Weekly CFO Sells Highlight: Google Inc, Facebook Inc, Twitter Inc.

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Aug 04, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Google Inc, Facebook Inc, and Twitter Inc.

Google Inc. (GOOG, Financial): SVP and CFO Patrick Pichette sold 290 Shares

On 07/14/2014, SVP and CFO Patrick Pichette sold 290 shares at an average price of $586.78. The price of the stock has decreased by 3.53% since. Google Inc has a market cap of $382.89 billion and its shares were traded at around $566.07. The company has a P/E ratio of 29.60 and P/S ratio of 6.18. Over the past 10 years, Google Inc had an annual average earnings growth of 33.30%. GuruFocus rated Google Inc the business predictability rank of 3-star.

Google Inc. announced their 2014 second quarter results with revenues of $15.96 billion and gross profit of $9.84 billion; the net income was 3.42 billion. The 2013 total revenue was $59.8 billion, a 19% increase from the 2012 total revenue. The 2013 gross profit was $34 billion, a 15% increase from the 2012 gross profit. The 2013 net income was $12.92 billion.

On 07/25/2014, Eric E Schmidt sold 92,630 shares at an average price of $566.07. The price of the stock has decreased by 2.2% since. On 07/18/2014, CEO, 10% Owner Lawrence Page sold 33,340 shares at an average price of $595.41. The price of the stock has decreased by 4.93% since. On 07/14/2014, SVP, Corporate Development David C Drummond sold 290 shares at an average price of $586.78. The price of the stock has increased by 1.41% since.

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

On 05/29/2014, CFO David A Ebersman sold 23,400 shares at an average price of $63.62. The price of the stock has increased by 13.74% since. Facebook Inc. has a market cap of $188.14 billion and its shares were traded at around $72.36. The company has a P/E ratio of 78.40 and P/S ratio of 18.65.

Facebook Inc. announced their 2014 second quarter results with revenues of $2.91 billion and gross profit of $2.44 billion; the net income was $788 million. The 2013 total revenue 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 07/29/2014, Director Peter Thiel sold 494,950 shares at an average price of $74.12. The price of the stock has decreased by 2.37% since. On 07/24/2014, Chief Accounting Officer Jas Athwal sold 10,000 shares at an average price of $75.94. The price of the stock has decreased by 4.71% since. On 07/24/2014, VP Marketing and Bus. Part. David B. Fischer sold 36,000 shares at an average price of $72.85. The price of the stock has decreased by 0.67% since.

Twitter Inc. (TWTR, Financial): CFO Mike Gupta sold 181,675 Shares

On 08/01/2014, CFO Mike Gupta sold 181,675 shares at an average price of $44.79. The price of the stock has decreased by 1.47% since. Twitter Inc has a market cap of $26.03 billion and its shares were traded at around $44.13. The company has a P/S ratio of 12.54.

Twitter Inc. announced their 2014 first quarter results with revenues of $250.49 million and gross profit of $165 million; the net income was $132.4 million. The 2013 total revenue was $664.89 million, a 110% increase from the 2012 total revenue. The 2013 gross profit was $398.17 million, a 112% increase from the 2012 gross profit. The 2013 net income was $645.32 million.

On 07/31/2014, CEO Richard Costolo sold 16,698 shares at an average price of $45.34. The price of the stock has decreased by 2.67% since. On 08/01/2014, VP, Finance and Accounting Off Luca Baratta sold 44,000 shares at an average price of $44.83. The price of the stock has decreased by 1.56% since. On 07/31/2014, President of Revenue Adam Bain sold 19,448 shares at an average price of $45.34. The price of the stock has decreased by 2.67% since.