Weekly CFO Sells Highlight

Recent CFO sales

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Nov 06, 2016
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According to GuruFocus, the recent CFO sells were: Boeing Co. (BA, Financial) and U.S. Bancorp (USB, Financial).

Boeing Co. (BA, Financial): CFO and EVP, Corporate Development and Strategy Gregory D. Smith sold 20,000 shares

On Nov. 1, CFO and EVP Corporate Development and Strategy Gregory D. Smith sold 20,000 shares at an average price of $143.44. The price of the stock has decreased by 2.72%. Boeing Co. has a market cap of $86.12 billion and its shares were traded around $139.54. The company has a P/E ratio of 21.19 and P/S ratio of 0.99. The trailing 12-month dividend yield of Boeing Co. stocks is 3%, while the forward dividend yield is 3.11%. Over the past 10 years, Boeing Co. had an annual average earnings growth of 8.1%. GuruFocus rated Boeing Co. the business predictability rank of 3.5-star.

Boeing Co. announced its 2016 third-quarter results with revenues of $23.9 billion and gross profit of $3.99 billion, while the net income was $2.28 billion. The 2015 total revenue was $96.11 billion, a 0.1% increase from the 2014 total revenue. The 2015 gross profit was $14.03 billion, an 89% increase from the 2014 gross profit. The 2015 net income was $5.18 billion.

On Nov. 1, Chairman, President and CEO Dennis A. Muilenburg sold 51,024 shares at an average price of $142.03. The price of the stock has decreased by 1.75%. On Nov. 1, Executive Vice President, President and CEO, BDS Leanne G. Caret sold 17,345 shares at an average price of $142.14. The price of the stock has decreased by 1.83%. On Oct. 31, Executive Vice President and General Counsel J. Michael Luttig sold 200,754 shares at an average price of $142.46. The price of the stock has decreased by 2.05%.

U.S. Bancorp (USB, Financial): Vice Chairman and CFO Terrance R. Dolan sold 2,700 shares

On Nov. 3, Vice Chairman and CFO Terrance R. Dolan sold 2,700 shares at an average price of $44.2. The price of the stock has decreased by 0.61%. U.S. Bancorp has a market cap of $75.19 billion and its shares were traded around $43.93. The company has a P/E ratio of 13.57 and P/S ratio of 3.74. The trailing 12-month dividend yield of U.S. Bancorp stocks is 2.37%, while the forward dividend yield is 2.54%. Over the past 10 years, U.S. Bancorp had an annual average earnings growth of 3.40%.

On Oct. 31, President and COO Andrew Cecere sold 83,781 shares at an average price of $44.8. The price of the stock has decreased by 1.94%. On Oct. 28, Vice Chairman P.W. Parker sold 122,981 shares at an average price of $44.79. The price of the stock has decreased by 1.92%. On Oct. 27, Director Olivia F. Kirtley sold 35,156 shares at an average price of $44.89. The price of the stock has decreased by 2.14%.

Disclosure: none.