Weekly CFO Sells Highlights

Insiders trade shares of Facebook, Lam Research

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Mar 23, 2017
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According to GuruFocus Insider Data, recent chief financial officer (CFO) sells were: Facebook Inc. (FB, Financial) and Lam Research Corp. (LRCX, Financial).

Facebook CFO sold 2,015 shares

Facebook CFO David M. Wehner sold 2,015 shares for $136.66 per share on March 1. The stock price has increased by 2.36%.

Facebook has a market cap of $404.28 billion, and its shares were traded around $139.89. The company has a price-earnings (P/E) ratio of 40.07 and price-sales (P/S) ratio of 14.73. Over the past five years, Facebook had an annual average earnings growth of 40.60%.

Facebook reported fourth-quarter revenue of $8.81 billion and gross profit of $7.76 billion while the net income was $4.26 billion. The 2016 total revenue was $27.64 billion, a 54% increase from the 2015 total revenue. The 2016 gross profit was $23.85 billion, a 58% increase from the 2015 gross profit. The 2016 net income was $10.19 billion.

Chairman of the Board, CEO and 10% owner Mark Zuckerberg sold 375,332 shares for $139.87 per share on March 20. The stock price has increased by 0.01%.

Vice President and General Counsel Colin Stretch sold 750 shares for $141.39 per share on March 21. The stock price has decreased by 1.06%.

Chief Product Officer Christopher K. Cox sold 16,000 shares for $141.7 per share on March 21. The stock price has decreased by 1.28%.

Lam Research CFO sold 1,903 shares

Executive Vice President and CFO Douglas R. Bettinger sold 1,903 shares for $118.94 per share on March 2. The stock price has increased by 5.94%.

Lam Research has a market cap of $20.52 billion, and its shares were traded around $126.00. The company has a P/E ratio of 22.66 and P/S ratio of 3.53.

Lam Research's trailing 12-month dividend yield is 1.20% while the forward dividend yield is 1.44%. Over the past five years, Lam Research had an annual average earnings growth of 11.80%.

Lam Research reported fourth-quarter revenues of $1.88 billion and gross profit of $846.8 million while the net income was $332.79 million. The 2016 total revenue was $5.89 billion, a 12% increase from the 2015 total revenue. The 2016 gross profit was $2.62 billion, a 15% increase from the 2015 gross profit. The 2016 net income was $914.05 million.

President and CEO Martin B. Anstice sold 48,000 shares for $120.79 per share on March 13. The stock price has increased by 4.31%.

Executive Vice President Richard A. Gottscho sold 80,009 shares for $124.5 per share on March 16. The stock price has increased by 1.2%.

Senior Vice President and Chief Legal Officer Sarah A. O'Dowd sold 6,459 shares for $117.66 per share on March 7. The stock price has increased by 7.09%.

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