Weekly CFO Sells Highlight: Palo Alto Networks Inc, Total System Services Inc, Workday Inc.

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Sep 22, 2014

According to GuruFocus Insider Data, the recent CFO sales were: Palo Alto Networks Inc, Total System Services Inc, and Workday Inc.

Palo Alto Networks Inc. (PANW, Financial): CFO Steffan Tomlinson sold 232 Shares

On 07/22/2014, CFO Steffan Tomlinson sold 232 shares at an average price of $79.96. The price of the stock has increased by 22.49% since. Palo Alto Networks Inc. has a market cap of $7.91 billion and its shares were traded at around $97.94. The company has a P/S ratio of 12.20.

Palo Alto Networks Inc. announced their 2014 second quarter results with revenues of $150.7 million and gross profit of $111 million; the net income was $146.6 million. The 2013 total revenue was $396.1 million, a 55% increase from the 2012 total revenue. The 2013 gross profit was $286.4 million, a 55% increase from the 2012 gross profit. The 2013 net income was $29.2 million.

On 06/12/2014, President and CEO Mark D Mclaughlin sold 15,100 shares at an average price of $79.71. The price of the stock has increased by 22.87% since. On 09/12/2014, Chief Marketing Officer Rene Bonvanie sold 112,500 shares at an average price of $99.59. The price of the stock has decreased by 1.66% since. On 09/08/2014, CTO Nir Zuk sold 30,000 shares at an average price of $90.44. The price of the stock has increased by 8.29% since.

Total System Services Inc. (TSS, Financial): Sr EVP and CFO James B Lipham sold 32,600 Shares

On 05/07/2014, Sr EVP and CFO James B Lipham sold 32,600 shares at an average price of $32.18. The price of the stock has decreased by 1.49% since. Total System Services Inc. has a market cap of $5.9 billion and its shares were traded at around $31.70. The company has a P/E ratio of 25.20 and P/S ratio of 2.65 with a dividend yield of 1.26%. Over the past 10 years, Total System Services Inc had an annual average earnings growth of 4.60%.

Total System Services Inc. announced their 2014 second quarter results with revenues of $602 million and gross profit of $185.5 million; the net income was $111.3 million. The 2013 total revenue was $2.1 billion, a 14% increase from the 2012 total revenue. The 2013 gross profit was $696 million, a 14% increase from the 2012 gross profit. The 2013 net income was $244.8 million.

On 09/12/2014, Director James D Yancey sold 234,431 shares at an average price of $31.58. The price of the stock has increased by 0.38% since. On 08/18/2014, Director Richard W Ussery sold 62,963 shares at an average price of $31.62. The price of the stock has increased by 0.25% since. On 08/15/2014, Chairman of the Board Philip W Tomlinson sold 234,118 shares at an average price of $31.06. The price of the stock has increased by 2.06% since.

Workday Inc. (WDAY, Financial): CFO Mark S Peek sold 40,000 Shares

On 06/17/2014, CFO Mark S Peek sold 40,000 shares at an average price of $85.81. The price of the stock has increased by 0.43% since. Workday Inc. has a market cap of $16.56 billion and its shares were traded at around $86.18; the company has a P/S ratio of 25.05.

Workday Inc. announced their 2014 third quarter results with revenues of $186.8 million and gross profit of $121.1 million; the net income was $69.2 million. The 2014 total revenue was $469 million, a 71% increase from the 2013 total revenue. The 2014 gross profit was $292.1 million, an 86% increase from the 2013 gross profit. The 2014 net income was $172.5 million.

On 09/04/2014, CEO and 10% Owner Aneel Bhusri sold 115,938 shares at an average price of $89.14. The price of the stock has decreased by 3.32% since. On 09/12/2014, President and COO Michael A Stankey sold 73,126 shares at an average price of $91.87. The price of the stock has decreased by 6.19% since. On 09/10/2014, Senior Vice President James Bozzini sold 29,000 shares at an average price of $92.1. The price of the stock has decreased by 6.43% since.