Weekly CFO Sells Highlight: FB, MU, SCSS, MPW, HON

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Nov 17, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Facebook Inc, Micron Technology Inc, Select Comfort Corporation, Medical Properties Trust, and Honeywell International Inc.

Facebook Inc (FB, Financial): CFO David A Ebersman Sold 923,400 Shares

CFO of Facebook Inc (FB) David A Ebersman sold 923,400 shares during the past week at an average price of $46.76.

Facebook has a market cap of $120.31 billion; its shares were traded at around $49.01 with a P/E ratio of 120.90 and P/S ratio of 18.76.

Facebook has recently released its third quarter 2013 results. The company reported quarterly revenues of $2.01 billion, compared to $1.26 billion in the same quarter of 2012. GAAP income from operations was $736 million and net income was $42 million, compared to income from operations of $377 million and net loss of $59 million prior year quarter. Daily active users increased 25% from last year.

VP Marketing David B. Fischer sold 36,000 shares of FB stock on 11/07/2013 at the average price of $49.77. Director Marc L Andreessen and multiple other insiders have all also sold shares of FB stock over the past week.

Micron Technology (MU, Financial): CFO & VP of Finance Ronald Foster Sold 200,000 Shares

CFO & VP of Finance of Micron Technology (MU) Ronald Foster sold 200,000 shares during the past week at an average price of $18.05.

Micron Technology has a market cap of $20.47 billion; its shares were traded at around $19.46 with a P/E ratio of 20.60 and P/S ratio of 2.27. Micron Technology, Inc. had an annual average earnings growth of 15.40% over the past 5 years. GuruFocus rated Micron Technology the business predictability rank of 2.5-star.

For its fourth quarter 2013 ended Aug. 29, 2013, Micron Technology Inc. had net income of $1.71 billion ($1.51 per diluted share) and net sales of $2.8 billion, compared to a net loss of $243 million ($0.24 per share) and sales of $2.0 billion last year. Cash flows from operations were $717 million.

VP of DRAM Solutions Brian Shirley, VP, Corporate Development Michael W Sadler, and multiple other insiders have all also sold shares of MU stock.

Select Comfort Corporation (SCSS, Financial): EVP and CFO Wendy Schoppert Sold 129,606 Shares

EVP, CFO Wendy Schoppert sold 129,606 shares of SCSS stock on Nov. 14 at the average price of $20.34. Wendy Schoppert owns at least 103,756 shares after this. The price of the stock has decreased by 0.98% since.

Select Comfort has a market cap of $1.11 billion; its shares were traded at around $20.14 with a P/E ratio of 16.90 and P/S ratio of 1.19.

Select Comfort Corporation reported third quarter revenue of $264 million, a 7% increase over prior year quarter. Net income fell to $20.2 million from $26.2 million last year on higher costs and lower demand.

Medical Properties Trust (MPW, Financial): EVP and CFO Steven Hamner Sold 100,000 Shares

EVP and CFO Steven Hamner sold 100,000 shares of MPW stock on Nov. 7 at the average price of $13. Steven Hamner owns at least 1,044,173 shares after this. The price of the stock has increased by 1.23% since.

Medical Properties Trust has a market cap of $2.13 billion; its shares were traded at around $13.16 with a P/E ratio of 16.30 and P/S ratio of 8.18. The dividend yield of Medical Properties Trust stocks is 6.07%.

Honeywell International (HON, Financial): Sr. VP and CFO David Anderson Sold 65,155 Shares

Sr. VP and CFO David Anderson sold 65,155 shares of HON stock on Nov. 11 at the average price of $87.19. David Anderson owns at least 128,464 shares after this. The price of the stock has increased by 1.64% since.

Honeywell International has a market cap of $69.54 billion; its shares were traded at around $88.62 with a P/E ratio of 21.70 and P/S ratio of 1.85. The dividend yield of Honeywell International stocks is 1.85%. Honeywell International had an annual average earnings growth of 8.20% over the past 10 years.

Honeywell International reported third quarter 2013 EPS up 3% year-over-year to $1.24 and sales up 3% to $9.64 billion. Cash flow from operations were $1.07 billion.

Chairman & CEO David M Cote sold 418,521 shares of HON stock on Nov. 4 at the average price of $86.16. SVP, Engineering & Operations Krishna Mikkilineni sold 54,375 shares of HON stock on Nov. 11 at the average price of $87.5.

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