Weekly CFO Sells Highlight: Aramark, Incyte Corp Ltd., Facebook Inc.

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Jun 09, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Aramark, Incyte Corp Ltd. and Facebook Inc.

Aramark (ARMK, Financial): EVP and CFO L. Frederick Sutherland Sold 200,000 Shares

On 06/04/2014, EVP and CFO L. Frederick Sutherland sold 200,000 shares at an average price of $24.54. The price of the stock has increased by 9.05% since. Aramark has a market cap of $6.19 billion and its shares were traded at around $26.76. The company has a P/E ratio of 102.90 and P/S ratio of 0.40 with a dividend yield of 0.56%.

Aramark announced their 2014 first quarter results with revenues of $3.5 billion and gross profit of $342.2 million; the net income was $12.92 million. The 2013 total revenue was 13.9 billion, a 3% increase from the 2012 total revenue. The 2013 gross profit was $1.28 million, a 2% decrease from the 2012 gross profit. The 2013 net income was $69.36 million.

On 06/04/2014, Director Todd M. Abbrecht sold 5,039,421 shares at an average price of $24.54. The price of the stock has increased by 9.05% since. On 06/04/2014, Director, 10% Owner Thomas H. Lee Advisors LLC sold 5,039,421 shares at an average price of $24.54. The price of the stock has increased by 9.05% since. On 06/04/2014, Director David Barr sold 5,146,391 shares at an average price of $24.54. The price of the stock has increased by 9.05% since.

Incyte Corp Ltd. (INCY, Financial): CFO David C. Hastings Sold 200,000 Shares

On 06/05/2014, CFO David C. Hastings sold 200,000 shares at an average price of $52.73. The price of the stock has decreased by 1.08% since. Incyte Corp Ltd. has a market cap of $8.74 billion and its shares were traded at around $52.16. The company has a P/S ratio of 21.73.

Incyte Corp Ltd. announced their 2014 first quarter results with revenues of $89.79 million and gross profit of $89.62 million; the net income was $33.96 million. The 2013 total revenue was $354.9 million, a 19% increase from the 2012 total revenue. The 2013 gross profit was $354.3 million, a 19% increase from the 2012 gross profit. The 2013 net income was $83.15 million.

On 05/23/2014, EVP, Chief Commercial Officer James M. Daly sold 11,111 shares at an average price of $48.48. The price of the stock has increased by 7.59% since. On 05/16/2014, EVP, Chief Drug Development and Medical Officer Richard S. Levy sold 8,000 shares at an average price of $50.68. The price of the stock has increased by 2.92% since. On 05/12/2014, Vice President and Treasurer Laurent Chardonnet sold 2,058 shares at an average price of $54. The price of the stock has decreased by 3.41% since.

Facebook Inc. (FB, Financial): CFO David A. Ebersman Sold 23,400 Shares

On 05/29/2014, CFO David A. Ebersman sold 23,400 shares at an average price of $63.62. The price of the stock has decreased by 1.76% since. Facebook Inc. has a market cap of $160.4 billion and its shares were traded at around $62.50. The company has a P/S ratio of 83.00 and P/S ratio of 17.91.

Facebook announced their 2014 first quarter results with revenues of $2.5 billion and gross profit of $2.04 billion; the net income was $639 million. The 2013 total revenue for Facebook Inc was $7.87 billion, a 55% increase from the 2012 total revenue. The 2013 gross profit was $6 billion, a 61% increase from the 2012 gross profit. The 2013 net income was $1.5 billion.

On 06/05/2014, COO Sheryl Sandberg sold 283,334 shares at an average price of $63.56. The price of the stock has decreased by 1.67% since. On 06/02/2014, Chief Product Officer Christopher K. Cox sold 5,936 shares at an average price of $63.22. The price of the stock has decreased by 1.14% since. On 06/02/2014, Chief Accounting Officer Jas Athwal sold 3,000 shares at an average price of $63.22. The price of the stock has decreased by 1.14% since.