According to GuruFocus' Insider Data, recent CFO sales involved: Delta Air Lines Inc. (DAL, Financial), Palo Alto Networks Inc. (PANW, Financial) and Equity Residential (EQR, Financial).
Delta Air Lines: EVP and CFO Paul A. Jacobson sold 7,000 shares
On Dec. 23, EVP and CFO Paul A. Jacobson sold 7,000 shares at an average price of $51.74. The price of the stock has increased by 1.01%. Delta Air Lines has a market cap of $41.1 billion, and its shares were traded at around $52.26. The company has a P/E ratio of 14.90 and P/S ratio of 1.04 with a dividend yield of 0.86%. Over the past five years, Delta Air Lines had an annual average earnings growth of 29.80%.
Delta Air Lines announced its 2015 third-quarter results with revenues of $11.11 billion and gross profit of $6.55 billion; the net income was $1.32 billion. The 2014 total revenue was $40.36 billion, a 7% increase from the 2013 total revenue. The 2014 gross profit was $17.40 billion, a 3% increase from the 2013 gross profit. The 2014 net income was $659 million.
On Aug. 24, CEO Richard H. Anderson sold 75,000 shares at an average price of $42.52. The price of the stock has increased by 22.91%. On Dec. 21, Director Francis S. Blake bought 4,915 shares at an average price of $50.83. The price of the stock has increased by 2.81%.
Palo Alto Networks: CFO Steffan Tomlinson sold 58,595 shares
On Dec. 21, CFO Steffan Tomlinson sold 58,595 shares at an average price of $179.97. The price of the stock has decreased by 0.69%. Palo Alto Networks has a market cap of $15.35 billion, and its shares were traded at around $178.73. The company has a P/S ratio of 14.41.
Palo Alto Networks announced its 2015 fourth-quarter results with revenues of $297.2 million and gross profit of $218 million while the net income was $38.7 million. The 2015 total revenue was $928.05 million, a 55% increase from the 2014 total revenue. The 2015 gross profit was $676.55 million, a 54% increase from the 2014 gross profit. The 2015 net income was $164.98 million.
On Dec. 21, President and CEO Mark D. McLaughlin sold 4,413 shares at an average price of $180.26. The price of the stock has decreased by 0.85%. On Dec. 22, EVP of WW Field Ops Mark Anderson sold 4,167 shares at an average price of $181.35. The price of the stock has decreased by 1.44%. On Dec. 21, Chief Marketing Officer Rene Bonvanie sold 4,413 shares at an average price of $180.26. The price of the stock has decreased by 0.85%.
Equity Residential: Executive Vice President and CFO Mark J. Parrell sold 27,894 shares
On Oct. 27, Executive Vice President and CFO Mark J. Parrell sold 27,894 shares at an average price of $80.29. The price of the stock has increased by 0.72%. Equity Residential has a market cap of $29.46 billion, and its shares were traded at around $80.87. The company has a P/E ratio of 34.10 and P/S ratio of 11.37 with a dividend yield of 2.73%. Over the past 10 years, Equity Residential had an annual average earnings growth of 2.50%.
Equity Residential announced its 2015 third-quarter results with revenues of $696.29 million and gross profit of $468.85 million; the net income was $196.70 million. The 2014 total revenue was $2.61 billion, a 10% increase from the 2013 total revenue. The 2014 gross profit was $1.73 billion, an 11% increase from the 2013 gross profit. The 2014 net income was $631.31 million.
On Dec. 17, President and CEO David J. Neithercut sold 118,558 shares at an average price of $80.04. The price of the stock has increased by 1.04%. On Dec. 22, Executive Vice President and CIO Alan W. George sold 25,000 shares at an average price of $81. The price of the stock has decreased by 0.16%. On Dec. 22, Director John W. Alexander sold 16,491 shares at an average price of $80.08. The price of the stock has increased by 0.99%.
