has decreased by 0.67%. On March 30, COO Michael O'Sullivan sold 5,170 shares at an average price of $58.15. The price of the stock has decreased by 8.7%.

Intuitive Surgical Inc.: SVP and CFO Marshall Mohr sold 5,000 shares

On May 2, Mohr sold 5,000 shares at an average price of $631.63. The price of the stock has increased by 0.82%. Intuitive Surgical Inc. has a market cap of $24.16 billion and its shares were traded around $636.84. The company has a P/E ratio of 38.67 and P/S ratio of 9.90. Over the past 10 years, Intuitive Surgical Inc. had an annual average earnings growth of 24.70%. GuruFocus rated Intuitive Surgical Inc. the business predictability rank of 2-stars.

Intuitive Surgical announced its 2016 first-quarter results with revenues of $594.5 million and gross profit of $405 million while the net income was $136.4 million. The 2015 total revenue was $2.38 billion, a 12% increase from the 2014 total revenue. The 2015 gross profit was $1.58 billion, a 12% increase from the 2014 gross profit. The 2015 net loss was $588.8 million.

On June 2, EVP Salvatore Brogna sold 600 shares at an average price of $630.96. The price of the stock has increased by 0.93%. On May 17, SVP and Chief Medical Officer Curet Myriam sold 530 shares at an average price of $629.36. The price of the stock has increased by 1.19%. On May 17, Director Lonnie M Smith sold 2,000 shares at an average price of $627.23. The price of the stock has increased by 1.53%.

Facebook Inc.: CFO David M. Wehner sold 5,265 shares

On May 31, Wehner sold 5,265 shares at an average price of $119.9. The price of the stock has decreased by 1.19%. Facebook Inc. has a market cap of $339.83 billion and its shares were traded around $118.47. The company has a P/E ratio of 73.13 and P/S ratio of 17.17.

Facebook announced its 2016 first-quarter results with revenues of $5.38 billion and gross profit of $4.54 billion, while the net income was $1.51 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 June 1, Director Jan Koum sold 1,721,436 shares at an average price of $118.8. The price of the stock has decreased by 0.28%. On June 1, Chief Technology Officer Michael Todd Schroepfer sold 20,000 shares at an average price of $118.45. On May 31, Chief Product Officer Christopher K Cox sold 15,600 shares at an average price of $119. The price of the stock has decreased by 0.45%.

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