Weekly CFO Sales Highlight: Facebook, SS&C Technologies Holdings, Travelers Companies

Recent insider sales from company CFOs

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Nov 29, 2015
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According to GuruFocus Insider Data, the recent CFO sales were: Facebook Inc. (FB, Financial), SS&C Technologies Holdings Inc. (SSNC, Financial) and Travelers Companies Inc. (TRV, Financial).

Facebook: CFO David M. Wehner sold 12,587 shares

On Nov. 16, CFO David M. Wehner sold 12,587 shares at an average price of $102.01. The price of the stock has increased by 3.37%. Facebook has a market cap of $298.21 billion and its shares were traded at around $105.45. The company has a P/E ratio of 106.69 and P/S ratio of 18.78.

Facebook announced its 2015 third-quarter results with revenues of $4.5 billion and gross profit of $3.78 billion; the net income was $891 million. The 2014 total revenue was $12.47 billion, a 58% increase from the 2013 total revenue. The 2014 gross profit was $10.31 billion, a 72% increase from the 2013 gross profit. The 2014 net income was $2.93 billion.

On Nov. 25, Director Jan Koum sold 1,030,559 shares at an average price of $105.69. The price of the stock has decreased by 0.23%. On Nov. 19, Director Susan Desmond-Hellmann sold 625 shares at an average price of $107.18. The price of the stock has decreased by 1.61%. On Nov. 17, VP, Gen. Counsel and Secretary Colin Stretch sold 12,556 shares at an average price of $102.24. The price of the stock has increased by 3.14%.

SS&C Technologies Holdings: SVP and CFO Patrick J. Pedonti sold 20,000 shares

On Nov. 2, Pedonti sold 20,000 shares at an average price of $74.33. The price of the stock has decreased by 3.5%. SS&C Technologies Holdings has a market cap of $7.17 billion and its shares were traded at around $71.73. The company has a P/E ratio of 90.14 and P/S ratio of 7.32 with a dividend yield of 0.70%. Over the past five years, SS&C Technologies Holdings had an annual average earnings growth of 20.20%.

SS&C Technologies Holdings announced its 2015 third-quarter results with revenues of $280.89 million and gross profit of $129.03 million; the net income was $34.61 million. The 2014 total revenue was $767.86 million, an 8% increase from the 2013 total revenue. The 2014 gross profit was $357.13 million, a 10% increase from the 2013 gross profit. The 2014 net income was $131.13 million.

On Oct. 1, Pedonti sold 25,000 shares at an average price of $70.78. The price of the stock has increased by 1.34%. On Nov. 23, President and COO Normand A. Boulanger sold 250,000 shares at an average price of $73.32. The price of the stock has decreased by 2.17%.

Travelers Companies: Vice Chairman and CFO Jay S. Benet sold 75,121 shares

On Nov. 24, Benet sold 75,121 shares at an average price of $115.34. The price of the stock has decreased by 0.42%. Travelers Companies has a market cap of $34.94 billion and its shares were traded at around $114.85. The company has a P/E ratio of 10.22 and P/S ratio of 1.37 with a dividend yield of 2.02%. Over the past 10 years, Travelers Companies had an annual average earnings growth of 13.50%. GuruFocus rated Travelers Companies the business predictability rank of 3-star.

Travelers Companies announced its 2015 third-quarter results with revenues of $6.79 billion and gross profit of $3.41 billion; the net income was $928 million. The 2014 total revenue was $27.16 billion, a 4% increase from the 2013 total revenue. The 2014 gross profit was $13.29 billion, a 3% increase from the 2013 gross profit. The 2014 net income was $3.69 billion.

On Oct. 28, Director Philip T. Ruegger III bought 1,500 shares at an average price of $114.14. The price of the stock has increased by 0.62%. On Nov. 20, Vice Chairman and CIO William H. Heyman sold 18,000 shares at an average price of $115.52. The price of the stock has decreased by 0.58%. On Nov. 12, Vice Chairman Doreen Spadorcia sold 18,360 shares at an average price of $113.58. The price of the stock has increased by 1.12%.