According to GuruFocus insider data, the recent chief financial officer sells included Microsoft Corp. (MSFT, Financial) and SBA Communications Corp. (SBAC, Financial).
Microsoft CFO sold 123,769 shares
Executive Vice President and CFO Amy Hood sold 123,769 shares for $137.26 per share on Sept. 4. Since then, the share price has decreased by 1.22%. Microsoft has a market cap of $1.04 trillion and its shares were traded around $135.59. The company has a price-earnings ratio of 26.74 and a price-sales ratio of 8.35. The trailing 12-month dividend yield is 1.37%, while the forward dividend yield is 1.34%. Over the past 10 years, Microsoft Corp had an annual average earnings growth of 9.40%. GuruFocus rated Microsoft's business predictability four out of five stars.
Microsoft announced its second-quarter results with revenue of $33.72 billion and gross profit of $23.31 billion, while the net income was $13.19 billion. The 2019 total revenue was $125.84 billion, a 12% increase from 2018. The gross profit was $82.93 billion, a 193% decrease from the year prior. The net income was $39.24 billion.
CEO Satya Nadella sold 99,837 shares for $137.2 per share on Sept. 4. Since then, the stock has declined 1.17%. Executive Vice President and Chief Marketing Officer Christopher C. Capossela sold 18,500 shares for $139.93 per share on Sept. 6. Since then, the stock has retreated 3.1%. Executive Vice President Jean Philippe Courtois sold 11,779 shares for $140 per share on Sept. 5. Since then, the stock has declined 3.15%.
SBA Communications CFO sold 54,411 shares
Executive Vice President and Chief Financial Officer Brendan Thomas Cavanagh sold 54,411 shares for $268.07 per share on Sept. 4. Since then, the share price has decreased by 10.12%. SBA Communications has a market cap of $27.25 billion and its shares were traded around $240.94. The company has a price-earning ratio of 209.52 and a price-sales ratio of 14.41. The trailing 12-month dividend yield is 0.16%, while the forward dividend yield is 0.59%. Over the past decade, the company had an annual average earnings growth of 16.50%. GuruFocus rated SBA Communications'Â business predictability 3.5 stars.
SBA Communications announced its second-quarter results with revenue of $500.15 million and gross profit of $373.16 million, while the net income was $31.97 million. The 2018 total revenue was $1.87 billion, an 8% increase from 2017. The gross profit was $1.39 billion, a 9% increase from the year prior. The net income was $47.45 million.
Director Jack Langer sold 5,301 shares for $261.91 per share on Aug. 20. Since then, the stock has tumbled 8.01%. Senior Vice President and Chief Accounting Officer Brian D. Lazarus sold 20,676 shares for $261 per share on Aug. 19. Since then, the stock has declined 7.69%. Director George R. Krouse Jr. sold 620 shares for $258.26 per share on Aug. 14. Since then, the stock has fallen 6.71%.
Disclosure: None.
Not a Premium Member of GuruFocus? Sign up for a free 7-day trial here.
