Weekly CFO Sells Highlight

Recent sells from company CFOs

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Jan 08, 2018
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According to GuruFocus Insider Data, the recent CFO sells were: Allison Transmission Holdings Inc. (ALSN, Financial) and Carnival Corp. (CCL, Financial).

Allison Transmission Holdings Inc.: President and CFO David S. Graziosi sold 58,800 shares

President and CFO David S. Graziosi sold 58,800 shares for $42.51 per share on Dec. 19. Since then, the stock price has increased by 3.88%. Allison Transmission Holdings Inc. has a market cap of $6.26 billion and its shares were traded around $44.16. The company has a P/E ratio of 19.54 and P/S ratio of 3.18. The trailing 12-month dividend yield and the forward dividend yield of Allison Transmission Holdings Inc. stocks are 1.37%. Over the past five years, Allison Transmission Holdings Inc. had an annual average earnings growth of 1.40%.

Allison Transmission Holdings announced its third-quarter results with revenue of $595 million and gross profit of $302 million, while the net income was $111 million. The 2016 total revenue was $1.84 billion, a 7% decrease from 2015. The 2016 gross profit was $864.2 million, a 7% decrease from the year prior. The 2016 net income was $214.9 million.

Director James A. Star sold 438,018 shares for $43.41 per share on Dec. 29. Since then, the stock price has increased by 1.73%. Director James A. Star sold 548,102 shares for $43.04 per share on Dec. 22. Since then, the stock price has increased by 2.6%. SVP Operations and Purchasing Michael Dick sold 19,600 shares for $42.47 per share on Dec. 19. Since then, the stock price has increased by 3.98%.

Carnival Corp: CFO and CAO David Bernstein sold 124,908 shares

CFO and CAO David Bernstein sold 11,000 shares for $66.5 per share on Jan. 04. Since then, the stock price has decreased by 0.3%. Carnival Corp. has a market cap of $47.6 billion and its shares were traded around $66.30. The company has a P/E ratio of 18.48 and P/S ratio of 2.81. The trailing 12-month dividend yield of Carnival Corp. stocks is 2.41%, while the forward dividend yield is 2.71%. Over the past 10 years, Carnival Corp. had an annual average earnings growth of 0.80%.

Carnival Corp. announced its third-quarter results with revenue of $5.52 billion and gross profit of $2.50 billion, while the net income was $1.33 billion. The 2016 total revenue was $16.39 billion, a 4% increase from 2015. The 2016 gross profit was $7.01 billion, a 12% increase from the year prior. The 2016 net income was $2.78 billion.

President and CEO Arnold W. Donald sold 5,000 shares for $66.9 per share on Jan. 02. Since then, the stock price has decreased by 0.9%. Director Vincent Joseph Galifi, bought 1,000 shares for $58 per share on Dec. 21. Since then, the stock price has increased by 14.31%. General Counsel and Secretary Arnaldo Perez sold 15,166 shares for $66.59 per share on Dec. 27. Since then, the stock price has decreased by 0.44%.

Disclosure: None.