According to GuruFocus Insider Data, the largest insider sales during the past week were: Six Flags Entertainment Corp., Delta Air Lines Inc., FedEx Corp., and Oracle Corp.
The overall trend of insiders is illustrated in the chart below:
Six Flags Entertainment Corp. (SIX, Financial): Director Usman Nabi sold 312,003 shares
Nabi sold 312,003 shares during the past week at an average price of $54.63.
Six Flags Entertainment Corp. has a market cap of $5.02 billion. Its shares were traded at around $54.63 with a P/E ratio of 45.73 and a P/S ratio of 4.32. The dividend yield of Six Flags Entertainment Corp. stocks is 3.92%.
Six Flags has released its third quarter results. Revenue grew 6% for this quarter to $575 million, with adjusted EBITDA also improving 6% to $308 million. Revenue growth was largely driven by park attendance growth of 9%. Diluted EPS for the quarter were $1.64, up 52% year-over-year.
Chairman, President and CEO James Reid-Anderson sold 138,111 shares of SIX stock on Dec. 23 at the average price of $53.94. Ten percent owner Rehan Jaffer also recently sold shares of SIX stock.
Delta Air Lines Inc. (DAL, Financial): President Edward H. Bastian sold 240,000 shares
Bastian sold 240,000 shares on Dec. 21 at an average price of $52.26.
Delta Air Lines Inc. has a market cap of $41.1 billion. Its shares were traded at around $52.26 with a P/E ratio of 14.84 and a P/S ratio of 1.04. The dividend yield of Delta Air Lines Inc. stocks is 0.86%. The company had an annual average earnings growth of 29.80% over the past five years.
Delta Air Lines has released its results for its third quarter of 2015. Adjusted net income was $1.4 billion for the period, or $1.74 per diluted share, up 45% over the prior year quarter. The company generated free cash flow of $1.4 billion and returned $532 million to shareholders through dividends and repurchases in the quarter.
EVP and CFO Paul A Jacobson sold 7,000 shares of DAL stock on Dec. 23 at the average price of $51.74.
FedEx Corp. (FDX, Financial): EVP and CFO Alan B Graf Jr. sold 33,155 shares
Graf sold 33,155 shares on Dec. 18 at an average price of $149.65.
FedEx Corp. has a market cap of $41.25 billion, and its shares were traded at around $149.65 with a P/E ratio of 35.71 and a P/S ratio of 0.88. The dividend yield of FedEx Corp. stocks is 0.63%. The company had an annual average earnings growth of 2.90% over the past 10 years.
FedEx has recently released its second quarter results ended Nov. 30. In this quarter, adjusted earnings were $2.58 per diluted share, compared to $2.16 per diluted share a year ago. GAAP revenue was $12.5 billion versus $11.9 billion last year. Operating income was $1.14 billion compared to $1.09 billion for the prior year quarter.
Henry J Maier, and David J Bronczek both also recently sold shares of FDX stock.
Oracle Corp. (ORCL, Financial): Director George H. Conrades sold 78,750 shares
Conrades sold 78,750 shares on Dec. 21 at an average price of $37.01.
Oracle Corp. has a market cap of $155.49 billion. Its shares were traded at around $37.01 with a P/E ratio of 17.32 and a P/S ratio of 4.37. The dividend yield of Oracle Corp. stocks is 1.54%. The company had an annual average earnings growth of 16.20% over the past 10 years. GuruFocus rated it the business predictability rank of 3.5-star.
Oracle recently announced its fiscal second quarter 2016 results. Total revenues were $9.0 billion, down 6% in U.S. dollars and unchanged in constant currency. Operating income was $3.0 billion and net income was $2.2 billion (51 cents per diluted share).
CEO Mark V Hurd sold 375,000 shares of ORCL stock on Oct. 1 at the average price of $36.18. Multiple other insiders have all also recently sold shares of ORCL stock.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.
