Weekly CFO Sells Highlight

recent sells from company CFOs

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Dec 17, 2017
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According to GuruFocus Insider Data, the recent CFO sells were: AutoZone Inc. (AZO, Financial) and Square Inc. (SQ, Financial).

AutoZone Inc.: Executive V.P. and CFO William T Giles sold 24,200 Shares

Executive V.P. and CFO William T Giles sold 24,200 shares for $710.79 per share on Dec. 08. The stock price has decreased by 1.93%. AutoZone Inc. has a market cap of $19.16 billion and its shares were traded around $697.06. The company has a P/E ratio of 15.58 and P/S ratio of 1.85. Over the past 10 years, AutoZone Inc. had an annual average earnings growth of 17.80%. GuruFocus rated AutoZone Inc. the business predictability rank of 4-star.

AutoZone announced its third-quarter results with revenue of $3.51 billion and gross profit of $1.85 billion, while the net income was $433.9 million. The 2017 total revenue was $10.89 billion, a 2% increase from 2016. The 2017 gross profit was $5.74 billion, a 2% increase from the year prior. The 2017 net income was $1.28 billion.

Chairman, President and CEO William C Rhodes Iii sold 26,500 shares for $701.84 per share on Dec. 07. The stock price has decreased by 0.68%. Executive Vice President Mark A. Finestone sold 13,500 shares for $711.37 per share on Dec. 08. The stock price has decreased by 2.01%. Sr. VP and Controller Charles Pleas III sold 10,000 shares for $700 per share on Dec. 07. The stock price has decreased by 0.42%.

Square Inc.: CFO Sarah Friar sold 38,400 shares

CFO Sarah Friar sold 38,400 shares for $37.08 per share on Dec. 14. The stock price has decreased by 0.13%. Square Inc. has a market cap of $14.39 billion and its shares were traded around $37.03. The company has a P/S ratio of 6.66.

Square announced its third-quarter results with revenue of $585.16 million and gross profit of $218.62 million, while the net loss was $16.1 million. The 2016 total revenue was $1.71 billion, a 35% increase from 2015. The 2016 gross profit was $576.04 million, a 56% increase from the year prior. The 2016 net loss was $171.59 million.

President, CEO and Chairman, 10% Owner Jack Dorsey sold 50,000 shares for $37.75 per share on Dec. 13. The stock price has decreased by 1.91%. Director James Morgan Jr. Mckelvey sold 400,000 shares for $38.15 per share on Dec. 11. The stock price has decreased by 2.94%. Chief Accounting Officer Ajmere Dale sold 2,814 shares for $37.23 per share on Dec. 04. The stock price has decreased by 0.54%.

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