Weekly CFO Sells Highlights

Insiders reduce positions in Intuit, Williams Companies

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Sep 29, 2017
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According to GuruFocus Insider Data, recent chief financial officer sells were Intuit Inc. (INTU, Financial) andWilliams Companies Inc. (WMB, Financial).

Intuit CFO sold 237,078 shares

Executive Vice President and CFO R. Neil Williams sold 184,585 shares for $141.11 per share on Sept. 12. The stock price has increased 0.85% since then. Intuit has a market cap of $36.29 billion, and its shares were trading around $142.31. The company has a price-earnings (P/E) ratio of 38.26 and a price-sales (P/S) ratio of 7.13. The trailing 12-month dividend yield is 0.95%, while the forward dividend yield is 1.08%. Over the past 10 years, Intuit had an annual average earnings growth of 8.30%. GuruFocus rated Intuit the business predictability rank of 3.5 stars.

Intuit announced its fourth-quarter and full year results with revenue of $842 million and gross profit of $662 million, while the net income was $24 million. The total revenue for 2017 was $5.18 billion, a 10% increase from 2016. The 2017 gross profit was $4.38 billion, a 10% increase from the year before. Net income was $971 million in 2017.

Executive Vice President and Chief Technology Officer Henry Tayloe Stansbury sold 28,048 shares for $146.19 per share on Sept. 22. Since then, the stock price has declined 2.65%. Chair of Executive Committee Scott D. Cook sold 183,333 shares for $145.19 per share on Sept. 20. The stock price has decreased 1.98% since then. Executive Vice President of Small Business Group Sasan K Goodarzi sold 16,207 shares for $141.41 per share on Sept. 12. The stock price has increased 0.64% since then.

Williams Companies CFO sold 272,088 shares

Senior Vice President and CFO Donald R. Chappel sold 272,088 shares for $30.32 per share on Sept. 26. The stock price has declined 1.06% since then. Williams Companies has a market cap of $24.8 billion, and its shares were trading around $30. The company has a P/E ratio of 49.18 and P/S ratio of 2.94. The trailing 12-month dividend yield is 3.68%, while the forward dividend yield is 4.00%.

Williams Companies announced its second-quarter results with revenue of $1.92 billion and gross profit of $998 million, while the net income was $81 million. The 2016 total revenue was $7.50 billion, a 2% increase from 2015. The 2016 gross profit was $4.19 billion, a 7% increase from the prior year. The net loss in 2016 was $424 million.

Senior Vice President Robyn L. Ewing sold 9,913 shares for $29.99 per share on Sept. 27. Since then, the stock price has increased 0.03%.

Disclosure: None.