Weekly CFO Sells Highlight: Facebook, Public Storage, Gilead Sciences

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Aug 17, 2015

According to GuruFocus Insider Data, the recent CFO sales were: Facebook Inc. (FB, Financial), Public Storage (PSA, Financial), and Gilead Sciences Inc. (GILD, Financial).

Facebook Inc.: CFO David M. Wehner sold 4,613 shares

On 06/23/2015, CFO David M. Wehner sold 4,613 shares at an average price of $85. The price of the stock has increased by 11.08%. Facebook Inc. has a market cap of $266.03 billion and its shares were traded at around $94.42. The company has a P/E ratio of 96.50 and P/S ratio of 17.98.

Facebook Inc. announced its 2015 second-quarter results with revenues of $4.04 billion and gross profit of $3.37 billion; the net income was $715 million. The 2014 total revenue was $12.47 billion, a 58% increase from the 2013 total revenue. The 2014 gross profit was $10.31 billion, a 72% increase from the 2013 gross profit. The 2014 net income was $2.93 billion.

On 08/11/2015, VP, Gen. Counsel and Secretary Colin Stretch sold 1,000 shares at an average price of $93.75. The price of the stock has increased by 0.71%. On 08/11/2015, Director Peter Thiel sold 1,072,033 shares at an average price of $93.66. The price of the stock has increased by 0.81%. On 08/03/2015, Chief Technology Officer Michael Todd Schroepfer sold 100,000 shares at an average price of $94.41. The price of the stock has increased by 0.01%.

Public Storage (PSA, Financial): Senior Vice President and CFO John Reyes sold 50,000 shares

On 08/07/2015, Senior Vice President and CFO John Reyes sold 50,000 shares at an average price of $209.02. The price of the stock has increased by 2.25%. Public Storage has a market cap of $36.97 billion and its shares were traded at around $213.73. The company has a P/E ratio of 37.30 and P/S ratio of 16.11 with a dividend yield of 2.76%. Over the past 10 years, Public Storage had an annual average earnings growth of 6.40%. GuruFocus rated Public Storage the business predictability rank of 5-star.

Public Storage announced its 2015 second-quarter results with revenues of $592.63 million and gross profit of $430.40 million; the net income was $326.41 million. The 2014 total revenue was $2.20 billion, an 11% increase from the 2013 total revenue. The 2014 gross profit was $1.58 million, an 11% increase from the 2013 gross profit. The 2014 net income was $1.14 billion.

On 08/12/2015, Chairman and CEO Ronald L. Havner Jr sold 17,666 shares at an average price of $209.5. The price of the stock has increased by 2.02%. On 03/16/2015, Director Gary E. Pruitt bought 2,000 shares at an average price of $190.37. The price of the stock has increased by 12.27%. On 03/16/2015, Director Avedick Baruyr Poladian bought 2,000 shares at an average price of $189.14. The price of the stock has increased by 13%.

Gilead Sciences Inc.: EVP, CFO Robin L. Washington sold 16,842 shares

On 05/01/2015, EVP, CFO Robin L. Washington sold 16,842 shares at an average price of $105.06. The price of the stock has increased by 10.03%. Gilead Sciences Inc. has a market cap of $169.66 billion, and its shares were traded at around $115.60. The company has a P/E ratio of 12.10 and P/S ratio of 6.27 with a dividend yield of 0.37%. Over the past five years, Gilead Sciences Inc. had an annual average earnings growth of 27.20%.

Gilead Sciences Inc. 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 08/03/2015, Chairman and CEO John C Martin sold 150,000 shares at an average price of $119.18. The price of the stock has decreased by 3%. On 08/07/2015, President and COO John F Milligan sold 100,000 shares at an average price of $113.94. The price of the stock has increased by 1.46%. On 08/03/2015, EVP Commercial Ops Paul Rutherford Carter sold 5,000 shares at an average price of $119.18. The price of the stock has decreased by 3%.