Weekly CFO Sells Highlight: Avago Technologies Ltd, Palo Alto Networks Inc, Workday Inc.

Author's Avatar
Jun 21, 2015

According to GuruFocus Insider Data, the recent CFO sells were: Avago Technologies Ltd (AVGO, Financial), Palo Alto Networks Inc. (PANW, Financial), and Workday Inc. (WDAY, Financial).

Avago Technologies Ltd (AVGO, Financial): SVP and CFO Anthony E. Maslowski sold 5,000 shares

On 06/17/2015, SVP and CFO Anthony E. Maslowski sold 5,000 shares at an average price of $141.5. The price of the stock has increased by 0.98%. Avago Technologies Ltd has a market cap of $37.11 billion and its shares were traded at around $142.89. The company has a P/E ratio of 61.90 and P/S ratio of 6.54 with a dividend yield 1.01%. Over the past 5 years, Avago Technologies Ltd had an annual average earnings growth of 25.90%.

Avago Technologies Ltd announced its 2015 first quarter results with revenues of $1.61 billion and gross profit of $846 million; the net income was $344 million. The 2014 total revenue was $4.27 billion, a 69% increase from the 2013 total revenue. The 2014 gross profit was $1.88 billion, a 57% increase from the 2013 gross profit. The 2014 net income was $263 million.

On 06/05/2015, President and CEO Hock E Tan sold 105,730 shares at an average price of $142.2. The price of the stock has increased by 0.49%. On 06/18/2015, COO Bryan Ingram sold 60,219 shares at an average price of $141.69. The price of the stock has increased by 0.85%. On 06/10/2015, SVP WORLDWIDE SALES Charlie B Kawwas sold 4,942 shares at an average price of $140.58. The price of the stock has increased by 1.64%.

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

On 06/16/2015, CFO Steffan Tomlinson sold 60,000 shares at an average price of $176.33. The price of the stock has increased by 4.4%. Palo Alto Networks Inc. has a market cap of $15.4 billion and its shares were traded at around $184.08. The company has a P/S ratio of 17.92.

Palo Alto Networks Inc. announced its 2015 first quarter results with revenues of $234.17 million and gross profit of $169.78 million; the net income was $45.94 million. The 2014 total revenue was $598.18 million, a 51% increase from the 2013 total revenue. The 2014 gross profit was $438.55 million, a 53% increase from the 2013 gross profit. The 2014 net income was $226.45 million.

On 06/10/2015, President and CEO Mark D Mclaughlin sold 95,000 shares at an average price of $173.62. The price of the stock has increased by 6.02%. On 06/09/2015, SVP of WW Field Ops Mark Anderson sold 46,015 shares at an average price of $171.11. The price of the stock has increased by 7.58%. On 06/05/2015, CTO Nir Zuk sold 30,000 shares at an average price of $172.51. The price of the stock has increased by 6.71%.

Workday Inc. (WDAY, Financial): Co-President and CFO Mark S Peek sold 40,000 shares

On 06/17/2015, Co-President and CFO Mark S Peek sold 40,000 shares at an average price of $79.28. The price of the stock has increased by 0.87%. Workday Inc. has a market cap of $15.27 billion and its shares were traded at around $79.97. The company has a P/S ratio of 16.81.

Workday Inc. announced its 2015 second quarter results with revenues of $250.96 million and gross profit of $173.04 million; the net income was $61.56 million. The 2015 total revenue was $787.86 million, a 68% increase from the 2014 total revenue. The 2015 gross profit was $523.06 million, a 79% increase from the 2014 gross profit. The 2015 net income was $247.98 million.

On 06/04/2015, CEO Aneel Bhusri sold 84,062 shares at an average price of $79.81. The price of the stock has increased by 0.2%. On 06/17/2015, Vice Chairman Michael A. Stankey sold 94,000 shares at an average price of $79.06. The price of the stock has increased by 1.15%. On 06/11/2015, Director A George Battle sold 12,500 shares at an average price of $80.01. The price of the stock has decreased by 0.05%.