According to GuruFocus Insider Data, recent chief financial officer sells were: Activision Blizzard Inc. (ATVI, Financial) and Nvidia Corp. (NVDA, Financial).
Activision Blizzard CFO sold 100,000 shares
CFO Dennis M. Durkin sold 100,000 shares for an average price of $49.01 per share on March 14. The stock price has increased 1.06% since then. Activision Blizzard has a market cap of $37.24 billion and its shares were traded around $49.53. The company has a price-earnings (P/E) ratio of 40.60 and price-sales (P/S) ratio of 5.62. The trailing 12-month dividend yield is 0.60%, while the forward dividend yield is 0.60%. Over the past 10 years, Activision Blizzard had an annual average earnings growth of 22.60%.Â
Activision Blizzard announced its fourth-quarter 2016 results with revenue of $2.01 billion and gross profit of $1.24 billion. Net income was $253 million. Total revenue for fiscal 2016 was $6.61 billion, a 42% increase from the 2015 total revenue. The 2016 gross profit was $4.21 billion, a 37% increase from the 2015 gross profit. The 2016 net income was $966 million.
On March 15, President and CEO of Blizzard Entertainment Michael Morhaime sold 29,624 shares for an average price of $49.18. Since then, the stock price has increased 0.71%. On March 28, Director Brian G. Kelly sold 420,063 shares for an average price of $49.9. The stock price has declined 0.74% since then.
Nvidia CFO sold 53,458 shares
Executive Vice President and CFO Colette Kress sold 53,458 shares for an average price of $105.32 per share on March 17. Since then, the stock price has increased 2.91%. Nvidia has a market cap of $63.84 billion and its shares were traded around $108.38. The company has a P/E ratio of 42.66 and P/S ratio of 9.98. The trailing 12-month dividend yield is 0.47%, while the forward dividend yield is 0.51%. Over the past 10 years, Nvidia had an annual average earnings growth of 15.60%.
The company announced its first-quarter 2017 results with revenue of $2.17 billion and gross profit of $1.3 billion. Net income was $654 million. Fiscal 2016 total revenue was $6.91 billion, a 38% increase from the 2015 total revenue. The 2016 gross profit was $4.06 billion, a 45% increase from the 2015 gross profit. The 2016 net income was $1.67 billion.
President and CEO Jen Hsun Huang sold 41,670 shares for an average price of $98.3 per share on March 9. The stock price has increased 10.25% since then. On March 30, Ajay K. Puri, executive vice president of worldwide field operations, sold 133,542 shares for an average price of $108.53. The stock price has declined 0.14% since then. Director A. Brooke Seawell sold 32,820 shares for an average price of $109 per share on March 20. Since then, the stock price has fallen 0.57%.
Disclosure: None.
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