Weekly CFO Sells Highlight

Recent sells from company CFOs

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Dec 26, 2018
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Accoding to GuruFocus Insider Data, the recent CFO sells were: AutoZone Inc. (AZO, Financial) and D.R. Horton Inc. (DHI, Financial).

AutoZone Inc.: Executive Vice President and CFO William T. Giles sold 13,500 shares

Executive Vice President and CFO William T. Giles sold 13,500 shares for $870.11 per share on Dec. 6. Since then, the stock price has decreased by 4.21%. AutoZone Inc. has a market cap of $21.01 billion and its shares were traded around $833.52. The company has a price-earnigns ratio of 15.95 and price-sales ratio of 1.99. Over the past 10 years, AutoZone Inc. had an annual average earnings growth of 15.50%. GuruFocus rated AutoZone Inc. the business predictability rank of 3.5-star.

AutoZone announced its third-quarter results with revenue of $3.56 billion and gross profit of $1.91 billion, while the net income was $400.28 million. The 2018 total revenue was $11.22 billion, a 3% increase from 2017. The 2018 gross profit was $5.97 billion, a 4% increase from the year prior. The 2018 net income was $1.34 million.

Senior Vice President and CIO Ronald B. Griffin sold 21,000 shares for $844.93 per share on Dec. 17. Since then, the stock price has decreased by 1.35%. Senior Vice President, Secretary and General Counsel Kristen C. Wright sold 1,500 shares for $885 per share on Dec. 14. Since then, the stock price has decreased by 5.82%. Director William Andrew McKenna sold 3,000 shares for $883.4 per share on Dec. 13. Since then, the stock price has decreased by 5.65%.

D.R. Horton Inc.: EVP and CFO Bill W. Wheat sold 12,892 shares

EVP and CFO Bill W. Wheat sold 12,892 shares for $37.71 per share on Dec. 3. Since then, the stock price has decreased by 12.49%. D.R. Horton Inc. has a market cap of $12.33 billion and its shares were traded around $33.00. The company has a price-earnings ratio of 8.69 and price-sales ratio of 0.79. The trailing 12-month dividend yield of D.R. Horton Inc. stocks is 1.59%, while the forward dividend yield is 1.78%. Over the past five years, D.R. Horton Inc. had an annual average earnings growth of 23.90%.

D.R. Horton Inc. announced its third-quarter results with revenue of $4.51 billion and gross profit of $977.70 million, while the net income was $466.10 million. The 2018 total revenue was $16.07 billion, a 14% increase from 2017. The 2018 gross profit was $3.46 billion, a 21% increase from the year prior. The 2018 net income was $1.46 billion.

Chairman Donald R. Horton sold 163,000 shares for $36.08 per share on Dec. 18. Since then, the stock price has decreased by 8.54%. Execcutive Vice President and COO Michael J. Murray sold 31,000 shares for $37.13 per share on Dec. 7. Since then, the stock price has decreased by 11.12%.

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