Weekly CFO Sells Highlight

Insiders sell Facebook, Schlumberger Ltd. and Public Storage

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Dec 16, 2016
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According to GuruFocus Insider Data, the recent chief financial officer (CFO) sells were: Facebook Inc. (FB, Financial), Schlumberger Ltd (SLB, Financial) and Public Storage (PSA, Financial).

Facebook CFO sold 10,530 shares

CFO David M. Wehner sold 10,530 shares at an average price of $119.05 on Nov. 21. The stock price has increased by 1.28%.

Facebook has a market cap of $347.5 billion, and its shares were traded around $120.57. The company has a price-earnings (P/E) ratio of 45.81 and price-sales (P/S) ratio of 13.91.

Facebook announced its third-quarter results with revenue of $7.011 billion and gross profit of $6.02 billion while the net income was $2.37 billion. The 2015 total revenue was $17.93 billion, a 44% increase from the 2014 total revenue. The 2015 gross profit was $15.06 billion, a 46% increase from the 2014 gross profit. The 2015 net income was $3.69 billion.

Chairman, CEO and 10% owner Mark Zuckerberg sold 799,481 shares at an average price of $118.83 on Dec. 12. The stock price has increased by 1.46%. Chief Technology Officer Michael Todd Schroepfer sold 38,019 shares at an average price of $120.35 on Dec. 13. The stock price has increased by 0.18%. Vice President and General Counsel Colin Stretch sold 750 shares at an average price of $119.95 on Dec.13. The stock price has increased by 0.52%. Chief Product Officer Christopher K. Cox sold 15,600 shares at an average price of $118.54on Dec. 12. The price of the stock has increased by 1.71%.

Schlumberger Ltd. CFO sold 40,000 shares

CFO Simon Ayat sold 40,000 shares at an average price of $84 on Dec. 8. The price of the stock has increased by 1.52%.

Schlumberger Ltd. has a market cap of $118.65 billion, and its shares were traded around $85.28. The company has a P/S ratio of 3.95. The trailing 12-month dividend yield is 2.35% while the forward dividend yield is 2.35%. Over the past 10 years, Schlumberger Ltd. had an annual average earnings growth of 5.30%. GuruFocus rated Schlumberger Ltd the business predictability rank of 2-stars.

Schlumberger Ltd. announced its third-quarter results with revenue of $7.02 billion and gross profit of $876 million while the net income was $177 million. The 2015 total revenue was $35.48 billion, a 27% decrease from the 2014 total revenue. The 2015 gross profit was $7.15 billion, a 36% decrease from the 2014 gross profit. The 2015 net income was $2.07 billion.

Vice President and Treasurer Imran Kizilbash sold 134,091 shares at an average price of $86.35 on Dec. 12. The price of the stock has decreased by 1.24%. Vice President-Director of Tax Mark Danton sold 10,000 shares at an average price of $79.99 on Nov. 18. The price of the stock has increased by 6.61%.

Public Storage CFO sold 50,000 shares

Senior Vice President and CFO John Reyes sold 50,000 shares at an average price of $215.42 on Dec. 14. The price of the stock has increased by 0.4%. Public Storage has a market cap of $37.51 billion, and its shares were traded around $216.29. The company has a P/E ratio of 32.90 and a P/S ratio of 14.78. The trailing 12-month dividend yield is 3.38% and the forward dividend yield is 3.70%. Over the past 10 years, Public Storage had an annual average earnings growth of 6.30%. GuruFocus rated Public Storage the business predictability rank of 3-stars.

Public Storage announced its third-quarter results with revenue of $663.15 million and gross profit of $484.52 million while the net income was $367.31 million. The 2015 total revenue was $3.38 billion, a 9% increase from the 2014 total revenue. The 2015 gross profit was $1.75 billion, a 12% increase from the 2014 gross profit. The 2015 net income was $1.31 billion.

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