Weekly CFO Sells Highlight: FB, ZNGA, TRLA, EQT, CERN

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Aug 06, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Facebook Inc., Zynga Inc., Trulia Inc., EQT Corp. and Cerner Corporation.

Facebook Inc. (FB, Financial): CFO David A. Ebersman Sold 223,400 Shares

CFO David A Ebersman sold 223,400 shares of FB stock on 08/02/2013 at the average price of $37.95. David A. Ebersman owns at least 2,075,085 shares after this. The price of the stock has increased by 3.27% since.

Facebook Inc. was incorporated in Delaware in July 2004. Facebook Inc. has a market cap of $94.03 billion; its shares were traded at around $39.19 with a P/E ratio of 178.57 and P/S ratio of 16.13.

Facebook Inc. has released its first quarter 2013 results ended March 31, 2013. Revenues for the quarter rose to $1.45 billion from $1.05 billion in the same period of last year. GAAP net income was $219 million ($0.09 per diluted share), compared to $205 million ($0.09 per share) prior year quarter. Daily active users increased by 26% from last year.

VP, General Counsel and Secretary Colin Stretch sold 18,593 shares of FB stock on 07/30/2013 at the average price of $36.19. Chief Technology Officer Michael Todd Schroepfer sold 45,000 shares of FB stock on 07/30/2013 at the average price of $36.94. Chief Accounting Officer Jas Athwal and multiple other insiders also recently sold shares of FB stock.

Zynga Inc. (ZNGA, Financial): CFO Mark Vranesh Sold 125,000 Shares

CFO Mark Vranesh sold 125,000 shares of ZNGA stock on 08/01/2013 at the average price of $3. Mark Vranesh owns at least 551,892 shares after this. The price of the stock has decreased by 2% since.

Zynga Inc. has a market cap of $2.36 billion; its shares were traded at around $2.94 with a P/E ratio of 147.50 and P/S ratio of 2.03.

Multiple other insiders also sold shares of ZNGA stock over the past week.

Trulia Inc. (TRLA, Financial): CFO Prashant Aggarwal Sold 95,000 Shares

CFO Prashant Aggarwal sold 95,000 shares of TRLA stock on 08/02/2013 at the average price of $44.24. The price of the stock has increased by 3.23% since.

Trulia Inc. was incorporated in Delaware in June 2005. Trulia Inc. has a market cap of $1.48 billion; its shares were traded at around $45.67 with and P/S ratio of 10.25.

Trulia Inc. recently released second quarter 2013 results ended June 30, 2013. In this quarter, the company generated revenue of $29.7 million – a 77% increase over the prior year quarter. Net loss for the second quarter was $2.4 million ($0.07 per share), compared to a loss of $3.4 million ($0.49 per share) last year. Adjusted EBITDA was $3.4 million.

Director Erik Bardman and Chief Technology Officer Daniele Farnedi both also recently sold shares of TRLA stock.

EQT Corp (EQT, Financial): Sr. Vice President and CFO Philip P. Conti Sold 83,500 Shares

Sr. Vice President and CFO Philip P. Conti sold 83,500 shares of EQT stock on 07/31/2013 at the average price of $87.76. Philip P. Conti owns at least 93,046 shares after this. The price of the stock has decreased by 1.78% since.

EQT Corp. is a Pennsylvania corporation formed in 2008 in connection with a holding company reorganization of the former Equitable Resources Inc. EQT Corp has a market cap of $13.03 billion; its shares were traded at around $86.20 with a P/E ratio of 48.54 and P/S ratio of 6.69. The dividend yield of EQT Corp stocks is 0.58%. EQT Corp had an annual average earnings growth of 10.8% over the past 10 years.

EQT Corp. recently reported second quarter 2013 earnings of $86.9 million ($0.57 per diluted share), compared to second quarter 2012 earnings of $31.4 million ($0.21 per share). Operating cash flow increased to $316.7 million from $166.0 million a year ago.

Cerner Corporation (CERN, Financial): Executive VP and CFO Marc G. Naughton Sold 80,000 Shares

Exec. VP and CFO Marc G. Naughton sold 80,000 shares of CERN stock on 08/01/2013 at the average price of $49.5. Marc G. Naughton owns at least 85,146 shares after this. The price of the stock has increased by 0.44% since.

Cerner Corporation started doing business in 1980, and it was organized as a Delaware corporation in 1986. Cerner Corporation has a market cap of $16.99 billion; its shares were traded at around $49.72 with a P/E ratio of 40.49 and P/S ratio of 6.32. Cerner Corporation had an annual average earnings growth of 17% over the past 10 years. GuruFocus rated Cerner Corporation the business predictability rank of 5-star.

Cerner Corporation recently reported second quarter 2013 revenue of $707.6 million – an 11% increase from last year. Second quarter GAAP earnings were $97.8 million ($0.28 per diluted share).

Chairman, CEO and President Neal L. Patterson sold 1,000 shares of CERN stock on 08/01/2013 at the average price of $49.59.

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