Weekly CFO Sells Highlight

Recent sells from company CFOs

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Mar 04, 2019
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According to GuruFocus Insider Data, the recent CFO sells were: Microchip Technology Inc. (MCHP, Financial), Twitter Inc. (TWTR, Financial) and Mettler-Toledo International Inc. (MTD, Financial).

Microchip Technology Inc. (MCHP, Financial): Senior VP and CFO James Eric Bjornholt sold 2,356 shares

Senior VP and CFO James Eric Bjornholt sold 2,356 shares for $89.24 per share on Feb. 22. Since then, the stock price has decreased by 0.67%. Microchip Technology Inc. has a market cap of $21 billion and its shares were traded around $88.64. The company has a P/E ratio of 67.66 and P/S ratio of 4.41. The trailing 12-month dividend yield of Microchip Technology Inc. stocks is 1.64%, while the forward dividend yield is 1.65%. Over the past 10 years, Microchip Technology Inc. had an annual average earnings growth of 8.60%. GuruFocus rated Microchip Technology Inc. the business predictability rank of 4-star.

Microchip Technology announced its fourth-quarter results with revenue of $1.37 billion and gross profit of $779.60 million, while net income was $49.20 million. The 2018 total revenue was $3.98 billion, a 17% increase from 2017. The gross profit was $2.42 billion, a 25% increase from the year prior. The net income was $255.40 million.

Senior VP, Analog/Intrfce BU Richard J. Simoncic sold 4,014 shares for $89.23 per share on Feb. 22. Since then, the stock price has decreased by 0.66%. Director Matthew W. Chapman sold 4,660 shares for $91.04 per share on Feb. 15. Since then, the stock price has decreased by 2.64%.

Twitter Inc. (TWTR, Financial): Director Evan Clark Williams sold 682,242 shares

CFO Ned D. Segal sold 6,000 shares for $30.38 per share on Feb. 12. Since then, the stock price has increased by 0.79%. Twitter Inc. has a market cap of $23.48 billion and its shares were traded around $30.62. The company has a P/E ratio of 19.63 and P/S ratio of 7.78.

Twitter announced its fourth-quarter results with revenue of $908.84 million and gross profit of $640.49 million, while net income was $255.30 million. The 2018 total revenue was $3.04 billion, a 25% increase from 2017. The gross profit was $2.08 billion, a 31% increase from the year prior. The net income was $1.21 billion.

Director Evan Clark Williams sold 682,242 shares for $30.83 per share on Feb. 27. Since then, the stock price has decreased by 0.68%. Engineering Lead Michael Montano sold 1,250 shares for $31.67 per share on Feb. 20. Since then, the stock price has decreased by 3.32%. Chief Accounting Officer Robert Kaiden sold 9,219 shares for $34.15 per share on Feb. 06. Since then, the stock price has decreased by 10.34%.

Mettler-Toledo International Inc. (MTD, Financial): CFO Shawn Vadala sold 670 shares

CFO Shawn Vadala sold 670 shares for $670 per share on Feb. 13. Since then, the stock price has increased by 4.29%. Mettler-Toledo International Inc. has a market cap of $17.33 billion and its shares were traded around $698.76. The company has a P/E ratio of 35.13 and P/S ratio of 6.13. Over the past 10 years, Mettler-Toledo International Inc. had an annual average earnings growth of 13%. GuruFocus rated Mettler-Toledo International Inc. the business predictability rank of 5-star.

Mettler-Toledo announced its fourth-quarter results with revenue of $817.92 million and gross profit of $477.57 million, while the net income was $181.19 million. The 2018 total revenue was $2.94 billion, an 8% increase from 2017. The gross profit was $1.68 billion, a 7% increase from the year prior. The net income was $512.61 million.

President and CEO Oliver A. Filliol sold 34,100 shares for $666.3 per share on Feb. 15. Since then, the stock price has increased by 4.87%. Director Thomas P. Salice sold 1,300 shares for $685.5 per share on Feb. 25. Since then, the stock price has increased by 1.93%. Director Robert F. Spoerry sold 27,112 shares for $679.13 per share on Feb. 25. Since then, the stock price has increased by 2.89%.

Disclosure: none.