Weekly CFO Sells Highlight: Gilead Sciences, DexCom, and Palo Alto Networks

Gilead CFO sells 6,250 shares of the company

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Sep 13, 2015
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According to GuruFocus Insider Data, the recent CFO sales were: Gilead Sciences Inc. (GILD, Financial), DexCom Inc. (DXCM, Financial), and Palo Alto Networks Inc. (PANW, Financial).

Gilead Sciences Inc.: EVP, CFO Robin L Washington sold 6,250 shares

On Sept. 2, EVP and CFO Robin L Washington sold 6,250 shares at an average price of $102.2. The price of the stock has increased by 7.27%. Gilead Sciences Inc. has a market cap of $160.89 billion and its shares were traded at around $109.63.The company has a P/E ratio of 11.49 and P/S ratio of 5.97 with a dividend yield of 0.39%. Over the past five years, Gilead Sciences Inc. had an annual average earnings growth of 27.20%.

Gilead Sciences Inc. announced its 2015 second-quarter results with revenues of $8.24 billion and gross profit of $7.25 billion; the net income was $4.49 billion. The 2014 total revenue was $24.89 billion, a 122% increase from the 2013 total revenue. The 2014 gross profit was $21.10 billion, a 153% increase from the 2013 gross profit. The 2014 net income was $12.10 billion.

On Sept. 1, Chairman and CEO John C Martin sold 150,000 shares at an average price of $102.73. The price of the stock has increased by 6.72%. On Sept. 8, President and COO John F Milligan sold 100,000 shares at an average price of $103.39. The price of the stock has increased by 6.04%. On Sept. 1, EVP, Corp and Med Affairs Gregg H Alton sold 12,000 shares at an average price of $102.75. The price of the stock has increased by 6.7%.

DexCom Inc.: SVP and CFO Jess Roper sold 7,000 shares

On Aug. 18, SVP and CFO Jess Roper sold 7,000 shares at an average price of $97.29. The price of the stock has increased by 0.12%. DexCom Inc. has a market cap of $7.8 billion and its shares were traded at around $97.41. The company has a P/S ratio of 23.63.

DexCom Inc. announced its 2015 second-quarter results with revenues of $93.2 million and gross profit of $66 million; the net income was $3.7 million. The 2014 total revenue was $259.2 million, a 62% increase from the 2013 total revenue. The 2014 gross profit was $176.3 million, a 76% increase from the 2013 gross profit. The 2014 net income was $22.4 million.

On Aug. 14, President and CEO Kevin R Sayer sold 35,000 shares at an average price of $97.41. The price of the stock has decreased by 0%. On Sept. 10, Executive Chairman Terrance H Gregg sold 62,501 shares at an average price of $95.91. The price of the stock has increased by 1.56%. On Sept. 9, Director Jonathan T Lord sold 10,000 shares at an average price of $90.96. The price of the stock has increased by 7.09%.

Palo Alto Networks Inc.: CFO Steffan Tomlinson sold 60,000 shares

On Sept. 9, CFO Steffan Tomlinson sold 60,000 shares at an average price of $164.88. The price of the stock has increased by 7.59%. Palo Alto Networks Inc. has a market cap of $14.84 billion and its shares were traded at around $177.39. The company has a P/S ratio of 17.27.

Palo Alto Networks Inc. announced its 2015 second-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 51% increase from the 2013 gross profit. The 2014 net income was $226.45 million.

On Aug. 14, President and CEO Mark D Mclaughlin sold 10,000 shares at an average price of $171.52. The price of the stock has increased by 3.42%. On Sept. 8, CTO Nir Zuk sold 30,000 shares at an average price of $164.49. The price of the stock has increased by 7.84%. On July 21, Chief Marketing Officer Rene Bonvanie sold 221 shares at an average price of $190.6. The price of the stock has decreased by 6.93%.