Weekly CFO Sells Highlight: DHR, JEF, SNDK, KLAC, ADSK

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Feb 03, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Danaher Corporation, Jefferies Group Inc., SanDisk Corp., KLA-Tencor Corporation and Autodesk Inc.

Danaher Corporation (DHR, Financial): Executive Vice President and CFO Daniel L. Comas Sold 90,460 Shares

Executive Vice President and CFO Daniel L. Comas sold 90,460 shares of DHR stock on 01/31/2013 at the average price of $60.31. Daniel L. Comas owns at least 187,186 shares after this. The price of the stock has increased by 0.27% since.

Danaher Corporation, originally DMG Inc., was organized in 1969 as a Massachusetts real estate investment trust. Danaher Corporation has a market cap of $41.89 billion; its shares were traded at around $60.47 with a P/E ratio of 19.3424 and P/S ratio of 2.3969. The dividend yield of Danaher Corporation stocks is 0.17%. Danaher Corporation had an annual average earnings growth of 13.3% over the past 10 years. GuruFocus rated Danaher Corporation the business predictability rank of 3.5-star.

For its fourth quarter of 2012, Danaher Corporation reported net earnings of $630.4 million ($0.89 per share), an increase of 12.5% over the same quarter of 2011. Sales for the quarter increased 5.5% to $4.98 billion.

Senior Vice President and Chief Accounting Officer Robert S. Lutz sold 65,000 shares of DHR stock on 01/30/2013 at the average price of $60.66.

Jefferies Group Inc. (JEF, Financial): Executive Vice President and CFO Peregrine C. Broadbent Sold 90,000 Shares

Executive Vice President and CFO Peregrine C. Broadbent sold 90,000 shares of JEF stock on 01/25/2013 at the average price of $19.55. Peregrine C. Broadbent owns at least 39,444 shares after this. The price of the stock has increased by 2.05% since.

Jefferies Group Inc. and its subsidiaries operate as independent, full-service global securities and investment banking firm serving companies and their investors. Jefferies Group Inc. has a market cap of $4.07 billion; its shares were traded at around $19.95 with a P/E ratio of 16.3399 and P/S ratio of 1.4854. The dividend yield of Jefferies Group Inc. stocks is 1.5%.

Jefferies Group Inc. reported fourth quarter 2012 net revenues of $769 million, and net earnings of $72 million ($0.31 per share). This compares to revenues of $554 million and earnings of $48 million in the same period of last year.

SanDisk Corp (SNDK, Financial): Executive Vice President Administration and CFO Judy Bruner Sold 40,000 Shares

Executive Vice President Administration and CFO Judy Bruner sold 40,000 shares of SNDK stock on 01/31/2013 at the average price of $50. Judy Bruner owns at least 31,004 shares after this. The price of the stock has increased by 0.5% since.

SanDisk Corporation was incorporated in Delaware in June 1988 under the name SunDisk Corporation and changed its name to SanDisk Corporation in August 1995. SanDisk Corp has a market cap of $12.15 billion; its shares were traded at around $50.25 with a P/E ratio of 25.4453 and P/S ratio of 2.4278.

For its fourth quarter of 2012, SanDisk Corp reported revenues of $1.54 billion – a 2% decrease over prior year quarter. Total year 2012 revenue decreased 11% from 2011. GAAP fourth quarter income was $214 million ($0.87 per diluted share), compared to net income of $281 million ($1.14 per share) in prior year quarter.

President and CEO Sanjay Mehrotra sold 10,000 shares of SNDK stock on 01/31/2013 at the average price of $50.

KLA-Tencor Corporation (KLAC, Financial): Executive Vice President and CFO Mark P. Dentinger Sold 22,763 Shares

Executive Vice President and CFO Mark P. Dentinger sold 22,763 shares of KLAC stock on 01/25/2013 at the average price of $56.45. Mark P. Dentinger owns at least 84,400 shares after this. The price of the stock has decreased by 1.22% since.

KLA-Tencor Corporation was formed in April 1997 through the merger of KLA Instruments Corporation and Tencor Instruments, two long-time leaders in the semiconductor equipment industry that originally began operations in 1975 and 1976, respectively. KLA-Tencor Corporation has a market cap of $9.26 billion; its shares were traded at around $55.76 with a P/E ratio of 13.6426 and P/S ratio of 3.0349. The dividend yield of KLA-Tencor Corporation stocks is 2.69%.

KLA-Tencor has released its second quarter 2013 results ended December 31, 2012. In this quarter, the company generated revenues of $673 million, compared to the $642 million reported prior year quarter. GAAP Net income was $103 million ($0.63 per diluted share), compared to $111 million ($0.66 per share) prior year quarter.

President and CEO Richard P. Wallace and multiple other insiders all sold shares of KLAC stock over the past week.

Autodesk Inc. (ADSK, Financial): Executive Vice President and CFO Mark J. Hawkins Sold 21,164 Shares

Executive Vice President and CFO Mark J. Hawkins sold 21,164 shares of ADSK stock on 01/25/2013 at the average price of $38.82. Mark J. Hawkins owns at least 62,884 shares after this. The price of the stock has increased by 0.31% since.

Autodesk Inc. was incorporated in California in April 1982 and were reincorporated in Delaware in May 1994. Autodesk Inc. has a market cap of $8.75 billion; its shares were traded at around $38.94 with a P/E ratio of 36.7647 and P/S ratio of 3.9246. Autodesk Inc. had an annual average earnings growth of 12.7% over the past 10 years.

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