According to GuruFocus Insider Data, the recent Chief Financial Officer (CFO) sells were for Zoom Video Communications Inc. (ZM, Financial), Twilio Inc. (TWLO, Financial) and Datadog Inc. (DDOG, Financial).
Zoom Video Communications Inc. CFO Kelly Steckelberg sold 11,067 shares
CFO Kelly Steckelberg sold 11,067 shares for $169.97 per share on May 19. Since then, the stock price has increased by 23.45%. Zoom Video Communications Inc. has a market cap of $59.16 billion and its shares were traded around $209.83. The company has a price-earnings ratio of 1234.28 and price-sales ratio of 74.33.
Zoom Video Communications announced its second-quarter results with revenue of $328.17 million and gross profit of $224.46 million. The 2020 total revenue was $622.66 million, an 88% increase from 2019. The gross profit was $507.26 million, an 88% increase from the year prior.
CEO and 10% Owner Eric S. Yuan sold 140,286 shares for $164.58 per share on May 12. Since then, the stock price has increased by 27.49%.
Director Carl M. Eschenbach sold 380,967 shares for $214.29 per share on June 4. Since then, the stock price has decreased by 2.08%.
Chief Legal Officer Aparna Bawa sold 7,500 shares for $168 per share on May 12. Since then, the stock price has increased by 24.9%.
Chief Marketing Officer Janine Pelosi sold 9,375 shares for $162.46 per share on May 11. Since then, the stock price has increased by 29.16%.
Twilio Inc. CFO Khozema Shipchandler sold 6,669 shares
CFO Khozema Shipchandler sold 6,669 shares for $189.72 per share on May 20. Since then, the stock price has increased by 3.69%. Twilio Inc. has a market cap of $27.55 billion and its shares were traded around $196.73. The company has a price-sales ratio of 21.11.
Twilio announced its first-quarter results with revenue of $364.87 million and gross profit of $193.54 million, while the net loss was $94.79 million. The 2019 total revenue was $1.13 billion, a 74% increase from 2018. The gross profit was $608.92 million, a 74% increase from the year prior. The net loss was $307.06 million.
CEO and 10% Owner Jeff Lawson sold 35,000 shares for $187.80 per share on May 15. Since then, the stock price has increased by 4.76%.
Chief Operating Officer George Hu sold 70,000 shares for $200.13 per share on June 4. Since then, the stock price has decreased by 1.7%.
Director Erika Rottenberg sold 2,500 shares for $200.17 per share on May 22. Since then, the stock price has decreased by 1.72%.
General Counsel and Secretary Karyn Smith sold 1,579 shares for $187.12 per share on May 20. Since then, the stock price has increased by 5.14%.
Datadog Inc. CFO David M Ob.stler sold 20,000 shares
CFO David M. Obstler sold 20,000 shares for $71.70 per share on June 3. Since then, the stock price has increased by 6.75%. Datadog Inc. has a market cap of $22.91 billion and its shares were traded around $76.54. The company has a price-sales ratio of 38.40.
Datadog Inc. announced its first-quarter results with revenue of $131.25 million and gross profit of $104.77 million, while the net income was $6.48 million. The 2019 total revenue was $362.78 million, an 83% increase from 2018. The gross profit was $273.83 million, an 81% increase from the year prior. The net loss was $16.71 million.
CEO Olivier Pomel sold 344,200 shares for $70.41 per share on June 1. Since then, the stock price has increased by 8.71%.
President and Chief Technical Officer Alexis Le-Quoc sold 384,200 shares for $70.41 per share on June 1. Since then, the stock price has increased by 8.71%.
Chief Product Officer Amit Agarwal sold 41,998 shares for $70.65 per share on May 26. Since then, the stock price has increased by 8.34%.
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