Weekly CFO Sells Highlight: Google Inc., Facebook Inc., Gilead Sciences Inc., Palo Alto Networks Inc.

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Mar 24, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Google Inc., Facebook Inc., Gilead Sciences Inc. and Palo Alto Networks Inc.

Google Inc. (GOOG, Financial): SVP and CFO Patrick Pichette Sold 742 Shares

On 03/13/2014, SVP and CFO Patrick Pichette sold 742 shares at an average price of $1208.25. The price of the stock has decreased by 2.09% since. Google Inc has a market cap of $397.56 and its shares were traded at around $1183.04. The company has a P/E ratio of 31.0 and P/S ratio of 6.7. Over the past 10 years, Google Inc. had an annual average earnings growth of 32.50%. 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 and gross profit of $9.42 billion; the net income was $3.38 billion. The 2013 total revenue was $59.8 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 $12.92 billion.

On 03/19/2014, Director L. John Doerr sold 8,254 shares at an average price of $1,211.54. The price of the stock has decreased by 2.35% since. On 03/17/2014, SVP and Chief Business Officer Nikesh Arora sold 1,192 shares at an average price of $1179.25. The price of the stock has increased by 0.32% since. On 03/14/2014, CEO 10% Owner Lawrence Page sold 16,670 shares at an average price of $1179.37. The price of the stock has increased by 0.31% since.

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

On 03/19/2014, CFO David A. Ebersman sold 23,400 shares at an average price of $68.94. The price of the stock has decreased by 2.47% since. Facebook Inc. has a market cap of $171.44 billion and its shares were traded at around $67.24. The company has a P/E ratio of 113.40 and P/S ratio of 21.62.

Facebook Inc. announced their 2013 fourth quarter results with revenues of $2.59 billion and gross profit of $2.1 billion; the net income was $520 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 03/20/2014, COO Sheryl Sandberg sold 283,334 shares at an average price of $67.45. The price of the stock has decreased by 0.31% since. On 03/17/2014, Chief Technology Officer Michael Todd Schroepfer sold 9,787 shares at an average price of $68.14. The price of the stock has decreased by 1.32% since. On 03/13/2014, VP Marketing and Business Part. David B. Fischer sold 36,000 shares at an average price of $70.56. The price of the stock has decreased by 4.71% since.

Gilead Sciences Inc. (GILD, Financial): EVP, CFO Robin L. Washington Sold 30,600 Shares

On 02/28/2014, EVP and CFO Robin L. Washington sold 30,600 shares at an average price of $83.65. The price of the stock has decreased by 13.84% since. Gilead Sciences Inc. has a market cap of $110.86 billion and its shares were traded at around $72.07. The company has a P/E ratio of 39.50 and P/S ratio of 10.90. Over the past five years, Gilead Sciences Inc. had an annual average earnings growth of 8.20%.

Gilead Sciences Inc. announced their 2013 fourth quarter results with revenues of $3.12 billion and gross profit of $2.26 billion; the net income $781.4 million. The 2013 total revenue was $11.2 billion, a 15% increase. The 2013 gross profit was $8.34 billion, a 15% increase from the 2012 gross profit. The 2013 net income was $3.1 billion.

On 03/03/2014, Chairman and CEO John C. Martin sold 140,625 shares at an average price of $81.74. The price of the stock has decreased by 11.83% since. On 03/14/2014, EVP, R&D and CSO Norbert W. Bischofberger sold 90,000 shares at an average price of $75.89. The price of the stock has decreased by 5.03% since. On 03/14/2014, Director John Francis Cogan sold 14,000 shares at an average price of $76.44. The price of the stock has decreased by 5.72% since.

Palo Alto Networks Inc. (PANW, Financial): CFO Steffan Tomlinson Sold 40,000 Shares

On 03/10/2014, CFO Steffan Tomilson sold 40,000 shares at an average price of $77.42. The price of the stock has decreased by 1.11% since. Palo Alto Networks Inc. has a market cap of $5.67 billion and its shares were traded at around $76.56. The company has a P/S ratio of 11.29.

Palo Alto Networks Inc. announced their 2014 first quarter results with revenues of $141.1 million and gross profit of $103.56 million; the net income was $39.9 million. The 2013 total revenue was $396.1 million, a 55% increase from the 2012 total revenue. The 2013 gross profit was $286.35 million, a 55% increase from the 2012 gross profit. The 2013 net income was $29.25 million.

On 03/18/2014, President and CEO Mark D. Mclaughlin sold 84,900 shares at an average price of $80.11. The price of the stock has decreased by 4.43% since. On 03/17/2014, SVP of WW Field Operations Mark Anderson sold 70,000 shares at an average price of $80. The price of the stock has decreased by 4.3% since. On 03/14/2014, Director Daniel J. Warmenhoven sold 5,000 shares at an average price of $76.89. The price of the stock has decreased by 0.43% since.