Weekly CFO Sells Highlight

Insiders sell shares of IHS Markit, Honeywell, Facebook

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May 24, 2017
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According to GuruFocus Insider Data, the recent chief financial officer sells were IHS Markit Ltd. (INFO, Financial), Honeywell International Inc. (HON, Financial) and Facebook Inc. (FB, Financial).

IHS Markit CFO sold 14,000 shares

Executive Vice President and CFO Todd S. Hyatt sold 14,000 shares of IHS Markit Ltd. (INFO, Financial) for an average price of $43.31 on May 1. The stock price has increased 3.16% since then. IHS Markit has a market cap of $18.18 billion, and its shares were traded around $44.68. The company has a price-earnings (P/E) ratio of 84.30 and a price-sales (P/S) ratio of 5.20. Over the past 10 years, IHS Markit had an annual average earnings growth of 16.50%.Â

IHS Markit announced its first-quarter results with revenue of $844.2 million and gross profit of $517.2 million, while the net income was $66 million. The 2016 total revenue was $2.73 billion, a 146% increase from 2015 total revenue. The 2016 gross profit was $1.70 billion, a 52% increase from 2015 gross profit. The 2016 net income was $152.8 million.

On May 17, Director William E. Ford sold 1,300,000 shares for an average price of $43.50 per share. Since then, the stock price has increased 2.71%. On May 8, Executive Vice President Adam Jason Kansler sold 1,406 shares for an average price of $44. The stock price has increased by 1.55% since then.

Honeywell CFO sold 36,080 shares

Senior Vice President and CFO Thomas A. Szlosek sold 36,080 shares of Honeywell International Inc. (HON, Financial) for an average price of $131.16 on May 8. The stock price has increased 0.53% since then. Honeywell has a market cap of $100.51 billion, and its shares were traded around $131.85. The company has a price-earnings (P/E) ratio of 20.90 and a price-sales (P/S) ratio of 2.60. The trailing 12-month dividend yield is 1.96% while the forward dividend yield is 2.02%. Over the past 10 years, Honeywell had an annual average earnings growth of 7.40%.

Honeywell announced its first-quarter results with revenue of $9.50 billion and gross profit of $3.14 billion, while the net income was $1.33 billion. The 2016 total revenue was $39.3 billion, a 2% increase from 2015. The 2016 gross profit was $12.15 billion, a 3% increase from 2015. The 2016 net income was $4.81 billion.

Senior Vice President and General Counsel Katherine L. Adams sold 116,021 shares for an average price of $131.70 per share on May 22. Since then, the stock price has increased 0.11%. On May 19, Director Bradley T. Sheares sold 3,430 shares for an average price of $131.71. The stock price has increased 0.11% since then. On May 5, Director D. Scott Davis sold 6,535 shares for an average price of $130.97 per share. The stock price since then has increased 0.67%.

Facebook CFO sold 15,470 shares

CFO David M. Wehner sold 15,470 shares of Facebook Inc. (FB, Financial) for an average price of $148.47 per share on May 19. Since then, the stock price has decreased 0.27%. Facebook has a market cap of $429.13 billion, and its shares were traded around $148.07. The company has a P/E ratio of 36.93 and P/S ratio of 14.39. Over the past five years, Facebook had an annual average earnings growth of 40.60%.

Facebook announced its fourth-quarter results with 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 2015. The 2016 gross profit was $23.85 billion, a 58% increase from 2015. The 2016 net income was $10.19 billion.

Founder and CEO Mark Zuckerberg sold 286,387 shares for an average price of $148.4 per share on May 17. Since then, the stock price has declined 0.22%. On May 22, Chief Product Officer Christopher K. Cox sold 16,000 shares for an average price of $148.03. The stock price since then has increased 0.03%. On May 18, Director Susan Desmond-Hellmann sold 209 shares for an average price of $144.67. Since then, the stock price has increased 2.35%.

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