According to GuruFocus Insider Data, the recent sells by chief financial officers (CFO) were Nvidia Corp. (NVDA, Financial) and Splunk Inc. (SPLK, Financial).
Nvidia CFO sold 22,808 shares
Executive Vice President and CFO Colette Kress sold 22,808 shares for $185.31 per share on Oct. 9. Since then, the stock price has increased 6.81%. Nvidia has a market cap of $118.76 billion and its shares were trading around $197.93. The company has a price-earnings (P/E) ratio of 56.22 and a price-sales (P/S) ratio of 15.51. The trailing 12-month dividend yield is 0.29% and the forward dividend yield is 0.29%. Over the past 10 years, the company had an annual average earnings growth rate of 15.60%.
Nvidia announced its third-quarter results with revenue of $2.23 billion and gross profit of $1.3 billion, while the net income was $584 million. The total revenue for 2017 was $6.91 billion, a 38% increase from 2016. The 2017 gross profit was $4.06 billion, a 45% increase from the prior year. The net income was $1.67 billion in 2017.
Executive Vice President of Operations Debora Shoquist sold 33,498 shares for $189.24 per share on Oct. 10. The stock price has increased 4.59% since then. Principal Accounting Officer Michael Byron sold 9,538 shares for $179.8 per share on Oct. 2. The stock price has increased by 10.08% since then. Director Harvey C. Jones sold 100,000 shares for $185.65 per share on Sept. 21. The stock price has increased by 6.61% since then.
Splunk CFO sold 21,589 shares
Senior Vice President and CFO David F. Conte sold 21,589 shares for $68.99 per share on Sept. 20. Since then, the stock price has declined 6.84%. Splunk has a market cap of $9 billion and its shares were trading around $64.27. The company has a P/S ratio of 8.20. Over the past five years, the company had an annual average earnings growth rate of 65.70%.
Splunk announced its third-quarter results with revenue of $279.96 million and gross profit of $220.09 million, while the net loss was $83.5 million. The total revenue was $949.96 million in 2017, a 42% increase from 2016. The 2017 gross profit was $758.9 million, a 37% increase from the prior year. The net loss was $355.19 million.
Director Godfrey Sullivan sold 40,000 shares for $63.48 per share on Oct. 12. The stock price has increased 1.24% since then. Senior Vice President and Chief Revenue Officer Susan St. Ledger sold 677 shares for $69.52 per share on Sept. 22. The stock price has fallen 7.55% since then. Director Thomas M. Neustaetter sold 3,614 shares for $67.7 per share on Sept. 20. The stock price has declined 5.07% since then.
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