According to GuruFocus Insider Data, the recent CFO sales were: Adobe Systems Inc. (ADBE, Financial), Gilead Sciences Inc. (GILD, Financial) and Alphabet Inc. (GOOG, Financial).
Adobe Systems Inc.: EVP, CFO and Asst. Secretary Mark Garrett sold 26,899 shares
On Aug. 17 EVP, CFO and Asst. Secretary Mark Garrett sold 26,899 shares at an average price of $86.49. The price of the stock has increased by 0.91%. Adobe Systems has a market cap of $43.54 billion and its shares were traded at around $87.28. The company has a P/E ratio of 89.67 and P/S ratio of 9.70. Over the past 10 years, Adobe Systems had an annual average earnings growth of 2.40%.
Adobe Systems announced its 2015 third-quarter results with revenues of $1.22 billion and gross profit of $1.03 billion; the net income was $174.47 million. The 2014 total revenue was $4.15 billion, a 2% increase from the 2013 total revenue. The 2014 gross profit was $3.52 billion, a 2% increase from the 2013 gross profit. The 2014 net income was $268.40 million.
On Oct. 1 President and CEO Shantanu Narayen sold 22,422 shares at an average price of $82.12. The price of the stock has increased by 6.28%. On Ă‚ Oct. 15 Director James E. Daley sold 5,000 shares at an average price of $86. The price of the stock has increased by 1.49%. On Oct. 14 SVP, Chief Marketing Officer Ann Lewnes sold 4,000 shares at an average price of $84. The price of the stock has increased by 3.9%.
Gilead Sciences Inc.: EVP and 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 0.51%. Gilead Sciences has a market cap of $150.75 billion, and its shares were traded at around $102.72. The company has a P/E ratio of 10.80 and P/S ratio of 5.56 with a dividend yield of 0.84%. 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 Oct. 1 Chairman and CEO John C. Martin sold 150,000 shares at an average price of $97.48. The price of the stock has increased by 5.38%. On Oct. 15, EVP, R&D and CSO Norbert W. Bischofberger sold 70,000 shares at an average price of $100.05. The price of the stock has increased by 2.67%. On Oct. 7 President and COO John F Milligan sold 100,000 shares at an average price of $99.22. The price of the stock has increased by 3.53%.
Alphabet 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 24.68%. Alphabet has a market cap of $455.71 billion and its shares were traded at around $664.75. The company has a P/E ratio of 33.01 and P/S ratio of 6.91. Over the past 10 years, Alphabet had an annual average earnings growth of 31.00%. GuruFocus rated Alphabet the business predictability rank of 3-star.
Alphabet 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 Sept. 25 CEO and 10% owner Lawrence Page sold 16,670 shares at an average price of $620.42. The price of the stock has increased by 7.15%. On Oct. 15 Director L. John Doerr sold 5,056 shares at an average price of $659.39. The price of the stock has increased by 0.81%. On Oct. 12 SVP, Corporate Development David C. Drummond sold 5,290 shares at an average price of $655.64. The price of the stock has increased by 1.39%.
