Weekly CFO Sells Highlight

Recent sells from company CFOs

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Dec 21, 2017
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According to GuruFocus Insider Data, the recent CFO sells were: Nutanix Inc. (NTNX, Financial) and Tyler Technologies Inc. (TYL, Financial).

Nutanix Inc.: Chief Financical Officer Duston Williams sold 300,000 shares

Chief Financial Officer Duston Williams sold 300,000 shares for $35.36 per share on Dec. 15. Since then, the stock price has decreased by 0.06%. Nutanix Inc. has a market cap of $5.65 billion and its shares were traded around $35.34. The company has a P/S ratio of 6.06.

Nutanix announced its 2017 fourth-quarter results with revenues of $275.55 million and gross profit of $166.93 million; the net loss was $61.49 million. The 2017 total revenue was $766.87 million, a 72% increase from the 2016 total revenue. The 2017 gross profit was $439.54 million, a 60% increase from the 2016 gross profit. The 2017 net loss was $458.01 million.

CEO and Chairman Dheeraj Pandey sold 71,400 shares for $35.33 per share on Dec. 08. Since then, the stock price has increased by 0.03%. Executive Vice President of Operations David Sangster sold 5,892 shares for $36.32 per share on Dec. 19. Since then, the stock price has decreased by 2.7%. Chief Product/Development Officer Sunil Potti sold 15,000 shares for $35.7 per share on Dec. 15. Since then, the stock price has decreased by 1.01%.

Tyler Technologies Inc.: Executive Vice President and CFO Brian K. Miller sold 12,000 shares

Executive Vice President and CFO Brian K. Miller sold 12,000 shares for $179.75 per share on Dec. 15. Since then, the stock price has decreased by 0.36%. Tyler Technologies Inc. has a market cap of $6.73 billion and its shares were traded around $179.11. The company has a P/E ratio of 52.53 and P/S ratio of 8.57. Over the past 10 years, Tyler Technologies Inc. had an annual average earnings growth of 18.80%. GuruFocus rated Tyler Technologies Inc. the business predictability rank of 5-star.

Tyler Technologies announced its 2017 third-quarter results with revenues of $214.15 million and gross profit of $103.43 million; the net income was $38.26 million. The 2016 total revenue was $756.04 million, a 28% increase from the 2015 total revenue. The 2016 gross profit was $355.35 million, a 28% increase from the 2015 gross profit. The 2016 net income was $109.86 million.

CEO and Chairman of the Board John S. Marr Jr. sold 17,527 shares for $183.34 per share on Dec. 07. Since then, the stock price has decreased by 2.31%. Director Larry D Leinweber sold 64,612 shares for $180.85 per share on Dec. 15. Since then, the stock price has decreased by 0.96%. President H. Lynn Moore Jr. sold 6,000 shares for $179.57 per share on Dec. 15. Since then, the stock price has decreased by 0.26%.

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