Weekly CFO Sells Highlight

GuruFocus.com
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- By Myra Ramdenbourg

According to GuruFocus Insider Data, the recent CFO sells are: Twitter Inc. (TWTR), Salesforce.com Inc. (CRM) and Teleflex Inc. (TFX).

Twitter Inc.: CFO Ned D. Segal sold 6,000 shares

CFO Ned D. Segal sold 6,000 shares for $34.39 per share on Dec. 11. Since then, the stock price has decreased by 16.43%. Twitter Inc. has a market cap of $21.88 billion and its shares were traded around $28.74. The company has a price-earnings ratio of 21.29 and price-sales ratio of 7.66.


Twitter announced its third-quarter results with revenue of $758.11 million and gross profit of $514.47 million, while the net income was $789.18 million. The 2017 total revenue was $2.44 billion, a 3% decrease from 2016. The 2017 gross profit was $1.58 billion, a 4% decrease from the year prior. The 2017 net loss was $108.06 million.

Director Evan Clark Williams sold 682,242 shares for $28.14 per share on Dec. 28. Since then, the stock price has increased by 2.13%. Vice President Engineering Michael Montano sold 1,250 shares for $32.59 per share on Dec. 20. Since then, the stock price has decreased by 11.81%. Chief Accounting Officer Robert Kaiden sold 3,962 shares for $32.17 per share on Dec. 6. Since then, the stock price has decreased by 10.66%.

Salesforce.com Inc.: President and CFO Mark J. Hawkins sold 9,066 shares

President and CFO Mark J. Hawkins sold 9,066 shares for $121.93 per share on Dec. 24. Since then, the stock price has increased by 12.33%. Salesforce.com Inc. has a market cap of $104.78 billion and its shares were traded around $136.97. The company has a price-earnings ratio of 145.71 and price-sales ratio of 8.41. Over the past 10 years, Salesforce.com Inc. had an annual average earnings growth of 19%. GuruFocus rated Salesforce.com Inc. the business predictability rank of 4-star.

Salesforce.com announced its third-quarter results with revenue of $3.39 billion and gross profit of $2.50 billion, while the net income was $105 million. The 2017 total revenue was $10.48 billion, a 25% increase from 2016. The 2017 gross profit was $7.71 billion, a 25% increase from the year prior. The 2017 net income was $127.48 million.

Chairman of the Board and co-CEO Marc Benioff sold 15,000 shares for $126.27 per share on Dec. 27. Since then, the stock price has increased by 8.47%. Director John Victor Roos sold 114 shares for $128.8 per share on Dec. 27. Since then, the stock price has increased by 6.34%. President Legal and General Counsel Amy E. Weaver sold 4,889 shares for $134.34 per share on Dec. 17. Since then, the stock price has increased by 1.96%.

Teleflex Inc.: Executive Vice President and CFO Thomas E. Powell sold 5,324 shares

Executive Vice President and CFO Thomas E. Powell sold 5,324 shares for $242.25 per share on Dec. 27. Since then, the stock price has increased by 6.7%. Teleflex Inc. has a market cap of $11.89 billion and its shares were traded around $258.48. The company has a price-earnings ratio of 183.32 and price-sales ratio of 5. The trailing 12-month dividend yield of Teleflex Inc. stocks is 0.53%, while the forward dividend yield is 0.53%.

Teleflex announced its third-quarter results with revenue of $609.67 million and gross profit of $344.37 million, while the net income was $56.52 million. The 2017 total revenue was $2.15 billion, a 15% increase from 2016. The 2017 gross profit was $1.23 billion, a 22% increase from the year prior. The 2017 net income was $152.53 million.

Disclosure: None.

This article first appeared on GuruFocus.


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