According to GuruFocus Insider Data, the recent CFO sells were: Intuit Inc. (INTU, Financial) and Zscaler Inc. (ZS, Financial).
Intuit Inc.: Chairman of Executive Committee Scott D. Cook sold 133,334 shares
Executive Vice President and CFO Michelle M. Clatterbuck sold 10,628 shares for $256.27 per share on May 28. Since then, the stock price has increased by 0.18%. Intuit Inc. has a market cap of $66.56 billion and its shares were traded around $256.73. The company has a price-earnings ratio of 41.08 and price-sales ratio of 10.28. The trailing 12-month dividend yield of Intuit Inc. is 0.70%, while the forward dividend yield is 0.72%. Over the past 10 years, Intuit Inc. had an annual average earnings growth of 7.90%. GuruFocus rated Intuit Inc. the business predictability rank of 4-star.
The company announced second-quarter revenue of $3.27 billion and gross profit of $2.92 billion, while the net income was $1.38 billion. The 2018 total revenue was $5.96 billion, a 15% increase from 2017. The gross profit was $5.0 billion, a 14% increase from the year prior. The net income was $1.21 billion.
Chairman of Executive Committee Scott D. Cook sold 133,334 shares for $259.27 per share on June 10. Since then, the stock price has decreased by 0.98%.
Zscaler Inc.: CFO Remo Canessa sold 110,000 shares
CFO Remo Canessa sold 110,000 shares for $78.19 per share on June 10. Since then, the stock price has decreased by 3.02%. Zscaler Inc. has a market cap of $9.53 billion and its shares were traded around $75.83. The company has a price-sales ratio of 33.97.
The company announced its second-quarter results, with revenue of $79.13 million and gross profit of $64.17 million, while the net loss was $12.24 million. The 2018 total revenue was $190.17 million, a 51% increase from 2017. The gross profit was $152.30 million, a 55% increase from the year prior. The net loss was $39.98 million.
Director Andrew William Fraser Brown sold 10,200 shares for $75 per share on June 7. Since then, the stock price has increased by 1.11%. Chief Technology Officer and Executive Vice President of Engineering and Cloud Operations Amit Sinha sold 24,807 shares for $72.52 per share on June 6. Since then, the stock price has increased by 4.56%. Director Andrew William Fraser Brown sold 3,400 shares for $68.63 per share on June 4. Since then, the stock price has increased by 10.49%.
Disclosure: None.
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