According to GuruFocus insider data, the recent CFO buys were Infinera Corp. (INFN, Financial), Sequenom Inc. (SQNM, Financial) and Pandora Media Inc. (P, Financial).
Infinera Corp. (INFN, Financial): CFO Brad Feller bought 25,000 shares
On May 3, Feller bought 25,000 shares at an average price of $11.75. The price of the stock has increased by 2.13%. Infinera has a market cap of $1.7 billion and its shares were traded around $12.00. The company has a P/E ratio of 33.33 and P/S ratio of 1.83.
Infinera announced its 2015 fourth-quarter results with revenues of $260 million and gross profit of $115.76 million, while the net income was $12.63 million. The 2015 total revenue was $886.71 million, a 33% increase from the 2014 total revenue. The 2015 gross profit was $403.48 million, a 40% increase from the 2014 gross profit. The 2015 net income was $51.41 million.
On May 3, CEO Thomas J Fallon bought 100,000 shares at an average price of $11.95. The price of the stock has increased by 0.42%. On Dec. 4, Senior VP and General Counsel James Laufman sold 5,000 shares at an average price of $22.3. The price of the stock has decreased by 46.19%.
Sequenom Inc. (SQNM, Financial): SVP and CFO Carolyn Beaver bought 30,000 shares
On May 6, Beaver bought 30,000 shares at an average price of $1.14. The price of the stock has decreased by 4.39%. Sequenom Inc. has a market cap of $129.915 million and its shares were traded around $1.09. The company has a P/S ratio of 1.06.
Sequenom announced its 2015 fourth-quarter results with revenues of $27.81 million and gross profit of $11.83 million, while the net loss was $12.16 million. The 2015 total revenue was $128.28 million, a 15% decrease from the 2014 total revenue. The 2015 gross profit was $61.33 million, a 10% decrease from the 2014 gross profit. The 2015 net loss was $16.33 million.
On May 6, President and CEO Den Boom Dirk Van bought 30,000 shares at an average price of $1.13. The price of the stock has decreased by 3.54%. On May 6, Senior VP, GC and Secretary Jeffrey D Linton bought 10,000 shares at an average price of $1.15. The price of the stock has decreased by 5.22%. On Jan. 4, 10% owner Capital Management bought 665,435 shares at an average price of $1.62. The price of the stock has decreased by 32.72%.
Pandora Media Inc. (P, Financial): President and CFO Michael S Herring bought 50,000 shares
On May 2, Herring bought 50,000 shares at an average price of $9.21. The price of the stock has increased by 4.99%. Pandora Media Inc. has a market cap of $2.21 billion and its shares were traded around $9.67. The company has a P/S ratio of 1.69.
Pandora Media announced its 2016 first-quarter results with revenues of $297.31 million and gross profit of $90.40 million, while the net loss was $115.10 million. The 2015 total revenue was $1.16 billion, a 26% increase from the 2014 total revenue. The 2015 gross profit was $466.7 million, a 13% increase from the 2014 gross profit. The 2015 net loss was $169.66 million.
On March 21, Director Michael Riley bought 25,000 shares at an average price of $2.6. On Feb. 24, Senior Officer Heather Maura Lendon bought 2,000 shares at an average price of $2.37. On May 2, Chief Technology Officer Christopher Douglas Martin sold 2,000 shares at an average price of $9.87. The price of the stock has decreased by 2.03%.
