According to GuruFocus Insider Data, the recent chief financial officer sells were: Twitter Inc. (TWTR, Financial) and Sarepta Therapeutics Inc. (SRPT, Financial).
Twitter CFO sold 6,000 shares
CFO Ned D. Segal sold 6,000 shares for $31.67 per share on Jan. 8. Since then, the stock price has risen 7.17%. Twitter has a market cap of $25.84 billion and its shares were traded around $33.94. The company has a price-earnings ratio of 25.14 and a price-sales ratio of 9.06.
Twitter announced its third-quarter results with revenue of $758.11 million and gross profit of $514.47 million, while net income was $789.18 million. The 2017 total revenue was $2.44 billion, a 3% decrease from 2016. The gross profit was $1.58 billion, a 4% decrease from the year prior. The net loss was $108.06 million. It will report fourth-quarter results on Feb. 7.Â
Director Evan Clark Williams sold 682,242 shares for $31.82 per share on Jan. 30. Since then, the stock price has increased 6.66%. Michael Montano, vice president of engineering, sold 1,250 shares for $32.97 per share on Jan. 22. Since then, the stock price has swelled 2.94%.
Sarepta Therapeutics CFO sold 65,000 shares
Executive Vice President, CFO and Chief Business Officer Sandesh Mahatme sold 65,000 shares for $130.23 per share on Jan. 31. Since then, the stock price has climbed 8.73%. Sarepta Therapeutics has a market cap of $9.46 billion and its shares were traded around $141.60. The company has a price-sales ratio of 33.67. Over the past five years, the company had an annual average earnings growth of 2.70%.
Sarepta Therapeutics announced its third-quarter results with revenue of $78.49 million and gross loss of $16.84 million, while the net loss was $76.39 million. The 2017 total revenue was $154.58 million, a 3% decrease from 2016. The gross loss was $18.69 million, a 4% decrease from the year prior. The net loss was $50.69 million. It will post third-quarter results on March 7.Â
Senior Vice President and Chief Commercial Officer Alexander Cumbo sold 15,000 shares for $140 per share on Feb. 1. Since then, the stock price has increased by 1.14%. Senior Vice President and General Counsel David T. Howton sold 30,000 shares for $140 per share on Feb. 1. Since then, the stock price has increased by 1.14%.
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