Weekly CFO Sells Highlight: KKR, DENN, NEE, HOLX, STT, INVN

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Aug 27, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: KKR & Co. LP, Denny’s Corporation, NextEra Energy Inc., Hologic Inc., Ivensense Inc, and State Street Corporation.


KKR & Co. LP (KKR, Financial): CFO William J. Janetschek Sold 150,000 Shares


CFO William J. Janetschek sold 150,000 shares of KKR stock on 08/21/2012 at the average price of $14.53. The price of the stock has decreased by 2.48% since.


Kohlberg Kravis Roberts & Co. provides a range of asset management services to its investors and provides capital markets services to its firm, its portfolio companies and its clients. KKR & Co. LP has a market cap of $3.37 billion; its shares were traded at around $14.17 with a P/E ratio of 12.6 and P/S ratio of 4.7. The dividend yield of KKR & Co. LP stocks is 3.6%.


KKR & Co. has released its second quarter 2012 results. In this quarter, the company reported GAAP net income of $146.3 million, up from the $39.6 million reported in the same quarter last year. The company reported ENI of $546.1 million in the second quarter of 2012, up from $315.0 million reported prior year quarter.


Denny's Corporation (DENN, Financial): Executive Vice President, Chief Admin Officer & CFO F. Mark Wolfinger Sold 100,000 Shares


Executive Vice President, Chief Admin Officer & CFO F. Mark Wolfinger sold 100,000 shares of DENN stock on 08/22/2012 at the average price of $4.79. F. Mark Wolfinger owns at least 376,809 shares after this. The price of the stock has increased by 0.84% since.


Denny's Corporation has a market cap of $467.3 million; its shares were traded at around $4.83 with a P/E ratio of 13.9 and P/S ratio of 0.9.


NextEra Energy Inc. (NEE, Financial): Vice Chairman and CFO Moray P. Dewhurst Sold 100,000 Shares


Vice Chairman and CFO Moray P. Dewhurst sold 100,000 shares of NEE stock on 08/20/2012 at the average price of $68.95. Moray P. Dewhurst owns at least 257,527 shares after this. The price of the stock has decreased by 1.61% since.


Nextera Energy, Inc. has a market cap of $29.03 billion; its shares were traded at around $67.84 with a P/E ratio of 15.4 and P/S ratio of 1.9. The dividend yield of Nextera Energy Inc. stocks is 3.4%. Nextera Energy Inc. had an annual average earnings growth of 5.9% over the past 10 years.


NextEra Energy Inc. reported second quarter 2012 GAAP net income of $607 million ($1.45 per share), compared with $580 million ($1.38 per share) prior year quarter. On an adjusted basis, NextEra reported earnings of $527 million, compared with $500 million last year.


Hologic Inc. (HOLX, Financial): Executive Vice President and CFO Glenn P. Muir Sold 68,750 Shares


Executive Vice President and CFO Glenn P. Muir sold 68,750 shares of HOLX stock on 08/22/2012 at the average price of $19.66. Glenn P. Muir owns at least 773,414 shares after this. The price of the stock has decreased by 1.02% since.


Hologic Inc. is a supplier of high quality, innovative and clinically valuable diagnostic systems and tests. Hologic Inc. has a market cap of $5.26 billion; its shares were traded at around $19.46 with a P/E ratio of 14.6 and P/S ratio of 2.9.


Hologic Inc. has released its third quarter 2012 results ended June 23, 2012. In this quarter, the company generated revenues of $470.2 million, an increase of 4.2% over prior year quarter. GAAP net income was $23.6 million ($0.09 per share), and Non-GAAP income was $92.6 million ($0.35 per share).


InvenSense Inc. (INVN, Financial): CFO Alan Krock Sold 55,182 Shares


CFO Alan Krock sold 55,182 shares of INVN stock on 08/23/2012 at the average price of $13.62. The price of the stock has decreased by 1.32% since.


InvenSense Inc. provides motion processing solutions that enable a motion-based user interface for consumer electronics. Invensense Inc. has a market cap of $1.11 billion; its shares were traded at around $13.44 with and P/S ratio of 7.2.


InvenSense Inc. has released its first quarter 2013 results. First quarter net revenues was $39.2 million, up from $35.6 million prior year quarter. Net income for this quarter was $7.7 million, or $0.09 per diluted share. At the end of this quarter, InvenSense Inc. had $157.5 million in cash and cash equivalents.


President, CEO, Chairman and 10% Owner Steven Saeed Nasiri sold 10,000 shares of INVN stock on 08/21/2012 at the average price of $13.87.


State Street Corporation (STT, Financial): Executive Vice President and CFO Edward J. Resch Sold 50,000 Shares


Executive Vice President and CFO Edward J. Resch sold 50,000 shares of STT stock on 08/22/2012 at the average price of $41.81. Edward J. Resch owns at least 383,847 shares after this. The price of the stock has decreased by 0.93% since.


State Street Corporation is the world's specialist in providing sophisticated global investors with investment servicing, investment management, investment research and trading services. State Street Corporation has a market cap of $20.48 billion; its shares were traded at around $41.42 with a P/E ratio of 11.2 and P/S ratio of 2.1. The dividend yield of State Street Corporation stocks is 2.3%. State Street Corporation had an annual average earnings growth of 1% over the past 10 years.


State Street Corporation reported second quarter 2012 EPS of $0.98, down from $1.00 in the same quarter last year. Revenue in the second quarter was $2.42 billion, down 3% from prior year quarter. Return on average shareholders equity was 10%, compared to 10.6% in 2011.


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