Weekly CFO Sells Highlight

Recent sells from company CFOs

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Aug 12, 2019
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According to GuruFocus Insider Data, the recent CFO sells were: Colgate-Palmolive Co (CL, Financial), Texas Instruments Inc. (TXN, Financial) and Beyond Meat Inc. (BYND, Financial).

Colgate-Palmolive Co (CL, Financial): CFO Henning I. Jakobsen sold 33,854 shares

CFO Henning I. Jakobsen sold 33,854 shares for $73.45 per share on July 31. Since then, the stock price has decreased by 2.63%. Colgate-Palmolive Co. has a market cap of $61.36 billion and its shares were traded around $71.52. The company has a price-earnings ratio of 27.19 and price-sales ratio of 4.02. The trailing 12-month dividend yield of Colgate-Palmolive Co. is 2.38%, while the forward dividend yield is 2.40%. Over the past 10 years, Colgate-Palmolive Co. had an annual average earnings growth of 2.90%.

Colgate-Palmolive Co. announced its second-quarter results with revenue of $3.87 billion and gross profit of $2.31 billion, while the net income was $586 million. The 2018 total revenue was $15.54 billion, a 0.6% increase from 2017. The 2018 gross profit was $9.26 billion, a 1% decrease from the year prior. The 2018 net income was $2.40 billion.

Group President, Global Innovation and AF/Eus Prabha Parameswaran sold 5,000 shares for $69.35 per share on Aug. 6. Since then, the stock price has increased by 3.13%. Executive Chairman Ian M. Cook sold 539,701 shares for $71.63 per share on Aug. 2. Since then, the stock price has decreased by 0.15%.

Texas Instruments Inc. (TXN, Financial): Senior Vice President and CFO Rafael R. Lizardi sold 76,523 shares

Senior Vice President and CFO Rafael R. Lizardi sold 76,523 shares for $128.02 per share on July 25. Since then, the stock price has decreased by 5.79%. Texas Instruments Inc. has a market cap of $112.6 billion and its shares were traded around $120.61. The company has a price-earnings ratio of 22.05 and price-sales ratio of 7.66. The trailing 12-month dividend yield of Texas Instruments Inc. is 2.55%, while the forward dividend yield is 2.55%. Over the past 10 years, Texas Instruments Inc. had an annual average earnings growth of 10.80%. GuruFocus rated Texas Instruments Inc. the business predictability rank of 3-star.

Texas Instruments announced its second-quarter results with revenue of $3.67 billion and gross profit of $2.36 billion, while the net income was $1.31 billion. The 2018 total revenue was $15.78 billion, a 6% increase from 2017. The 2018 gross profit was $10.28 billion, a 7% increase from the year prior. The 2018 net income was $5.58 billion.

Senior Vice President R. Gregory Delagi sold 198,610 shares for $125.19 per share on Aug. 2. Since then, the stock price has decreased by 3.66%. Senior Vice President, Secretary and General Counsel Cynthia Hoff Trochu sold 6,185 shares for $128.22 per share on July 31. Since then, the stock price has decreased by 5.94%. Senior Vice President Ellen Barker sold 17,500 shares for $128.15 per share on July 26. Since then, the stock price has decreased by 5.88%.

Beyond Meat Inc. (BYND, Financial): CFO and Treasurer Mark Joseph Nelson sold 64,452 shares

CFO and Treasurer Mark Joseph Nelson sold 64,452 shares for $160 per share on Aug. 5. Since then, the stock price has increased by 2.73%. Beyond Meat Inc. has a market cap of $9.89 billion and its shares were traded around $164.37. The company has a price-sales ratio of 48.59.

Beyond Meat announced its second-quarter results with revenue of $67.25 million and gross profit of $22.74 million, while the net loss was $9.44 million. The 2018 total revenue was $87.93 million, a 170% increase from 2017. The 2018 gross profit was $17.57 million, a 696% increase from the year prior. The 2018 net loss was $29.89 million.

Ten-Percent Owner Perkins Caufield and Bye Kleiner sold 723,862 shares for $154 per share on Aug. 5. Since then, the stock price has increased by 6.73%. Chief Growth Officer Charles Muth sold 24,574 shares for $160 per share on Aug. 5. Since then, the stock price has increased by 2.73%. Senior Vice President Operations Hart Stephanie Pullings sold 4,534 shares for $160 per share on Aug. 5. Since then, the stock price has increased by 2.73%.

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