Weekly CFO Sells Highlight: Gilead Sciences, Coty, Google

GuruFocus Insider Data identifies recent CFO sales

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Sep 21, 2015
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According to GuruFocus Insider Data, the recent CFO sales were: Gilead Sciences Inc. (GILD, Financial), Coty Inc. (COTY, Financial) and Google Inc. (GOOG, Financial).

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

On Sept. 2 EVP/CFO Robin L. Washington sold 6,250 shares at an average price of $102.2. The price of the stock has increased by 6.11%. Gilead Sciences has a market cap of $159.15 billion and its shares were traded at around $108.44. The company has P/E ratio of 11.40 and P/S ratio of 5.88 with a dividend yield of 0.79%. Over the past five years, Gilead Sciences had an annual average earnings growth of 27.20%.

Gilead Sciences 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 5.56%. On Sept. 15 EVP, Corp. and Med. Affairs Gregg H. Alton sold 5,000 shares at an average price of $110. The price of the stock has decreased by 1.42%. On Sept. 15 Director John Francis Cogan sold 15,000 shares for an average price of $110. The price of the stock has decreased by 1.42%.

Coty Inc.: CFO Patrice De Talhouet bought 17,569 shares

On April 15 CFO Patrice De Talhouet bought 17,569 shares at an average price of $24.86. The price of the stock has increased by 13.88%. Coty has a market cap of $10.22 billion and its shares were traded at around $28.31. The company has a P/E ratio of 43.80 and P/S ratio of 2.34 with a dividend yield of 0.71%.

Coty announced its 2015 second-quarter results with revenues of $1.02 billion and gross profit of $605.4 million; the net income was $21 million. The 2015 total revenue was $4.40 billion, a 66% increase from the 2014 total revenue. The 2015 gross profit was $2.64 billion, a 2% decrease from the 2014 gross profit. The 2015 net income was $232.5 million.

On Sept. 17 10% Owner Cosmetics B.V. Jab bought 590,100 shares at an average price of $28.86. The price of the stock has decreased by 1.91%. On Sept. 14 Jab bought 612,300 shares at an average price of $28.6. The price of the stock has decreased by 1.01%.

Google Inc.: SVP and CFO Patrick Pichette sold 290 shares

On May 12 SVP and CFO Patrick Pichette sold 290 shares at an average price of $533.16. The price of the stock has increased by 18.02%. Google has a market cap of $431.37 billion and its shares were traded at around $629.25. The company has a P/E ratio of 31.30 and P/S ratio of 6.54. Over the past 10 years, Google had an annual average earnings growth of 31.00%. GuruFocus rated Google the business predictability rank of 3-star.

Google Inc. announced its 2015 second-quarter results with revenues of $17.73 billion and gross profit of $11.14 billion; the net income was $3.93 billion. The 2014 total revenue was $66 billion, a 19% increase from the 2013 total revenue. The 2014 gross profit was $40.69 billion, a 21% increase from the 2013 gross profit. The 2014 net income was $14.44 billion.

On Aug. 21 CEO and 10% owner Lawrence Page sold 16,670 shares for an average price of $660.59. The price of the stock has decreased by 4.74%. On Sept. 15 Director L. John Doerr sold 5,269 shares at an average price of $632.74. The price of the stock has decreased by 0.55%. On Sept. 14 SVP, Corporate Development David C. Drummond sold 5,290 shares at an average price of $640.67. The price of the stock has decreased by 1.78%.