According to GuruFocus insider data, the recent chief financial officer sells were Okta Inc. (OKTA, Financial) and Dell Technologies Inc. (DELL, Financial).
Okta CFO sold 20,000 shares
CFO William E. Losch sold 20,000 shares for $116.83 per share on Oct. 14. Since then, the share price has decreased by 13.32%. Okta has a market cap of $12.13 billion and its shares were traded around $101.27. The company has a price-sales ratio of 23.15.
Okta announced its third-quarter results with revenue of $140.48 million and gross profit of $101.70 million, while the net loss was $42.98 million. The 2019 total revenue was $399.25 million, a 54% increase from 2018. The gross profit was $285.83 million, a 59% increase from the year prior. The net loss was $125.50 million.
Director Benjamin A. Horowitz sold 48,899 shares of Okta for $115.77 per share on Oct. 15. Since then, the stock has declined 12.52%. Charles Race sold 50,000 shares for $116.47 per share on Oct. 10. Since then, shares have tumbled 13.05%.
Dell Technologies CFO sold 100,000 shares
CFO Thomas W. Sweet sold 100,000 shares for $50.51 per share on Oct. 16. Since then, the share price has decreased by 0.83%. Dell Technologies has a market cap of $36.3 billion and its shares were traded around $50.09. The company has a price-earnings ratio of 15.56 and a price-sales ratio of 0.40.
Dell Technologies announced its third-quarter results with $23.37 billion in revenue and a gross profit of $7.33 billion, while the net income was $3.69 billion. The 2019 total revenue was $90.62 billion, a 15% increase from 2018. The gross profit was $25.05 billion, a 25% increase from the year prior. The net loss was $2.31 billion.
Chief Marketing Officer Allison Dew sold 4,926 shares for $50.66 per share on Oct. 17. Since then, the stock has slid 1.13%. President of Services and Digital Howard D. Elias sold 7,702 shares for $50.35 per share on Oct. 15. Since then, the stock has decreased by 0.52%. President and Chief Commercial Officer Marius Haas sold 167,275 shares for $51.88 per share on Oct. 1. Since then, the shares have declined 3.45%.
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