Weekly CFO Sells Highlight: MMC, LIZ, SZYM, SXCI, PLD

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Mar 12, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Marsh & Mclennan, Liz Clairborne, Solazyme In.c, Sxc Health Sol and Prologis Inc.


Marsh & McLennan (MMC, Financial): Executive Vice President and CFO Vanessa Ames Wittman Sold 288,397 Shares


Executive Vice President and CFO of Marsh & McLennan (MMC) Vanessa Ames Wittman sold 288,397 shares on 03/07/2012 at an average price of $31.45. Marsh & McLennan is primarily a holding company which, through its subsidiaries and affiliates, provides clients with analysis, advice and transactional capabilities in the fields of risk and insurance services, investment management and consulting. Marsh & McLennan has a market cap of $17.38 billion; its shares were traded at around $32.233 with a P/E ratio of 18.32 and P/S ratio of 1.51. The dividend yield of Marsh & McLennan stocks is 2.73%. Marsh & McLennan had an annual average earnings growth of 0.9% over the past five years.


Marsh & McLennan has released its fourth quarter 2011 results. For this quarter, the company reported consolidated revenues of $2.9 billion, an increase of 4% over the same quarter last year. Net income increased rose to $256 million ($0.46 per share), from $203 million ($0.37 per share) prior year quarter.


Executive Vice President and CFO Vanessa Ames Wittman sold 288,397 shares of MMC stock on 03/07/2012 at the average price of $31.45. Vanessa Ames Wittman owns at least 22,314 shares after this. The price of the stock has increased by 2.49% since. Director R. David Yost and Senior Vice President and Controller Robert J. Rapport both also sold shares of MMC stock during the past week.


Liz Claiborne (LIZ, Financial): CFO Andrew Warren Sold 86,700 Shares


CFO Andrew Warren sold 86,700 shares of LIZ stock on 03/02/2012 at the average price of $11.1. Andrew Warren owns at least 88,978 shares after this. The price of the stock has increased by 7.12% since.


Liz Claiborne Inc. designs and markets an extensive range of branded women's and men's fashion apparel and accessories, appropriate for occasions ranging from casual to dressy. Liz Claiborne has a market cap of $1.12 billion; its shares were traded at around $11.89 with and P/S ratio of 0.74.


For its fourth quarter of 2011, Liz Clairborne reported GAAP income from continuing operations of $245 million ($2.04 per share) compared to $13 million ($0.13 per share) in the same quarter last year. Much of this increased income was generated by the sales of global trademark rights. Adjusted EPS was $.10 as compared to $.14 prior year quarter. Net sales for the fourth quarter decreased $12 million from last year to $447 million.


Solazyme Inc. (SZYM, Financial): CFO Tyler Painter Sold 76,500 Shares


CFO of Solazyme Inc. (SZYM) Tyler Painter sold 76,500 shares on 03/05/2012 at an average price of $12.81. Solazyme, Inc. operates as a renewable oil and bioproducts company engaged in the transformation of plant-based sugars into tailored oils. Solazyme Inc. has a market cap of $772.3 million; its shares were traded at around $13.8 with and P/S ratio of 19.82.


In its fourth quarter of 2011, Solazyme Inc. saw total revenues of $14.9 million as compared to $23.2 million prior year quarter. GAAP Net loss for the quarter was $15.9 million, as compared to a net income of $2.9 million in the fourth quarter of 2010.


CEO Jonathan S. Wolfson sold 32,500 shares of SZYM stock on 03/05/2012 at the average price of $12.83. CFO Tyler Painter sold 76,500 shares of SZYM stock on 03/05/2012 at the average price of $12.81. Tyler Painter owns at least 311,498 shares after this. The price of the stock has increased by 7.73% since. General Counsel Paul T. Quinlan and CTO and President Harrison Dillon also sold shares of SZYM stock.


SXC Health Solutions Corp. (SXCI, Financial): CFO & EVP Jeffrey G Park Sold 52,556 Shares


CFO and Executive Vice President of SXC Health Solutions Corp. (SXCI) Jeffrey G. Park sold 52,556 shares on 03/02/2012 at an average price of $71.43. SXC Health Solutions Corp. provides pharmacy benefits management services and healthcare IT solutions to the healthcare benefits management industry. SXC Health Solutions Corp. has a market cap of $4.54 billion; its shares were traded at around $72.33 with a P/E ratio of 44.67 and P/S ratio of 0.91. SXC Health Solutions Corp. had an annual average earnings growth of 47.8% over the past five years.


President & CEO Mark Thierer sold 76,850 shares of SXCI stock on 03/02/2012 at the average price of $71.53. CFO and EVP Jeffrey G. Park sold 52,556 shares of SXCI stock on 03/02/2012 at the average price of $71.43. Jeffrey G. Park owns at least 6,042 shares after this. The price of the stock has increased by 1.26% since.


Prologis Inc. (PLD, Financial): CFO William E. Sullivan Sold 49,461 Shares


CFO William E. Sullivan sold 49,461 shares of PLD stock on 03/02/2012 at the average price of $33.66. William E. Sullivan owns at least 90,991 shares after this. The price of the stock has increased by 0.92% since.


Prologis Incorporation is engaged in the acquisition, development, and operation of industrial properties in North America, Europe and Asia. Prologis Inc. has a market cap of $15.68 billion; its shares were traded at around $33.9701 with a P/E ratio of 21.88 and P/S ratio of 10.22. The dividend yield of Prologis Inc. stocks is 3.28%.


For its fourth quarter of 2011, Prologis Inc. saw core FFO of $0.44 per diluted share, compared to $0.41 per share last year.


For the complete list of stocks that Sold by their CFOs, go to: Insider Buys.