Weekly CFO Sells Highlight: Apple Inc, Hewlett-Packard Co, Goldman Sachs Group Inc.

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Nov 02, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Apple Inc (AAPL, Financial), Hewlett-Packard Co (HPQ, Financial), and Goldman Sachs Group Inc (GS, Financial).

Apple Inc. (AAPL, Financial): Senior Vice President, CFO Luca Maestri sold 6,116 shares

On 10/21/2014, Senior Vice President, CFO Luca Maestri sold 6,116 shares at an average price of $102.11. The price of the stock has increased by 5.77% since. Apple Inc. has a market cap of $633.4 billion and its shares were traded at around $108. The company has a P.E ratio of 16.80 and P/S ratio of 3.63 with a dividend yield of 1.68%. Over the past 10 years, Apple Inc. had an annual average earnings growth of 52.30%. GuruFocus rated Apple Inc. the business predictability rank of 4.5-star.

Apple Inc. announced their 2014 third quarter results with revenues of $42.12 billion and gross profit of $16 billion; the net income was $8.5 billion. The 2014 total revenue was $182.8 billion, a 7% increase from the 2013 total revenue. The 2014 gross profit was $70.5 billion, a 10% increase from the 2013 gross profit. The 2014 net income was $39.5 billion.

On 9/22/2014, CEO Timothy D Cook sold 348,425 shares at an average price of $101.17. The price of the stock has increased by 6.75% since. On 10/30/2014, Senior Vice President Eduardo H Cue sold 261,935 shares at an average price of $106.79. The price of the stock has increased by 1.13% since. On 09/22/2014, Senior Vice President Jeffrey E Williams sold 348,846 shares at an average price of $101. The price of the stock has increased by 6.93% since.

Hewlett-Packard Co (HPQ, Financial): EVP and CFO Catherine A Lesjak sold 41,357 shares

On 05/23/2014, EVP and CFO Catherine A Lesjak sold 41,357 shares at an average price of $32.66. The price of the stock has increased by 9.86% since. Hewlett-Packard Co has a market cap of $66.96 billion and its shares were traded at around $35.88. The company has a P/E ratio of 13.6 and P/S ratio of 0.62 with a dividend yield of 1.70%.

Hewlett-Packard Co announced their 2014 third quarter results with revenues of $27.6 billion and gross profit of $6.6 billion; the net income was $985 million. The 2013 total revenue was $112.3 billion, a 7% decrease from the 2012 total revenue. The 2013 gross profit was $25.9 billion, a 7% decrease from the 2012 gross profit. The 2013 net income was $5.1 billion.

On 10/29/2014, EVP and GM EG William L Veghte sold 52,776 shares at an average price of $36. The price of the stock has decreased by 0.33% since. On 10/24/2014, EVP PPSG Dion J Weisler sold 38,625 shares at an average price of $35. The price of the stock has increased by 2.51% since. On 10/22/2014, SVP, CDCA and Treasurer Todd R Morgenfeld sold 59,970 shares at an average price of $34.60. The price of the stock has increased by 3.7% since.

Goldman Sachs Group Inc. (GS, Financial): Executive Vice President – CFO Harvey M Schwartz sold 32,112 shares

On 07/23/2014, Executive Vice President – CFO Harvey M Schwartz sold 32,112 shares at an average price of $176.02. The price of the stock has increased by 7.94% since. Goldman Sachs Group Inc. has a market cap of $83.71 billion and its shares were traded at around $189.99. The company has a P/E ratio of 12.20 and P/S ratio of 2.72 with a dividend yield of 1.16%. Over the past 10 years, Goldman Sachs Group Inc had an annual average earnings growth of 2.30%.

Goldman Sachs Group Inc. announced their 2014 second quarter results with revenues and gross profit of $9.13 billion. The 2013 total revenue and gross profit was $34.2 billion with a net income of $8.04 billion.

On 10/29/2014, Director David A Viniar sold 135,312 shares at an average price of $186.17. The price of the stock has increased by 2.05% since. On 10/29/2014, EVP, Global Head of Compliance Alan M Cohen sold 32,000 shares at an average price of $186.08. The price of the stock has increased by 2.1% since. On June 2014, Senior Officer William Reid Webb bought 16,300 shares at an average price of $33.22.