According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Natera Inc. (NTRA, Financial), General Growth Properties Inc. (GGP, Financial), NCI Building Systems Inc. (NCS, Financial) and Netflix Inc. (NFLX, Financial).
Natera: CEO Matthew Rabinowitz sold 732,831 shares
Natera CEO Matthew Rabinowitz sold 732,831 shares at a price of $11.94Ă‚ on June 19. Natera has a market cap of $581.250 million; its shares were traded around $11.34 with a P/S ratio of 2.16.
Natera stock prices have declined since the company first went public in the middle of 2015.
Natera faces competition with other companies such as Illumina Inc. (ILMN, Financial), Sequenom Inc. (SQNM, Financial) and Counsyl Inc. The company expects an increase of competition as new tests and technologies are introduced.
Natera generates revenue mainly through the sales of its genetic tests to laboratory or distribution partners. Recently, the company has started to implement a cloud-based distribution model in which the company sells its test directly to patients or clinics.
GuruFocus has found two severe warning signs for Natera:
- Sloan ratio of 67.2%.
- Inventory buildup.
Natera announced its first-quarter financial results with net sales of $61.9 million, a 34% increased from last year’s first quarter net sales of $47.4 million. The company also reported net loss of $8.7 million, compared to last year’s net loss of $10.0 million.
CFO Herm Rosenman sold 1,806 shares at the price of $12.04 on June 2. Director John Steuart and Director and 10% owner Roelof Botha together bought 921,273 shares on June 19. Chief Technology Officer Jonathan Sheena sold 188,442 shares on June 19 at the price of $11.94.
General Growth Properties: CEO Sandeep Mathrani sold 600,000 shares
General Growth Properties CEO Sandeep Mathrani sold 600,000 shares on June 24 at a price of $28.76. General Growth Properties has a market cap of $25.84 billion; its shares were traded around $29.26 with a P/E ratio of 30.16 and P/S ratio of 11.52. The trailing 12-month dividend yield of General Growth Properties stock is 2.48%. The forward dividend yield of General Growth Properties stock is 2.65%.
General Growth Properties stock prices have increased over the past five years.
General Growth Properties is a Standard & Poor's 500 real estate company. The company makes most of its revenue through tenant sales. Its biggest tenants include Limited Brands Inc., Gap Inc. (GPS, Financial) and Foot Locker Inc. (FL, Financial).
To keep up with competition, General Growth Properties strives to locate tenants that can increase customers and sales, introduce new types of tenants such as restaurants, theaters, and ecommerce and invest capital into technological and infrastructure improvements.
GuruFocus has found three severe warning signs for General Growth Properties:
- Altman Z-Score in distressed zone.
- Declining revenue per share.
- Long-term debt.
General Growth Properties reported revenue of $607.0 million and net income of $195.3 million in its first quarter results. This is compared with last year’s revenue of $594.1 million and net income of $641.8 million.
CFO Michael B. Berman sold 90,000 shares at the price of $28.6Ă‚ on June 21.
NCI Building Systems: Chairman and CEO Norman C. Chambers sold 499,642 shares
NCI Building Systems Chairman and CEOĂ‚ Norman C. Chambers sold 499,642 shares during the past week at a price of $16.01. NCI Building Systems has a market cap of $1.11 billion; its shares were traded around $15.24 with a P/E ratio of 33.86 and P/S ratio of 0.70. NCI Building Systems had an annual average earnings growth of 0.40% over the past five years.
NCI Building Systems is a manufacturer and marketer of metal products for nonresidential construction projects. The company’s revenue has increased over the years due to the acquisition of CENTRIA, but it was partially offset by declining steel prices. NCI Building Systems stock prices have increased by 34% over the last five years.
GuruFocus has found one severe warning sign for NCI Building Systems:
- Declining revenue per share.
NCI Building Systems declared its second fiscal quarter results with revenue of $372.2 million, a 3.4% increase from last year’s second fiscal quarter revenue of $360.1 million. The company reported net income of $2.4 million, an increase from last year’s recognized net loss of $7.5 million.
EVP, GC and Secretary Todd R. Moore sold 66,614 shares at the price of $15.95Ă‚ on June 24.
Netflix: CEO Reed Hastings sold 113,708 shares
Netflix CEO Reed Hastings sold 113,708 shares at a price of $94.85Ă‚ on June 20. Netflix has a market cap of $37.4 billion; its shares were traded around $87.32 with a P/E ratio of 301.11 and P/S ratio of 5.31. Netflix had an annual average earnings growth of 13.30% over the past 10 years. GuruFocus rated Netflix the business predictability rank of 3-star.
Netflix prices have increased by 132% over the last five years.
Netflix has been focused on expanding its presence internationally and becoming a global Internet TV network. This caused revenues to increase because of an increased number of memberships globally. However, operating income has declined due to increased expenses from more marketing.
GuruFocus has found four severe warning signs for Netflix:
- Declining operating margin.
- Declining gross margin.
- Low Piotroski F-Score.
- Faster asset growth than revenue growth.
Netflix reported net sales of $2.0 billion and net income of $27.7 million in its first-quarter results. This is compared to Netflix’s 2015 first-quarter net sales of $1.6 billion and net income of $23.7 million.
Director Richard N. Barton sold 4,200 shares in June.
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