Weekly CFO Sells Highlight: Pandora Media Inc, Incyte Corp Ltd, Google Inc, American Airlines Group Inc.

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Feb 24, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Pandora Media Inc, Incyte Corp Ltd, Google Inc, and American Airlines Group Inc.

Pandora Media Inc. (P, Financial): CFO Michael Herring sold 174,175 Shares

On Feb. 10, CFO Michael S Herring sold 174,175 shares at an average price of $33.90. The price of the stock has increased by 9.68% since. Pandora Media Inc has a market cap of $7.34 billion and its shares were traded at around $37.18. The company has a P/S ratio of 11.14.

Pandora Media Inc announced their 2013 fourth quarter results with revenues of $180.4 million and gross profit of $80.96 million; the net income was $1.7 million. The 2013 total revenue was $427.15 million, a 56% increase from the 2012 total revenue. The 2013 gross profit was $136.4 million, a 33% increase from the 2012 gross profit; the 2013 net income was $38.15 million.

On Feb. 20, Affiliate of Director Capital Inc Crosslink sold 1,000,000 shares at an average price of $36.47. The price of the stock has increased by 1.95% since. On Feb. 18, Chief Revenue Officer John Trimble sold 20,000 shares at an average price of $37.59. The price of the stock has decreased by 1.09% since. On 02/18/2014, CTO, EVP Product Thomas Conrad sold 48,000 shares at an average price of $37.59. The price of the stock has decreased by 1.09% since.

Incyte Corp Ltd (INCY, Financial): CFO David Hastings sold 275,000 Shares

On Feb. 18, CFO David C Hastings sold 275,000 shares at an average price of $65.86. The price of the stock has decreased by 1.34% since. Incyte Corp Ltd has a market cap of $10.47 billion and its shares were traded at around $64.98. The company has a P/E ratio of $24.63.

Incyte Corp Ltd announced their 2013 third quarter results with revenues of $85.12 million and gross profit of $84.97 million; the net income was $22.04 million. The 2012 total revenue was $297.06 million, a 215% increase from the 2011 total revenue. The 2012 net income was $44.32 million.

On Feb. 20, Director Paul A Friedman sold 33,354 shares at an average price of $63.51. The price of the stock has increased by 2.31% since. On Feb. 12, Chairman Schutter Richard U De sold 50,000 shares at an average price of $65.53. The price of the stock has decreased by 0.84% since. On Feb.19, Director Paul A Friedman sold 771,182 shares at an average price of $65.65. The price of the stock has decreased by 1.02% since.

Google Inc (GOOG, Financial): SVP and CFO Patrick Pichette sold 3,730 Shares

On 02/06/2014, SVP and CFO Patrick Pichette sold 3,730 shares at an average price of $1150.72. The price of the stock has increased by 4.61% since. Google Inc has a market cap of $404.53 billion and its shares were traded at around $1203.79. The company has a P/E ratio of 35.30 and P/S ratio of 6.82; over the past 10 years, Google Inc had an annual average earnings growth of 31.50%. GuruFocus rated Google Inc. the business predictability rank of 2.5-star.

Google Inc announced their 2013 fourth quarter results with revenues of $16.86 billion with a gross profit of $9.42 billion; the net income was $3.38 billion. The 2013 total revenue was $59.83 billion, a 19% increase from the 2012 total revenue. The 2013 gross profit was $33.97 billion, a 15% increase from the 2012 gross profit; the 2013 net income was $12.9 billion.

On 02/14/2014, CEO, 10% Owner Lawrence Page sold 16,670 shares at an average price of $1200.17. The price of the stock has increased by 0.3% since. On 02/19/2014, Director L John Doerr sold 8,297 shares at an average price of $1205.00. The price of the stock has decreased by 0.1% since. On 02/14/2014, SVP and Chief Business Officer Nikesh Arora sold 2,929 shares at an average price of $1200.00. The price of the stock has increased by 0.32% since.

American Airlines Group Inc. (AAL, Financial): Executive VP and CFO Derek Kerr sold 370,290 Shares

On 02/07/2014, Executive VP and CFO Derek J Kerr sold 370,290 shares at an average price of $35.34. The price of the stock has increased by 2.35% since. American Airlines Group Inc has a market cap of $12.91 billion and its shares were traded at around $36.17. The company has a P/E ratio of 10.80 and P/S ratio of 0.53.

American Airlines Group Inc announced their 2013 third quarter results with revenues of $6.8 billion and gross profit of $3.58 billion; the net income was $289 million. The 2012 total revenue was $24.85 billion, a 4% increase from the 2011 total revenue. The 2012 gross profit was $12.35 billion, a 5% increase from the 2011 gross profit; the 2012 net income was $1.88 billion.

On Feb. 13, CEO W Douglas Parker sold 593,329 shares at an average price of $34.34. The price of the stock has increased by 5.33% since. On Feb. 13, President Scott Kirby sold 529,838 shares at an average price of $34.50. The price of the stock has increased by 4.84% since. On Feb. 7, EVP Corporate Affairs Stephen L Johnson sold 343,523 shares at an average price of $35.29. The price of the stock has increased by 2.49% since. On Jan. 31, COO Robert Isom sold 380,557 shares at an average price of $33.40. The price of the stock has increased by 8.29% since.