Weekly CFO Sells Highlight

Insiders sell Vertex, Salesforce, Amphenol

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Jun 08, 2017
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According to GuruFocus Insider Data, the recent chief financial officer sells were Vertex Pharmaceuticals Inc. (VRTX, Financial), Salesforce.com Inc. (CRM, Financial) and Amphenol Corp. (APH, Financial).

Vertex Pharmaceuticals CFO sold 98,553 shares

Executive Vice President, CFO and Chief Operating Offier Ian F. Smith sold 98,553 shares for an average price of $124 per share on June 1. Since then, the stock price has increased 0.8%. Vertex Pharmaceuticals has a market cap of $31.13 billion and its shares were traded around $124.99. The company has a price-earnings (P/E) ratio of 178.56 and a price-sales (P/S) ratio of 15.24.

Vertex announced its first-quarter results with revenue of $714.72 million and gross profit of $667.73 million, while the net income was $247.76 million. The 2016 total revenue was $1.7 billion, a 65% increase from 2015. The 2016 gross profit was $1.49 billion, a 64% increase from the year prior. The 2016 net loss was $112.05 million.

CEO and President Jeffrey M. Leiden sold 147,101 shares for an average price of $129.5 per share on June 2. The stock price has decreased 3.48% since then. On June 05, Executive Vice President of Global Research and Chief Security Officer David Altshuler sold 7,500 shares for an average price of $130. The stock price has fallen 3.85% since then. On June 2, Director Yuchun Lee sold 1,323 shares for an average price of $128.44 per. The stock price since then has declined 2.69%.

Salesforce CFO sold 8,625 shares

CFO Mark J. Hawkins sold 8,625 shares for an average price of $90.71 per share on May 31. Since then, the stock price has increased 0.75%. Salesforce has a market cap of $65.09 billion and its shares were traded around $91.39. The company has a P/E ratio of 481 and P/S ratio of 7.23. Over the past 10 years, the company had an annual average earnings growth of 17%.Â

Salesforce announced its second-quarter results with revenue of $2.39 billion and gross profit of $1.74 billion, while the net loss was $9.21 million. The 2016 total revenue was $8.39 billion, a 26% increase from 2015. The 2016 gross profit was $6.16 billion, a 23% increase from a year ago. The 2016 net income was $179.63 million.

Chairman and CEO Marc Benioff sold 20,000 shares for an average price of $91.39 per share on June 7. The stock price has not changed since then. On June 5, Director Susan Wojcicki bought 1,100 shares for an average price of $90.89. Since then, the stock price has increased 0.55%. On June 6, co-founder Parker Harris sold 8,027 shares for an average price of $91.54. The stock price has fallen 0.16% since then.

Amphenol CFO sold 15,000 shares

Senior Vice President and CFO Craig A. Lampo sold 15,000 shares for an average price of $72.86 per share on May 17. Since then, the stock price has increased 4.2%. Amphenol has a market cap of $23.2 billion and its shares were traded around $75.92. The company has a P/E ratio of 26.92 and P/S ratio of 3.75. The trailing 12-month dividend yield is 0.79%, and the forward dividend yield is 0.85%. Over the past 10 years, Amphenol had an annual average earnings growth of 12.7%.

Amphenol announced its first-quarter results with revenue of $1.56 billion and gross profit of $515.9 million, while the net income was $224.9 million. The 2016 total revenue was $6.29 billion, a 13% increase from 2015. The 2016 gross profit was $2.04 billion, a 15% increase from the previous year. The 2016 net income was $822.9 million.

On May 15, President and CEO Richard Adam Norwitt sold 200,000 shares for an average price of $73.1. The stock price since then has increased 3.86%. On May 9, Director and Senior Officer Cole Caciavillani bought 100,000 shares for an average price of $73.1. The stock price has increased by 3.86% since then. On June 2, Vice President and Group General Manager Martin Booker sold 46,000 shares for an average price of $75.42. The stock price has increased 0.66% since then.

Disclosure: None.