Weekly CFO Sells Highlight: QCOM, TEA, ADBE, FNF, SPB, RTN

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According to GuruFocus Insider Data , the largest CFO sells during the past week were: Qualcomm Inc., Teavana Holdings Inc., Adobe Systems Inc., Fidelity National Financial Inc., Spectrum Brands Holdings Inc. and Raytheon Company.

Qualcomm Inc. ( QCOM ): Executive Vice President and CFO William E. Keitel Sold 159,073 Shares

Executive Vice President and CFO William E. Keitel sold 159,073 shares of QCOM stock on 01/03/2013 at the average price of $64.75. William E. Keitel owns at least 47,786 shares after this. The price of the stock has decreased by 1.85% since.

Qualcomm Incorporated (Qualcomm) in the state of Delaware, develops designs, manufactures and markets digital wireless telecommunications products and services. Qualcomm Inc. has a market cap of $108.21 billion; its shares were traded at around $63.55 with a P/E ratio of 19.7 and P/S ratio of 5.7. The dividend yield of Qualcomm Inc. stocks is 1.6%. Qualcomm Inc. had an annual average earnings growth of 17.3% over the past 10 years. GuruFocus rated Qualcomm Inc. the business predictability rank of 4-star .

Chairman and CEO Paul E. Jacobs sold 92,000 shares of QCOM stock on 01/02/2013 at the average price of $63.89. President Steven M. Mollenkopf, Executive Vice President James P. Lederer, and multiple other insiders all also sold shares of QCOM stock over the past week.

Teavana Holdings Inc ( TEA ): Executive Vice President, CFO Daniel P. Glennon Sold 142,786 Shares

Executive Vice President, CFO Daniel P. Glennon sold 142,786 shares of TEA stock on 12/31/2012 at the average price of $15.5.

Teavana Holdings Inc. was founded in 1997 and it was incorporated in the state of Delaware with a P/E ratio of 32.9 and P/S ratio of 3.5.

Teavana Holdings Inc. has released its third quarter 2012 results ended Oct. 28, 2012. For this quarter, net sales increased 38% year-over-year to $46 million. Comparable store sales increased by 0.4%, while net loss was $1.4 million ($0.03 per diluted share).

Chairman of the Board, CEO and 10% Owner Andrew Mack sold 21,510,960 shares of TEA stock on 12/31/2012 at the average price of $15.5.

Adobe Systems Inc. ( ADBE ): Executive Vice President, CFO and Assistant Secretary Mark Garrett Sold 121,324 Shares

Executive Vice President, CFO and Assistant Secretary Mark Garrett sold 121,324 shares of ADBE stock on 12/28/2012 at the average price of $37.14. Mark Garrett owns at least 101,535 shares after this. The price of the stock has increased by 2.42% since.

Adobe Systems Inc. was originally incorporated in California in October 1983 and was reincorporated in Delaware in May 1997. Adobe Systems Inc. has a market cap of $18.88 billion; its shares were traded at around $38.04 with a P/E ratio of 19.3 and P/S ratio of 4.2.

Adobe Systems Inc. reported fourth quarter 2012 net income of $222.3 million ($0.44 per share), compared to income of $173.7 million ($0.35 per share) in the prior year quarter. Revenue was flat at $1.15 billion compared to last year.

Director James E. Daley and Senior Vice President Bradley Rencher both also sold shares of ADBE stock recently.

Fidelity National Financial Inc. ( FNF ): Executive Vice President and CFO Anthony Park Sold 100,000 Shares

Executive Vice President and CFO Anthony Park sold 100,000 shares of FNF stock on 12/27/2012 at the average price of $23.93. Anthony Park owns at least 303,790 shares after this. The price of the stock has increased by 1.71% since.

Fidelity National Financial Inc. was incorporated in the State of Delaware. Fidelity National Financial Inc. has a market cap of $5.51 billion; its shares were traded at around $24.34 with a P/E ratio of 10.3 and P/S ratio of 1.1. The dividend yield of Fidelity National Financial Inc. stocks is 2.4%.

Fidelity National Financial Inc. has released its third quarter 2012 results ended September 30, 2012. For this quarter the company generated $2.03 billion in revenue compared to $1.20 billion in the year ago quarter. Net earnings were $233.3 million ($1.03 per share), compared to $74.3 million ($0.33 per share) prior year quarter. Cash flows from operations increased from $68.4 million last year to $184.5 million.

Spectrum Brands Holdings Inc. ( SPB ): Executive Vice President, CFO and CAO Anthony L. Genito Sold 78,000 Shares

Executive Vice President, CFO and CAO Anthony L. Genito sold 78,000 shares of SPB stock on 12/31/2012 at the average price of $44.5. Anthony L. Genito owns at least 60,412 shares after this. The price of the stock has increased by 5.75% since.

Spectrum Brands Holding, Inc. is a Delaware corporation and a newly formed holding company. Spectrum Brands Holdings Inc. has a market cap of $2.42 billion; its shares were traded at around $47.06 with a P/E ratio of 20.7 and P/S ratio of 0.8.

Spectrum Brands Holdings Inc. reported fourth quarter net income of $48.6 million ($0.91 per share), and net sales of $3.25 billion. This compares to a net loss of $75.2 million and sales of $3.19 billion in the same quarter of last year. Operating income increased 32.4 % from prior year quarter to $301.8 million.

Raytheon Company ( RTN ): Senior Vice President and CFO David C. Wajsgras Sold 52,000 Shares

Senior Vice President and CFO David C. Wajsgras sold 52,000 shares of RTN stock on 12/27/2012 at the average price of $57.43. David C. Wajsgras owns at least 115,068 shares after this. The price of the stock has increased by 2.75% since.

Raytheon Company was founded in 1922 and is incorporated in the state of Delaware. Raytheon Company has a market cap of $19.47 billion; its shares were traded at around $59.01 with a P/E ratio of 9.4 and P/S ratio of 0.8. The dividend yield of Raytheon Company stocks is 3.5%. Raytheon Company had an annual average earnings growth of 9% over the past 10 years. GuruFocus rated Raytheon Company the business predictability rank of 2-star.

Raytheon Company reported third quarter 2012 adjusted EPS of $1.60, compared to $1.39 in the year ago quarter.

For the complete list of stocks that were sold by their CFOs, go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: ADBE , FNF , QCOM , RTN , SPB

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