Weekly CFO Sells Highlights

Insiders invest in GoDaddy and CVS Health

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Sep 14, 2017
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According to GuruFocus Insider Data, the recent chief financial officer (CFO) sells were GoDaddy Inc. (GDDY, Financial) and CVS Health Corp. (CVS, Financial).

GoDaddy CFO sold 2,500 shares

CFO Raymond E. Winborne Jr. sold 2,500 shares at $43.9 per share on Sept. 7. The stock price has decreased by 0.48%.

GoDaddy has a market cap of $7.21 billion, and its shares were traded at around $43.69. The company has a price-earnings (P/E) ratio of 312.08 and a price-sales (P/S) ratio of 2.39.

GoDaddy announced its second-quarter results with revenue of $557.8 million and gross profit of $361.4 million while the net income was $20.8 million. The 2016 total revenue was $4.86 billion, a 15% increase from 2015. The 2016 gross profit was $4.56 billion, a 14% increase from the year prior. The 2016 net loss was $16.5 million.

Executive Vice President and General Counsel Nima Kelly sold 3,810 shares for $43.58 per share on Sept. 12. The stock price has increased by 0.25%.

Lake Group LLC Silver, a 10% owner, sold 5,773,272 shares for $43.71 per share on Sept. 8. The stock price has decreased by 0.05%.

Director and 10% owner Robert R. Parsons sold 5,817,338 shares for $43.71 per share on Sept. 8. The stock price has decreased by 0.05%.

CVS Health CFO sold 237,078 shares

Executive Vice President and CFO David M. Denton sold 237,078 shares for $79.65 per share on Sept. 11. The stock price has increased by 4.65%.

CVS Health has a market cap of $84.73 billion, and its shares were traded around $83.35. The company has a P/E ratio of 16.68 and a P/S ratio of 0.48. CVS Health's trailing 12-month dividend yield is 2.31% while the forward dividend yield is 2.43%. Over the past 10 years, CVS Health had an annual average earnings growth of 11.30%. GuruFocus rated CVS Health the business predictability rank of 4.5 stars.

CVS Health announced its second-quarter results with revenue of $45.69 and gross profit of $6.94 billion while the net income was $1.1 billion. The 2016 total revenue was $177.53 billion, a 16% increase from 2015. The 2016 gross profit was $28.86 billion, a 9% increase from the year prior. The 2016 net income was $5.32 billion.

Director Martin Andrew Burian bought 2,000 shares for $79.65 per share on Aug. 30. The stock price has increased by 4.65%.

Executive Vice President and General Counsel Thomas M. Moriarty sold 90,267 shares for $79.61 per share on Sept. 11. The stock price has increased by 4.7%.

Director Richard J. Swift sold 2,500 shares for $79.62 per share on Aug. 16. The stock price has increased by 4.68%.

Disclosure: None.