Weekly CFO Sells Highlight

Recent sells from company Chief Financial Officers

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Jan 24, 2020
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According to GuruFocus Insider Data, recent Chief Financial Officer (CFO) sells were made by Zscaler Inc. (ZS, Financial) and Masco Corp. (MAS, Financial).

Zscaler: CFO Remo Canessa sold 110,000 shares

CFO Remo Canessa sold 110,000 shares for $60 per share on Jan. 15. Since then, the stock price has decreased by 1.15%.

Zscaler has a market cap of $7.59 billion and its shares were traded around $59.31. The company has a price-sales ratio of 22.34.

Zscaler announced its fourth-quarter 2019 results with revenue of $93.59 million and gross profit of $74.03 million, while the net loss was $17.08 million. The 2019 total revenue was $302.84 million, an 59% increase from 2018. The 2019 gross profit was $243.17 million, a 60% increase from the year prior. The 2019 net loss was $28.66 million.

Director Andrew William Fraser Brown sold 2,700 shares for $60 per share on Jan. 15. Since then, the stock price has decreased by 1.15%.

Chief Legal Officer Robert Schlossman sold 2,000 shares for $50 per share on Jan. 08. Since then, the stock price has increased by 18.62%.

Director Karen Blasing sold 1,000 shares for $46.87 per share on Jan. 02. Since then, the stock price has increased by 26.54%.

Masco Corp: Vice President and CFO John G. Sznewajs sold 123,936 shares

Vice President and CFO John G Sznewajs sold 41,312 shares for $49.17 per share on Jan. 17. Since then, the stock price has increased by 0.49%.

Masco has a market cap of $14.13 billion and its shares were traded around $49.41. The company has a price-earnings ratio of 21.57 and price-sales ratio of 1.66. The trailing 12-month dividend yield of Masco stocks is 1.02%, while the forward dividend yield is 1.10%. Over the past five years, Masco had an annual average earnings growth of 14.70%.

Masco announced its third-quarter results for 2019 with revenue of $1.95 billion and gross profit of $665 million, while the net income was $126 million.

Sznewajs also sold 41,312 shares for $47.34 per share on Jan. 06. Since then, the stock price has increased by 4.37%.

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