Weekly CFO Sells Highlight

Insiders shed shares of Intuitive Surgical, CoStar, Westinghouse

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Aug 01, 2018
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According to GuruFocus insider data, the recent chief financial officer sells were Intuitive Surgical Inc. (ISRG, Financial), CoStar Group Inc. (CSGP, Financial) and Westinghouse Air Brake Technologies Corp. (WAB, Financial).

Intuitive Surgical CFO sold 8,250 shares

Executive Vice President and CFO Marshall Mohr sold 8,250 shares for $508.5 per share on July 30. Since then, the stock price has increased by 1.44%.

Intuitive Surgical has a market cap of $58.67 billion and its shares were traded around $515.82. The company has a price-earnings ratio of 76.08 and a price-sales ratio of 17.59. Over the past decade, the company had an annual average earnings growth of 15.20%. GuruFocus ranked Intuitive Surgical's business predictability 2 out of 5 stars.

Intuitive Surgical posted first-quarter revenue of $847.5 million and gross profit of $593.8 million, while the net income was $287.6 million. The total revenue in 2017 was $3.13 billion, a 16% increase from 2016. The gross profit was $2.2 billion, a 16% increase from the year prior. The net income was $660 million.

Executive Vice President and Chief Commercial Officer David J. Rosa sold 20,000 shares for $524.41 per share on July 24. Since then, the stock price has declined 1.64%. Vice President and Principal Accounting Officer Jamie Samath sold 862 shares for $523.4 per share on July 24. The stock price has fallen 1.45% since then. Director Amal M. Johnson sold 3,000 shares for $522.02 per share on July 24. Since then, the stock price has slipped 1.19%.

CoStar CFO sold 4,700 shares

CFO Scott T. Wheeler sold 4,700 shares for $426.02 per share on July 27. Since then, the stock price has fallen 1.21%.

CoStar has a market cap of $15.32 billion and its shares were traded around $420.88. The company has a price-earnings ratio of 85.19 and a price-sales ratio of 13.94. Over the last 10 years, the company had an annual average earnings growth of 13.30%.

CoStar Group recorded first-quarter revenue of $273.72 million and gross profit of $211.24 million, while the net income was $52.23 million. The 2017 total revenue was $965.23 million, a 16% increase from 2016. The gross profit was $744.83 million, a 16% increase from the year prior. The net income was $122.70 million.

Executive Vice President of Sales Matthew Linnington sold 4,384 shares for $411.93 per share on July 30. Since then, the stock price has increased 2.17%. Executive Vice President of Corp. Dev. Francis Carchedi sold 32,671 shares for $421.87 per share on July 27. Since then, the stock price has declined 0.23%.

Westinghouse CFO sold 21,280 shares

Executive Vice President and CFO Patrick D. Dugan sold 21,280 shares for $109.54 per share on July 26. Since then, the stock price has risen 0.68%.

Westinghouse Air Brake has a market cap of $10.62 billion and its shares were traded around $110.28. The company has a price-earnings ratio of 36.90 and a price-sales ratio of 2.55. The trailing 12-month dividend yield is 0.44%, while the forward dividend yield is 0.44%. Over the past decade, the company had an annual average earnings growth of 13.30%. GuruFocus ranked Westinghouse's business predictability 3.5 stars.

Westinghouse Air Brake Technologies posted first-quarter revenue of $1.06 billion and gross profit of $310.88 million, while the net income was $88.37 million. Total revenue in 2017 was $3.88 billion, a 32% increase from 2016. The gross profit was $1.08 billion, a 17% increase from the year prior. The net income was $262.26 million.

Director Brian Hehir sold 8,000 shares for $107.64 per share on July 27. Since then, the stock price has increased 2.45%. Executive Vice President and General Counsel David L. Deninno sold 18,690 shares for $109.11 per share on July 26. Since then, the stock price has risen 1.07%. Director Albert J. Neupaver sold 104,000 shares for $109.19 per share on July 26. Since then, the stock price has climbed 1%.

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