Weekly Insider Sells Highlight: FB, NFLX, WDAY, GILD

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Jun 23, 2014

According to GuruFocus Insider Data, the largest insider sells during the past week were: Facebook Inc, Netflix Inc, Workday Inc, and Gilead Sciences Inc.

The overall trend of insiders is illustrated in the chart below:

Facebook Inc (FB, Financial): COO Sheryl Sandberg sold 283,334 Shares

COO Sheryl Sandberg sold 283,334 shares of FB stock on 06/18/2014 at the average price of $64.64. Sheryl Sandberg owns at least 9,274,789 shares after this. The price of the stock has decreased by 0.22% since.

Facebook Inc., a Delaware corporation was incorporated in Delaware in July 2004. Facebook Inc has a market cap of $165.53 billion; its shares were traded at around $64.50 with a P/E ratio of 85.70 and P/S ratio of 18.48.

Facebook Inc. has reported its first quarter 2014 results ended March 31, 2014. Revenue in this quarter was $2.50 billion, up 72% compared to the prior year quarter. GAAP net income was $642 million, or $0.25 per diluted share, compared to net income of $219 million, or $0.09 per diluted share last year.

Chief Technology Officer Michael Todd Schroepfer, and multiple other insiders also sold shares of FB stock over the past week.

Netflix Inc (NFLX, Financial): Chief Content Officer Theodore A Sarandos sold 36,701 Shares

Chief Content Officer Theodore A Sarandos sold 36,701 shares of NFLX stock on 06/18/2014 at the average price of $450. The price of the stock has decreased by 2.18% since.

Netflix, Inc., was incorporated in Delaware in August 1997 and completed its initial public offering in May 2002. Netflix Inc has a market cap of $26.38 billion; its shares were traded at around $440.18 with a P/E ratio of 165.50 and P/S ratio of 5.82. Netflix Inc had an annual average earnings growth of 44.70% over the past 10 years. GuruFocus rated Netflix Inc the business predictability rank of 5-star.

Netflix Inc. ended its first quarter of 2014 with operating income of $98 million and net income of $53 million, which compares to prior year quarter’s operating income of $32 million and net income of $3 million. Free cash flow in this quarter was $8 million.

Director Richard N Barton, and General Counsel David A Hyman , also sold shares of NFLX stock on 06/18/2014 at the average price of $450.

Workday Inc (WDAY, Financial): President and COO Michael A. Stankey sold 147,500 Shares

President and COO Michael A. Stankey sold 147,500 shares of WDAY stock on 06/19/2014 at the average price of $86.27. Michael A. Stankey owns at least 199,906 shares after this. The price of the stock has decreased by 1.63% since.

Workday, Inc. was incorporated in March 2005 as North Tahoe Power Tools, Inc. Workday Inc has a market cap of $15.7 billion; its shares were traded at around $84.86 with and P/S ratio of 27.82.

The company has released its fiscal first quarter 2015 results ended April 30, 2014. Total revenues were $159.7 million in this quarter, an increase of 74% over the prior year quarter. Net loss per diluted share was $0.32, compared to net loss of $0.20 per share last year. Operating loss was $52.1 million, and free cash flows were $11.8 million in this first quarter.

Multiple other insiders also recently sold shares of WDAY stock.

Gilead Sciences Inc (GILD, Financial): EVP, R&D and CSO Norbert W Bischofberger sold 90,000 Shares

EVP, R&D and CSO Norbert W Bischofberger sold 90,000 shares of GILD stock on 06/16/2014 at the average price of $80.9. Norbert W Bischofberger owns at least 119,302 shares after this. The price of the stock has increased by 0.37% since.

Gilead Sciences, Inc. was incorporated in Delaware on June 22, 1987. Gilead Sciences Inc has a market cap of $124.7 billion; its shares were traded at around $81.20 with a P/E ratio of 29.80 and P/S ratio of 10.06. Gilead Sciences Inc had an annual average earnings growth of 8.20% over the past 5 years.

Gilead Sciences generated first quarter revenues of $5 billion and net income of $2.23 billion, as compared to revenues of $2.53 billion and net income of $722.2 million in the prior year quarter.

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