Weekly CFO Sells Highlights

Insiders sell PepsiCo, Tyler Technologies

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Feb 23, 2017
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According to GuruFocus Insider Data, the recent chief financial officer (CFO) sells were: PepsiCo Inc. (PEP, Financial) and Tyler Technologies Inc. (TYL, Financial).

PepsiCo CFO sold 195,437 shares

Vice Chair, Executive Vice President and CFO Hugh F. Johnston sold 195,437 shares for $107.63 per share on Feb. 17. The stock price has increased by 2.19%.

PepsiCo has a market cap of $156.98 billion, and its shares were traded around $109.99. The company has a price-earnings (P/E) ratio of 25.21 and price-sales (P/S) ratio of 2.55. The trailing 12-month dividend yield of PepsiCo stocks is 2.70% while the forward dividend yield is 2.75%. Over the past 10 years, PepsiCo had an annual average earnings growth of 4.80%.

PepsiCo announced its 2016 fourth-quarter results with revenues of $19.52 billion and gross profit of $10.57 billion while the net income was $1.4 billion. The 2016 total revenue was $62.80 billion, a 0.4% decrease from the 2015 total revenue. The 2016 gross profit was $34.59 billion, a 0.8% increase from the 2015 gross profit. The 2016 net income was $6.33 billion.

Three other insiders sold shares on Feb. 17. Chairman and CEO Indra K. Nooyi sold 374,899 shares for $107.63 per share. The stock price has increased by 2.19%. CEO Asia, Middle East and Africa (AMENA) Sanjeev Chadha sold 25,000 shares for $107.96 per share. The stock price has increased by 1.88%. Senior Vice President and Controller Marie T. Gallagher sold 30,005 shares for $107.28 per share. The stock price has increased by 2.53%.

Tyler Technologies CFO sold 107,482 shares

CFO Brian K. Miller sold 6,000 shares for $154.08 per share on Feb. 17. The stock price has increased by 0.72%. Tyler Technologies has a market cap of $5.68 billion, and its shares were traded around $155.19. The company has a P/E ratio of 67.18 and P/S ratio of 7.92. Over the past 10 years, Tyler Technologies had an annual average earnings growth of 18.80%. GuruFocus rated Tyler Technologies the business predictability rank of 5-star.

Tyler Technologies announced its 2016 third-quarter results with revenues of $194.5 million and gross profit of $93.48 million while the net income was $22.26 million. The 2015 total revenue was $591.02 million, a 20% increase from the 2014 total revenue. The 2015 gross profit was $277.19 million, a 19% increase from the 2014 gross profit. The 2015 net income was $64.87 million.

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