Weekly CFO Sells Highlights

HP, Apple insiders sell shares

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Apr 11, 2017
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According to GuruFocus Insider Data, the recent chief financial officer (CFO) sells were: HP Inc. (HPQ, Financial) and Apple Inc. (AAPL, Financial).

HP CFO sold 719,775 shares

CFO Catherine A. Lesjak sold 719,775 shares for $17.6 per share on April 3. The stock price has decreased by 1.36%. HP has a market cap of $29.35 billion, and its shares were traded around $17.36. The company has a price-earnings (P/E) ratio of 11.97 and a price-sales (P/S) ratio of 0.62. HP's trailing 12-month dividend yield is 2.95% while the forward dividend yield is 3.02%.

HP announced its 2017 first-quarter results with revenue of $12.68 billion and gross profit of $2.25 billion while the net income was $611 million. The 2016 total revenue was $48.24 billion, a 6% increase from the 2015 total revenue. The 2016 gross profit was $9.00 billion, a 9% increase from the 2015 gross profit. The 2016 net income was $2.50 billion.

Apple CFO sold 20,307 shares

Senior Vice President and CFO Luca Maestri sold 20,307 shares for $145.05 per share on April 5. The stock price has decreased by 1.3%.

Apple has a market cap of $751.15 billion, and its shares were traded around $143.17. The company has a P/E ratio of 17.12 and P/S ratio of 3.59. Apple's trailing 12-month dividend yield is 1.59% while the forward dividend yield is 1.59%. Over the past 10 years, Apple had an annual average earnings growth of 42.50%. GuruFocus rated Apple the business predictability rank of 3-star.

Apple announced its 2016 fourth-quarter results with revenue of $78.35 billion and gross profit of $30.18 billion while the net income was $17.89 billion. The 2016 total revenue was $215.64 billion, an 8% increase from the 2015 total revenue. The 2016 gross profit was $84.26 billion, a 10% increase from the 2015 gross profit. The 2016 net income was $45.69 billion.

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