Weekly CFO Sells Highlight: Apple Inc, Facebook Inc, Palo Alto Networks Inc.

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Sep 28, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Apple Inc, Facebook Inc, and Palo Alto Networks Inc.

Apple Inc. (AAPL, Financial): Senior Vice President, CFO Luca Maestri sold 12,274 Shares

On 09/10/2014, Senior Vice President, CFO Luca Maestri sold 12,274 shares at an average price of $99.79. The price of the stock has decreased by 0.4% since. Apple Inc. has a market cap of $603.28 billion and its shares were traded at around $99.39. The company has a P/E ratio of 16.10 and P/S ratio of 3.47 with a dividend yield of 1.80%. Over the past 10 years, Apple Inc had an annual average earnings growth of 63.40%. GuruFocus rated Apple Inc the business predictability rank of 4.5-star.

Apple Inc. announced their 2014 second quarter results with revenues of $37.4 billion and gross profit of $14.7 billion; the net income was $7.75 billion. The 2013 total revenue was $170.9 billion, a 9% increase from the 2012 total revenue. The 2013 gross profit was $64.3 billion, a 6% decrease from the 2012 gross profit. The 2013 net income was $37 billion.

On 09/22/2014, CEO Timothy D Cook sold 348,425 shares at an average price of $101.17. The price of the stock has decreased by 1.76% since. On 09/22/2014, Senior Vice President Philip W Schiller sold 348,846 shares at an average price of $101.06. The price of the stock has decreased by 1.65% since. On 09/22/2014, Senior Vice President Jeffrey E Williams sold 348,846 shares at an average price of $101. The price of the stock has decreased by 1.59% since.

Facebook Inc. (FB, Financial): CFO David M Wehner sold 11,533 Shares

On 08/20/2014, CFO David M Wehner sold 11,533 shares at an average price of $74.96. The price of the stock has increased by 4.31% since. Facebook Inc. has a market cap of $204.86 billion and its shares were traded at around $78.19. The company has a P/E ratio of 84.70 and P/S ratio of 20.15.

Facebook Inc. announced their 2014 second quarter results with revenues of $2.91 billion and gross profit of $2.44 billion; the net income was $788 million. The 2013 total revenue was $7.87 billion, a 55% increase from the 2012 total revenue. The 2013 gross profit was $6 billion, a 61% increase from the 2012 gross profit. The 2013 net income was $1.5 billion.

On 09/24/2014, COO Sheryl Sandberg sold 283,334 shares at an average price of $78.17. The price of the stock has increased by 0.03% since. On 09/22/2014, Chief Technology Officer Michael Todd Schroepfer sold 35,000 shares at an average price of $77. The price of the stock has increased by 1.55% since. On 09/18/2014, VP Marketing and Bus. Part. David B. Fischer sold 36,000 shares at an average price of $76.64. The price of the stock has increased by 2.02% since.

Palo Alto Networks Inc. (PANW, Financial): CFO Steffan Tomlinson sold 232 Shares

On 07/22/2014, CFO Steffan Tomlinson sold 232 shares at an average price of $79.96. The price of the stock has increased by 21.61% since. Palo Alto Networks Inc. has a market cap of $7.8 billion and its shares were traded at around $97.24. The company has a P/S ratio of 12.11.

Palo Alto Networks Inc. announced their 2014 third quarter results with revenues of $178.2 million and gross profit of $129.6 million; the net income was $32 million. The 2014 total revenue was $598.2 million, a 51% increase from the 2013 total revenue. The 2014 gross profit was $438.6 million, a 53% increase from the 2013 gross profit. The 2014 net income was $226.5 million.

On 09/23/2014, President and CEO Mark D Mclaughlin sold 75,000 shares at an average price of $96.71. The price of the stock has increased by 0.55% since. On 09/22/2014, SVP of WW Field Ops Mark Anderson sold 90,000 shares at an average price of $98.28. The price of the stock has decreased by 1.06% since. On 09/12/2014, Chief Marketing Officer Rene Bonvanie sold 112,500 shares at an average price of $99.59. The price of the stock has decreased by 2.36% since.