Weekly CFO Sells Highlights

Insiders trade Facebook, Waters and Cerner

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Aug 23, 2016
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According to GuruFocus Insider Data, the recent CFO sells were: Facebook Inc. (FB, Financial), Waters Corp. (WAT, Financial) and Cerner Corp. (CERN, Financial).

Facebook: CFO sold 22,987 shares

Chief Financial Officer David M. Wehner sold 22,987 shares for $124.07 per share on Aug. 15. The price has decreased by 0.13%.

Facebook has a market cap of $355.83 billion; its shares were traded around $123.91. The company has a price-earnings (P/E) ratio of 59.58 and price-sales (P/S) ratio of 16.09.

Facebook reported revenue of $6.44 billion and gross profit of $5.52 billion while the net income was $2.06 billion in the second quarter. 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 $3.69 billion.

Director Jan Koum sold 1,215,096 shares for $123.8 per share on Aug. 16. The price of the stock has increased by 0.09%. COO Sheryl Sandberg sold 138,337 shares for $124.9 per share on Aug. 15. The price of the stock has decreased by 0.79%. Vice President and General Counsel Colin Stretch sold 14,114 shares for $124.07 per share on Aug. 15. The price of the stock has decreased by 0.13%.

Waters: CFO sold 48,000 shares

CFO Eugene G. Cassis sold 48,000 shares for $159.96 per share on Aug. 1. The price of the stock has increased by 0.51%.

Waters has a market cap of $12.95 billion, and its shares were traded around $160.78. The company has a P/E ratio of 27.02 and P/S ratio of 6.31. Over the past 10 years, Waters had an annual average earnings growth of 10.00%. GuruFocus rated Waters the business predictability rank of 4-star.

Waters reported revenue of $536.56 million and gross profit of $316.18 million while the net income was $128.22 million in the second quarter. The 2015 total revenue was $2.04 billion, a 3% increase from the 2014 total revenue. The 2015 gross profit was $1.2 billion, a 3% increase from the 2014 gross profit. The 2015 net income was $469.05 million.

Senior Vice President, Instrument Technology, Ian King sold 10,000 shares for $160.23 per share on Aug. 19. The price of the stock has increased by 0.34%. Executive Vice President and President, Waters Division, Arthur G. Caputo sold 104,785 shares for $158.54 per share on Aug. 17. The price of the stock has increased by 1.41%. President, TA Instruments, Terrence P. Kelly sold 28,600 shares for $156.74 per share on Aug. 8. The price of the stock has increased by 2.58%.

Cerner: CFO sold 90,000 shares

Executive Vice President and CFO Marc G. Naughton sold 90,000 shares for $65.99 on Aug. 5. The price of the stock has decreased by 2.08%.

Cerner has a market cap of $21.82 billion, and its shares were traded around $64.62. The company has a P/E ratio of 35.70 and P/S ratio of 4.84. Over the past 10 years, Cerner had an annual average earnings growth of 15.20%. GuruFocus rated Cerner the business predictability rank of 4.5-star.

Cerner announced its 2016 third-quarter results with revenue of $1.22 billion and gross profit of $1.01 billion while the net income was $166.45 million. The 2016 total revenue was $4.43 billion, a 30% increase from the 2015 total revenue. The 2016 gross profit was $3.67 billion, a 31% increase from the 2015 gross profit. The 2016 net income was $539.36 million.

Chairman and CEO Neal L. Patterson sold 428,638 shares for $67.14 per share on Aug. 9. The price of the stock has decreased by 3.75%. Vice Chairman Clifford W. Illig sold 325,705 shares for $65.1 per share on Aug. 18. The price of the stock has decreased by 0.74%. President Zane M. Burke sold 149,480 shares for $66.73 per share on Aug. 10. The price of the stock has decreased by 3.16%. Executive Vice President and Chief People Officer Julie M. Wilson sold 46,923 shares for $67.27 per share on Aug. 8. The price of the stock has decreased by 3.94%.

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