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Weekly Top Insider Sells

October 07, 2013 | About:

According to GuruFocus Insider Data , these are the largest insider sells during the past week. The overall trend of insiders is illustrated in the chart below:





Oracle Corporation (ORCL): EVP Product Development Thomas Kurian Sold 400,000 Shares

EVP Product Development of Oracle Corporation (ORCL) Thomas Kurian sold 400,000 shares on 09/27/2013 at an average price of $33.21.

Oracle Corporation has a market cap of $151.35 billion; its shares were traded at around $33.21 with a P/E ratio of 14.33 and P/S ratio of 4.18. The dividend yield of Oracle Corporation stocks is 0.90%. Oracle Corporation had an annual average earnings growth of 19.8% over the past 10 years. GuruFocus rated Oracle Corporation the business predictability rank of 5-star.

On Sept. 18, 2013 Oracle Corporation announced that both fiscal 2014 Q1 GAAP and non-GAAP total revenues were up 2% to $8.4 billion. GAAP new software licenses and cloud software subscriptions revenues were up 5% to $1.7 billion while non-GAAP new software licenses and cloud software subscriptions revenues were up 4% to $1.7 billion. Both GAAP and non-GAAP software license updates and product support revenues were up 7% to $4.4 billion. Hardware systems products revenues were $669 million. GAAP operating income was flat at $2.9 billion, and GAAP operating margin was 34%. Non-GAAP operating income was up 4% to $3.7 billion, and non-GAAP operating margin was 45%. GAAP net income was up 8% to $2.2 billion, while non-GAAP net income was up 6% to $2.8 billion. GAAP earnings per share were up 14% to $0.47, while non-GAAP earnings per share were up 12% to $0.59. GAAP operating cash flow on a trailing twelve-month basis was $14.8 billion.

President Mark V. Hurd sold 500,000 shares of ORCL stock on 09/03/2013 at the average price of $32.23. Mark V. Hurd owns at least 1,000 shares after this. The price of the stock has increased by 3.04% since.

ServiceNow Inc. (NOW): Chief Product Officer Frederic B. Luddy Sold 162,000 Shares

Chief Product Officer of ServiceNow Inc. (NOW) Frederic B. Luddy sold 162,000 shares on 10/01/2013 at an average price of $54.43.

ServiceNow Inc has a market cap of $7.45 billion; its shares were traded at around $54.43 with and P/S ratio of 21.18.

On July 31, 2013 ServiceNow® announced its financial results for its revenues of $102.2 million, an increase of 80% compared to the second quarter of 2012, and an increase of 19% from the first quarter of 2013. A GAAP net loss for the quarter of $21.4 million, or a loss of $0.16 per basic and diluted share, compared to a GAAP net loss of $8.7 million, or a loss of $0.32 per basic and diluted share, in the second quarter of 2012. A non-GAAP net loss for the quarter of $7.8 million, or a loss of $0.06 per basic and diluted share, compared to a non-GAAP net loss of $1.6 million, or a loss of $0.06 per basic and diluted share, in the second quarter of 2012 (see the table entitled "Results of Operations GAAP to Non-GAAP Reconciliation" for a reconciliation of these GAAP and non-GAAP financial measures).

Chief Product Officer Frederic B. Luddy sold 162,000 shares of NOW stock on 09/03/2013 at the average price of $47.2. Frederic B. Luddy owns at least 10,382,425 shares after this. The price of the stock has increased by 15.32% since.

For the complete list of stocks that were bought/sold by their company executives, go to: Insider Buys.

About the author:

guruek
Ravi Nagarajan is a private investor and Editor of The Rational Walk website. Ravi focuses on applying value investing techniques to find securities trading well below intrinsic business value. Ravi has over 15 years of experience in the financial markets and started investing on a full time basis in 2009. From 1996 to 2009, Ravi held a number of technical and executive level positions in the commercial software industry. Ravi graduated Summa Cum Laude from Santa Clara University with a degree in finance. Visit his website The Rational Walk

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