Weekly CFO Sells Highlight: SBUX, FIO, EME, HNZ, PCP, FNF

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Dec 06, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Starbucks Corp, Fusionio, EMCOR Group Inc., H.J. Heinz Co, Precision Castparts Corp., and Fidelity National Financial Inc.


Starbucks Corp. (SBUX, Financial): CFO Troy Alstead Sold 163,914 Shares


CFO Troy Alstead sold 163,914 shares of SBUX stock on 11/30/2011 at the average price of $43.28. Troy Alstead owns at least 219,975 shares after this. The price of the stock has increased by 1.46% since.


CFO of Starbucks Corp. (SBUX) Troy Alstead sold 163,914 shares on 11/30/2011 at an average price of $43.28. Starbucks Corporation purchases and roasts high-quality whole bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related equipment primarily through its company-operated retail stores. Starbucks Corp. has a market cap of $32.73 billion; its shares were traded at around $43.91 with a P/E ratio of 28.89 and P/S ratio of 2.8. The dividend yield of Starbucks Corp. stocks is 1.55%. Starbucks Corp. had an annual average earnings growth of 18.7% over the past 10 years. GuruFocus rated Starbucks Corp. the business predictability rank of 3-star.


Starbucks Corp. recently reported its fourth quarter 2011 results. During this quarter, the company saw EPS of $0.47 (including $.10 in non-routine gains) — a 27% increase from prior year quarter. Total net revenues were $3 billion, which was 7% higher than the same period last year, and consolidated operating margin reached 14.8%. A cash dividend of $0.17 per share was announced, a 31% increase from the $0.13 per share.


Fusionio Inc. (FIO, Financial): CFO Dennis P. Wolf Sold 109,221 Shares


CFO of Fusionio (FIO) Dennis P. Wolf sold 109,221 shares on 11/28/2011 at an average price of $31.68. Fusionio Inc. is engaged in the design, development and retail of storage memory platform that helps data decentralization. Fusionio has a market cap of $2.76 billion; its shares were traded at around $31.96 with and P/S ratio of 13.98.


In its first quarter of 2011, Fusionio reported revenue of $74.4 million, up 1275% from the $27 million reported last year. Net income was $7.2 million compared to a net loss of $5.8 million last year.


CFO Dennis P. Wolf and multiple other insiders all sold shares of FIO stock on 11/28/2011.


EMCOR Group Inc. (EME, Financial): Executive Vice President and CFO Mark A. Pompa Sold 102,074 Shares


Executive Vice President and CFO Mark A. Pompa sold 102,074 shares of EME stock on 11/30/2011 at the average price of 25.3. Mark A. Pompa owns at least 49,484 shares after this. The price of the stock has increased by 0.16% since.


EMCOR Group Inc. conducts its business through subsidiaries, specializes in the design, integration, installation, start-up, testing, operation and maintenance of complex mechanical and electrical systems. EMCOR Group Inc. has a market cap of $1.69 billion; its shares were traded at around $25.34 with a P/E ratio of 13.34 and P/S ratio of 0.33. The dividend yield of EMCOR Group Inc. stocks is 0.79%.


For its third quarter 2011, EMCOR Group Inc. reported revenue growth of 21.5% to $1.48 billion. Diluted EPS for this quarter was $0.47.


H.J. Heinz Co. (HNZ, Financial): Executive Vice President and CFO Arthur B. Winkleblack Sold 55,010 Shares


Executive Vice President and CFO of H.J. Heinz Co. (HNZ) Arthur B. Winkleblack sold 55,010 shares on 12/01/2011 at an average price of $52.43. H. J. Heinz Company and its subsidiaries manufacture and market an extensive line of processed food products throughout the world. H.J. Heinz Co. has a market cap of $16.82 billion; its shares were traded at around $52.38 with a P/E ratio of 16.68 and P/S ratio of 1.57. The dividend yield of H.J. Heinz Co. stocks is 3.67%. H.J. Heinz Co. had an annual average earnings growth of 3.6% over the past 10 years.


Executive Vice President and CFO Arthur B. Winkleblack and EVP and General Counsel Theodore Nicholas Bobby both sold shares of HNZ stock on 12/01/2011.


Precision Castparts Corp. (PCP, Financial): Senior Vice President and CFO Shawn R. Hagel Sold 47,475 Shares


Senior Vice President and CFO Shawn R. Hagel sold 47,475 shares of PCP stock on 11/29/2011 at the average price of $159.08. Shawn R. Hagel owns at least 19,574 shares after this. The price of the stock has increased by 1.7% since.


Precision Castparts Corp. is a worldwide manufacturer of complex metal components and products. Precision Castparts Corp. has a market cap of $23.33 billion; its shares were traded at around $161.78 with a P/E ratio of 21.09 and P/S ratio of 3.75. The dividend yield of Precision Castparts Corp. stocks is 0.07%. Precision Castparts Corp. had an annual average earnings growth of 20.8% over the past 10 years. GuruFocus rated Precision Castparts Corp. the business predictability rank of 2-star.


Precision Castparts Corp. recently reported its fourth quarter 2011 results. For this quarter, the company saw total sales of $1.7 billion, compared to $1.4 billion from prior year quarter.Total net income was $271.0 million, or $1.87 per share.


Fidelity National Financial Inc. (FNF, Financial): Executive Vice President and CFO Anthony Park Sold 44,214 Shares


Executive Vice President and CFO Anthony Park sold 44,214 shares of FNF stock on 12/01/2011 at the average price of 15.85. Anthony Park owns at least 278,094 shares after this. The price of the stock has decreased by 0.44% since.


Fidelity National Title Group Inc. is a provider of title insurance, specialty insurance and claims management services. Fidelity National Financial Inc. has a market cap of $3.46 billion; its shares were traded at around $15.78 with a P/E ratio of 11.52 and P/S ratio of 0.6. The dividend yield of Fidelity National Financial Inc. stocks is 3.04%.


For the complete list of stocks that Sold by their CFOs, go to: Insider Buys.