Weekly CFO Sells Highlight: CMCSA, ACTU, FRGI, PETM, THRX, DXPE, CRZO

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Jun 04, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Comcast Corp A, Actuate Corp., Fiesta Restaurant, Petsmart Inc., Theravance Inc., DXP Enterprises and Carrizo Oil & Gas.


Comcast Corp A (CMCSA, Financial): Vice Chairman and CFO Michael J Angelakis Sold 179,690 Shares


Vice Chairman and CFO Michael J. Angelakis sold 179,690 shares of CMCSA stock on 05/25/2012 at the average price of $29. Michael J. Angelakis owns at least 410,865 shares after this. The price of the stock has decreased by 0.21% since.


Comcast Corp., among the world's communication companies, provides basic cable, digital cable and high speed internet services that connect people to what's important in their lives. Comcast Corp A has a market cap of $77.19 billion; its shares were traded at around $28.94 with a P/E ratio of 17.1 and P/S ratio of 1.4. The dividend yield of Comcast Corp A stocks is 2.3%. Comcast Corp A had an annual average earnings growth of 17% over the past 10 years. GuruFocus rated Comcast Corp A the business predictability rank of 4-star.


For its first quarter of 2012 ended March 31, 2012 – Comcast Corp A reported an EPS increase of 32% from the prior year quarter to $0.45. Total revenues increased 22.7% in this quarter to $14.9 billion, with operating cash flow increasing 15.3% to $4.7 billion. During this first quarter of 2012, Comcast paid dividends totaling $304 million and repurchased 25.9 million of its common shares for $750 million.


Actuate Corp. (ACTU, Financial): Senior Vice President Operations and CFO Daniel A. Gaudreau Sold 100,000 Shares


Senior Vice President Operations and CFO Daniel A. Gaudreau sold 100,000 shares of ACTU stock on 05/31/2012 at the average price of $6.69. Daniel A. Gaudreau owns at least 147,619 shares after this.


Actuate Corporation is a provider of e.Reporting solutions. It has a P/E ratio of 13.4 and annual average earnings growth of 13.3% over the past 10 years.


Fiesta Restaurant (FRGI, Financial): Interim CFO Paul R. Flanders Sold 32,194 Shares


Interim CFO Paul R. Flanders sold 32,194 shares of FRGI stock on 05/29/2012 at the average price of $12.35. Paul R. Flanders owns at least 134,164 shares after this. The price of the stock has decreased by 2.67% since.


Fiesta Restaurant Group Inc. owns and operates quick-casual restaurants under the Pollo Tropical (R) and Taco Cabana (R) brand names in the U.S.


Petsmart Inc. (PETM, Financial): Executive Vice President and CFO Lawrence Molloy Sold 25,911 Shares


Executive Vice President and CFO Lawrence Molloy sold 25,911 shares of PETM stock on 05/25/2012 at the average price of $63. Lawrence Molloy owns at least 46,029 shares after this. The price of the stock has decreased by 0.08% since.


Petsmart Inc. is a operator of superstores specializing in pet food, supplies and services in the United States. Petsmart Inc. has a market cap of $6.91 billion; its shares were traded at around $62.95 with a P/E ratio of 22.5 and P/S ratio of 1.1. The dividend yield of Petsmart Inc. stocks is 0.9%. Petsmart Inc. had an annual average earnings growth of 16.7% over the past 10 years. GuruFocus rated Petsmart Inc. the business predictability rank of 2.5-star.


For its first quarter of 2012, Petsmart Inc. reported EPS of $0.85, up 39% compared to $0.61 in the first quarter of 2011. Total sales for the company increased 9.4% to $1.6 billion, with comparable store sales increasing 7.4%. The company saw $150 million in operating cash flow during this quarter.


President and COO David K. Lenhardt, Senior Vice President Real Estate and Development Jaye D. Perricone, and multiple other insiders also sold shares of PETM stock.


Theravance Inc. (THRX, Financial): Senior Vice President and CFO Michael W. Aguiar Sold 20,000 Shares


Senior Vice President and CFO Michael W. Aguiar sold 20,000 shares of THRX stock on 05/29/2012 at the average price of $22.29. Michael W. Aguiar owns at least 157,924 shares after this. The price of the stock has decreased by 17.14% since.


Theravance Inc. is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $1.63 billion; its shares were traded at around $18.47 with and P/S ratio of 66.3.


Theravance Inc. has reported its first quarter 2012 results. During this quarter, the company generated revenues of $127.1 million and net income of $84.6 million ($0.93 per share).


DXP Enterprises (DXPE, Financial): Senior Vice President and CFO Hugh H. Mcconnell Sold 18,809 Shares


Senior Vice President and CFO Hugh H. Mcconnell sold 18,809 shares of DXPE stock on 05/29/2012 at the average price of $49.77. Hugh H. Mcconnell owns at least 220,770 shares after this. The price of the stock has decreased by 13.7% since.


DXP Enterprises Inc. is a supplier of maintenance, repair and operating products, equipment and services to industrial customers. DXP Enterprises has a market cap of $610.4 million; its shares were traded at around $42.95 with a P/E ratio of 17.8 and P/S ratio of 0.8. DXP Enterprises had an annual average earnings growth of 17.7% over the past 10 years.


DXP Enterprises reported first quarter 2012 net income of $11.6 million ($0.77 per share) compared to $6.3 million ($0.42 per share) prior year quarter. Sales in the first quarter increased 37.8% to $252.3 million from $183.1 million last year.


Carrizo Oil and Gas (CRZO, Financial): CFO, Vice President, Secretary and Treasurer Paul F. Boling Sold 10,902 Shares


CFO, Vice President, Secretary and Treasurer Paul F. Boling sold 10,902 shares of CRZO stock on 05/30/2012 at the average price of $23.16. Paul F. Boling owns at least 75,288 shares after this. The price of the stock has decreased by 14.34% since.


Carrizo Oil & Gas Inc. is a Houston-based energy company actively engaged in the exploration, development, exploitation and production of oil and natural gas primarily in proven trends in the Barnett Shale area in North Texas and along the Texas and Louisiana onshore Gulf Coast regions. Carrizo Oil and Gas has a market cap of $807.8 million; its shares were traded at around $19.84 with a P/E ratio of 23.7 and P/S ratio of 4.


For its first quarter of 2012, Carrizo Oil & Gas reported an increase in oil production of 30% from prior year quarter. Adjusted revenues were $91.7 million, compared to $52.9 million in the first quarter of 2011. Adjusted net income was $18 million ($0.46 per share), as compared to $10.6 million prior year quarter.


President and CEO S. P. Johnson IV sold 6,550 shares of CRZO stock on 05/30/2012 at the average price of $23.41. Multiple other insiders also sold shares of CRZO stock during the past week.


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