According to GuruFocus Insider Data, the recent chief financial officer (CFO) sells were: Best Buy Co. Inc. (BBY, Financial) and Facebook Inc. (FB, Financial).
Best Buy CFO sold 3,426 shares
CFO Corie S. Barry sold 3,426 shares for $54.68 per share on Sept. 5. The stock price has increased by 1.79%.
Best Buy has a market cap of $16.97 billion, and its shares were traded around $55.66. The company has a price-earnings (P/E) ratio of 14.76 and a price-sales (P/S) ratio of 0.44.
Best Buy's trailing 12-month dividend yield is 2.22% while the forward dividend yield is 2.46%. Over the past five years, Best Buy had an annual average earnings growth of 6.50%.
Best Buy announced revenue of $8.53 billion and gross profit of $2.02 billion in the second quarter while the net income was $188 million. The 2016 total revenue was $39.4 billion, a 0.3% decrease from 2015. The 2016 gross profit was $9.44 billion, a 3% increase from the year prior. The 2016 net income was $1.23 billion.
On Sept. 5 Chairman and CEO Hubert Joly sold 106,942 shares, Vice President of Finance, Controller and Chief Accounting Officer Mathew Watson sold 1,129 shares, and General Counsel and Secretary Keith J. Nelsen sold 10,593 shares, each for $54.68 per share. The stock price has increased by 1.79%.
Facebook CFO sold 15,470 shares
CFO David M. Wehner sold 15,470 shares for $167.16 per share on Aug. 21. The stock price has increased by 2.95%.
Facebook has a market cap of $499.78 billion, and its shares were traded around $172.09. The company has a P/E ratio of 37.24 and a P/S ratio of 15.32. Over the past five years, Facebook had an annual average earnings growth of 40.60%.
Facebook reported revenue of $9.32 billion and gross profit of $8.09 billion in the second quarter while the net income was $3.89 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, CEO and 10% owner Mark Zuckerberg sold 254,525 shares for $166.97 per share on Aug. 28. The stock price has increased by 3.07%.
Director Jan Koum sold 640,754 shares for $171.2 per share on Aug. 31. The stock price has increased by 0.52%.
Vice President and General Counsel Colin Stretch sold 750 shares for $166.85 per share on Aug. 29. The stock price has increased by 3.14%.
Disclosure: None.
