Weekly Insider Sells Highlight: RCPT, PANW, FEYE, WDAY

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Jun 20, 2015

According to GuruFocus Insider Data, the largest insider sells during the past week were: Receptos Inc, Palo Alto Networks Inc, FireEye Inc, and Workday Inc.

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

Receptos Inc (RCPT, Financial): Director S. Edward Torres sold 220,000 Shares

Director S. Edward Torres sold 220,000 shares of RCPT stock on 06/16/2015 at the average price of $178.99. S. Edward Torres owns at least 672,961 shares after this. The price of the stock has increased by 3.93% since.

Receptos Inc was incorporated in the state of Delaware on September 26, 2008 under the name Receptor Pharmaceuticals, Inc. Receptos Inc has a market cap of $5.87 billion; its shares were traded at around $186.03.

The company has released its first quarter 2015 results. Net loss for the period was $40.3 million, or $1.29 per share, compared to net loss of $21.5 million, or $1.01 per share for the same period last year. R&D expenses were $36 million for the first quarter.

Palo Alto Networks Inc (PANW, Financial): CFO Steffan Tomlinson sold 60,000 Shares

CFO Steffan Tomlinson sold 60,000 shares of PANW stock on 06/16/2015 at the average price of $176.33. Steffan Tomlinson owns at least 99,605 shares after this. The price of the stock has increased by 4.4% since.

Palo Alto Networks Inc has a market cap of $15.4 billion; its shares were traded at around $184.08 with a P/S ratio of 17.92.

Palo Alto Networks Inc. recently released its third quarter 2015 results ended April 30, 2015. Total revenue during this period was $234.2 million – 55% higher than in the same period of 2014. GAAP net loss was $45.9 million, while non-GAAP net income was $20.5 million compared to $8.7 million last year.

President & CEO Mark D Mclaughlin sold 95,000 shares of PANW stock on 06/10/2015 at the average price of $173.62. SVP Mark Anderson and multiple other insiders have also recently sold shares of PANW stock.

FireEye Inc (FEYE, Financial): Chief Strategy Officer Ashar Aziz sold 188,434 Shares

Chief Strategy Officer Ashar Aziz sold 188,434 shares of FEYE stock on 06/18/2015 at the average price of $54.39. Ashar Aziz owns at least 8,549,876 shares after this. The price of the stock has decreased by 1.36% since.

FireEye Inc has a market cap of $8.39 billion; its shares were traded at around $53.65 with a P/S ratio of 16.49.

For its first quarter of 2015, FireEye Inc reported revenue of $125.4 million, an increase of 69% over the first quarter of 2014. GAAP net loss for the first quarter of 2015 was $134 million, or $0.88 per share, compared to net loss of $101.2 million, or $0.76 per share in the prior year quarter. Cash flow from operations was a negative $3.2 million, compared to a negative $22.6 million in the year-ago quarter. First quarter billings improved 53% to $151.6 million.

SVP and General Counsel Alexa King and Director Robert F Lentz both also sold shares of FEYE stock.

Workday Inc (WDAY, Financial): Vice Chairman Michael A. Stankey sold 94,000 Shares

Vice Chairman of Workday Inc (WDAY, Financial) Michael A. Stankey sold 94,000 shares on 06/17/2015 at an average price of $79.97.

Workday Inc has a market cap of $15.27 billion; its shares were traded at around $79.97 with a P/S ratio of 16.81.

For its fiscal first quarter 2016 ended April 30, 2015, Workday Inc. announced total revenues of $251 million – an increase of 57% year-over-year. Net loss per diluted share was $0.33 compared to a loss of $0.32 in the year-ago period. Operating cash flows for the quarter were $94.1 million and free cash flows were $63.9 million. Operating loss for the quarter was $53.4 million.

Co-President & CFO Mark S Peek sold 40,000 shares of WDAY stock on 06/17/2015 at the average price of $79.28. Director A George Battle sold 12,500 shares of WDAY stock on 06/11/2015 at the average price of $80.01.

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