Weekly CFO Sells Highlight

recent sells from company CFOs

Author's Avatar
Oct 22, 2017
Article's Main Image

According to GuruFocus Insider Data, the recent CFO sells were: Interactive Brokers Group Inc. (IBKR, Financial) and Square Inc. (SQ, Financial).

Interactive Brokers Group Inc.: CFO Paul Jonathan Brody sold 11,311 shares

CFO Paul Jonathan Brody sold 11,311 shares for $48.63 per share on Oct. 18. The stock price has increased by 1.56%. Interactive Brokers Group Inc. has a market cap of $20.39 billion and its shares were traded around $49.39. The company has a P/E ratio of 43.32 and P/S ratio of 15.60. The trailing 12-month dividend yield and the forward dividend yield of Interactive Brokers Group Inc. stocks are 0.81%. Over the past 5 years, Interactive Brokers Group Inc. had an annual average earnings growth of 2.50%.

Interactive Brokers Group announced its second-quarter results with revenue and gross profit of $387 million, while the net income was $23 million. The 2016 total revenue and gross profit was $1.40 million, a 17% increase from 2015. The 2016 net loss was $84 million.

Chief Information Officer Thomas Aj Frank sold 33,700 shares for $48.63 per share on Oct. 18. The stock price has increased by 1.56%. Vice Chairman Earl H Nemser sold 1,683 shares for $48.65 per share on Oct. 18. The stock price has increased by 1.52%.

Square Inc.: CFO Sarah Friar sold 38,400 shares

CFO Sarah Friar sold 38,400 shares for $32.81 per share on Oct. 13. The stock price has decreased by 0.94%. Square Inc. has a market cap of $12.47 billion and its shares were traded around $32.50. The company has a P/S ratio of 6.23.

Square announced its second-quarter results with revenue of $551.51 million and gross profit of $207.43 million, while the net loss was $15.96 million. The 2016 total revenue was $1.71 billion, a 35% increase from 2015. The 2016 gross profit was $576.04 million, a 56% increase from the year prior. The 2016 net loss was $171.59 million.

Director James Morgan Jr. Mckelvey sold 400,000 shares for $32.72 per share on Oct. 17. The stock price has decreased by 0.67%.

Disclosure: none