Weekly CFO Sells Highlight

GuruFocus.com
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- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO sells were: Sarepta Therapeutics Inc. (SRPT), PayPal Holdings Inc. (PYPL) and Costco Wholesale Corp (COST).

Sarepta Therapeutics Inc.: EVP, CFO and CBO Sandesh Mahatme sold 107,524 shares

Executive Vice President, Chief Finanial Officer and Chief Business Officer Sandesh Mahatme sold 107,524 shares for $127.74 per share on Oct. 24. Since then, the stock price has increased by 11.16%. Sarepta Therapeutics Inc. has a market cap of $9.49 billion and its shares were traded around $141.99. The company has a price-sales ratio of 37.68. Over the past five years, Sarepta Therapeutics Inc. had an annual average earnings growth of 2.70%.


Sarepta Therapeutics announced its second-quarter results with revenue of $73.53 million and gross loss of $56.05 million, while the net loss was $109.27 million. The 2017 total revenue was $154.58 million, a 2,752% increase from 2016. The 2017 gross loss was $18.69 million, a 90% increase from the year prior. The 2017 net loss was $50.69 million.

President and CEO Douglas S. Ingram bought 16,695 shares for $120.39 per share on Oct. 30. Since then, the stock price has increased by 17.94%.

PayPal Holdings Inc.: Chief Financial Officer and Executive Vice President, Global Customer Ooperations John D. Rainey sold 7,282 shares

Chief Financial Officer and Executive Vice President, Global Customer Operations John D. Rainey sold 7,282 shares for $83.68 per share on Oct. 26. Since then, the stock price has increased by 1.63%. Paypal Holdings Inc. has a market cap of $99.21 billion and its shares were traded around $85.04. The company has a price-earnings ratio of 50.61 and price-sales ratio of 6.84. Over the past five years, Paypal Holdings Inc. had an annual average earnings growth of 18.00%.

Paypal Holdings announced its third-quarter results with revenue of $3.68 billion and gross profit of $1.66 billion, while the net income was $436 million. The 2017 total revenue was $13.09 billion, a 21% increase from 2016. The 2017 gross profit was $6.02 billion, a 17% increase from the year prior. The 2017 net income was $1.80 billion.

Director John J. Donahoe sold 139,290 shares for $82.51 per share on Oct. 30. Since then, the stock price has increased by 3.07%. Executive Vice President, Chief Business Affairs and Legal Officer Adele Louise Pentland sold 8,149 shares for $84.68 per share on Oct. 29. Since then, the stock price has increased by 0.43%. Chief Commercial Officer Gary J. Marino sold 61,332 shares for $83.84 per share on Oct. 26. Since then, the stock price has increased by 1.43%.

Costco Wholesale Corp: Executive Vice President and Chief Financial Officer Richard A. Galanti sold 4,163 shares

Executive Vice President and Chief Financial Officer Richard A. Galanti sold 4,163 shares for $227.23 per share on Oct. 30. Since then, the stock price has increased by 1.04%. Costco Wholesale Corp. has a market cap of $100.19 billion and its shares were traded around $229.60. The company has a price-earnings ratio of 32.34 and price-sales ratio of 0.71. The trailing 12-month dividend yield of Costco Wholesale Corp. stocks is 0.94%, while the forward dividend yield is 1.00%. Over the past 10 years, Costco Wholesale Corp. had an annual average earnings growth of 9.30%. GuruFocus rated Costco Wholesale Corp. the business predictability rank of 4.5-star.

Costco Wholesale Corp. announced its second-quarter results with revenue of $44.41 billion and gross profit of $5.74 billion, while the net income was $1.04 billion. The 2018 total revenue was $141.58 billion, a 10% increase from 2017. The 2018 gross profit was $18.42 billion, a 7% increase from the year prior. The 2018 net income was $3.13 billion.

President and CEO W. Craig Jelinek sold 22,500 shares for $223.52 per share on Oct. 30. Since then, the stock price has increased by 2.72%. Director Emeritus Richard M. Libenson sold 2,049 shares for $224 per share on Oct. 25. Since then, the stock price has increased by 2.5%. Executive Vice President Franz E. Lazarus sold 23,000 shares for $226.76 per share on Oct. 25. Since then, the stock price has increased by 1.25%.

Disclosure: none.

This article first appeared on GuruFocus.


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