Weekly CFO Sells Highlight: Intercept Pharmaceuticals Inc., Micron Technology Inc., Facebook Inc.

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Apr 14, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Intercept Pharmaceuticals Inc., Micron Technology Inc. and Facebook Inc.

Intercept Pharmaceuticals Inc. (ICPT, Financial): CFO Barbara Gayle Duncan Sold 5,625 Shares

On 01/15/2014, CFO Barabara Gayla Duncan sold 5,625 shares at an average price of $273.68. The price of the stock has decreased by 2.8% since. Intercept Pharmaceuticals Inc has a market cap of $5.19 billion and its shares were traded at around $266.01. The company has a P/S ratio of 3325.13.

Intercept Pharmaceuticals Inc announced their 2013 fourth quarter results with revenues and gross profit of $405 thousand; the net income was $12.4 million. The 2013 total revenue and gross profit was $1.6 million, a 34% decrease from the 2012 total revenue. The 2013 net income was $67.8 million.

On 01/16/2014, President and CEO Mark Pruzanski sold 10,000 shares at an average price of $273.68. The price of the stock has decreased by 2.8% since. On 04/10/2014, Director, 10% Owner Lorenzo Tallarigo sold 349,318 shares at an average price of $317.71. The price of the stock has decreased by 16.27% since. On 04/10/2014, 10% Owner S.p.a. Genextra sold 349,318 shares at an average price of $317.71. The price of the stock has decreased by 16.27% since.

Micron Technology Inc. (MU, Financial): CFO and VP of Finance Ronald C. Foster Sold 20,000 Shares

On 04/09/2014, CFO and VP of Finance Ronald C. Foster sold 20,000 shares at an average price of $22.58. The price of the stock has decreased by 6.42% since. Micron Technology Inc. has a market cap of $22.62 billion and its shares were traded at around $21.13. The company has a P/E ratio of 13.90 and P/S ratio of 2.10. Over the past 10 years, Micron Technology Inc. had an annual average earnings growth of 1.60%. GuruFocus rated Micron Technology Inc. the business predictability rank of 3-star.

Micron Technology Inc. announced their 2014 first quarter results with revenues of $4.1 billion and gross profit of $1.4 billion; the net income was $731 million. The 2013 total revenue was $9 billion, a 10% increase from the 2012 total revenue. The 2013 gross profit was $1.8 billion, a 91% increase from the 2012 gross profit. The 2013 net income was $1.2 billion.

On 04/09/2014, President Mark Adams sold 189,000 shares at an average price of $22.31. The price of the stock has decreased by 5.29% since. On 04/08/2014, Director Patrick J. Byrne sold 10,000 shares at an average price of $22.08. The price of the stock has decreased by 4.3% since. On 04/07/2014, Director Lawrence N. Mondry sold 10,000 shares at an average price of $22.43. The price of the stock has decreased by 5.8% since.

Facebook Inc. (FB, Financial): CFO David A Ebersman sold 23,400 Shares

On 04/03/2014, CFO David A. Ebersman sold 23,400 shares at an average price of $62.89. The price of the stock has decreased by 6.93% since. Facebook Inc. has a market cap of $149.24 billion and its shares were traded at around $58.53. The company has a P/E ratio of 98.70 and P/S ratio of 18.82.

Facebook Inc. announced their 2013 fourth quarter results with revenues of $2.59 billion and gross profit of $2.1 billion; the net income was $520 million. The 2013 total revenue for Facebook Inc. 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 04/10/2014, VP Marketing and Business Part. David B. Fischer sold 36,000 shares at an average price of $61.34. The price of the stock has decreased by 4.58% since. On 04/07/2014, Chief Technology Officer Michael Todd Schroepfer sold 25,000 shares at an average price of $55.87. The price of the stock has increased by 4.76% since. On 04/02/2014, COO Sheryl Sandberg sold 283,334 shares at an average price of $63.04. The price of the stock has decreased by 7.15% since.