WEEKLY CFO SELLS HIGHLIGHT: ANIK, GILD, PETM, NKE, ADBE

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According to GuruFocus Insider Data , the largest CFO sells during the past week were:
Anika Therapeutics Inc, Gilead Sciences Inc, PetSmart Inc, Nike Inc, and Adobe Systems Inc.

Anika Therapeutics Inc. ( ANIK ): CFO Kevin W. Quinlan Sold 56,626 Shares

CFO Kevin W. Quinlan sold 56,626 shares of ANIK stock on March 22, 2013 at the average price of $11.24. Kevin W. Quinlan owns at least 27,112 shares after this. The price of the stock has increased by 29.18% since.

Anika Therapeutics, Inc. was incorporated under the laws of the state of Massachusetts in 1992. Anika Therapeutics, Inc. has a market cap of $202.1 million; its shares were traded at around $14.52 with a P/E ratio of 17.7 and a P/S ratio of 2.9. Anika Therapeutics, Inc. had an annual average earnings growth of 17.5% over the past 10 years. GuruFocus rated Anika Therapeutics, Inc. the business predictability rank of 3.5-star .

Anika Therapeutics Inc reported fourth quarter 2012 revenue of $22.6 million, representing a 23% increase from the $18.4 million reported in the same quarter of 2011. Fourth quarter net income was $4.5 million ($0.31 per share), compared to $2.9 million ($0.21 per share) in the prior year quarter. Also during this quarter, gross margin improved to 66.1% from 59.8% in the prior year quarter.

Director Raymond J. Land also sold 2,200 shares of ANIK stock on March 12, 2013 at the average price of $14.

Gilead Sciences Inc. ( GILD ): SVP, CFO Robin L. Washington Sold 45,000 Shares

Senior Vice President and CFO Robin L Washington sold 45,000 shares of GILD stock on March 27, 2013 at the average price of $47.07. Robin L. Washington owns at least 28,098 shares after this. The price of the stock has increased by 3.97% since.

Gilead Sciences Inc. was incorporated in Delaware on June 22, 1987. Gilead Sciences Inc. has a market cap of $74.51 billion; its shares were traded at around $48.94 with a P/E ratio of 29.9 and a P/S ratio of 8. Gilead Sciences Inc. had an annual average earnings growth of 19.3% over the past five years.

Gilead Sciences Inc. announced fourth quarter 2012 revenues of $2.59 billion, an 18% increase from the $2.2 billion reported prior year quarter. Net income in the fourth quarter was $762.5 million ($0.47 per share) compared to $665.1 million ($0.43 per share) last year.

PetSmart Inc. ( PETM ): EVP CFO Lawrence Molloy Sold 34,104 Shares

Executive Vice President and CFO Lawrence Molloy sold 34,104 shares of PETM stock on March 27, 2013 at the average price of $62.25. The price of the stock has decreased by 0.24% since.

PetSmart, Inc. was incorporated in the State of Delaware. Petsmart Inc. has a market cap of $6.67 billion; its shares were traded at around $62.1 with a P/E ratio of 19.2 and a P/S ratio of 1.1. The dividend yield of Petsmart Inc. stocks is 1%. Petsmart Inc. had an annual average earnings growth of 13.8% over the past 10 years. GuruFocus rated Petsmart Inc. the business predictability rank of 5-star.

PetSmart Inc. recently reported its fourth quarter 2012 results. For the quarter, EPS rose 36% year-over-year to $1.24. Comparable store sales grew 4.6% , with total sales growth of 15% to $1.9 billion.

Executive Vice President of Merchandise Marketing Joseph D O'leary sold 12,449 shares of PETM stock on March 28, 2013 at the average price of $62.09. Director Philip L Francis and Senior Vice President Real Estate and Development Jaye D Perricone also recently sold shares of PETM stock.

Nike Inc. ( NKE ): VP and CFO Donald W. Blair Sold 33,000 Shares

Vice President and CFO Donald W. Blair sold 33,000 shares of NKE stock on March 22, 2013 at the average price of $59. Donald W. Blair owns at least 175,388 shares after this. The price of the stock has increased by 0.02% since.

Nike Inc. was incorporated in 1968 under the laws of the state of Oregon. Nike, Inc. has a market cap of $47.55 billion; its shares were traded at around $59.01 with a P/E ratio of 26.6 and a P/S ratio of 2.2. The dividend yield of Nike Inc. stocks is 1.3%. Nike Inc. had an annual average earnings growth of 9.6% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.

Nike Inc. recently released its third quarter 2013 results ended Feb. 28, 2013. In this quarter, Nike increased revenues 9% from the prior year quarter to $6.2 billion, and increased gross margin by 30 basis points to 44.2%. Net income from continuing operations increased 16% to $662 million, with diluted EPS increasing 20% to $0.73.

Vice President Trevor A. Edwards sold 132,000 shares of NKE stock on March 28, 2013 at the average price of $58.64. Other multiple insiders also sold shares of NKE stock over the past week.

Adobe Systems Inc. ( ADBE ): EVP, CFO Mark Garrett Sold 30,000 Shares

Executive Vice President, CFO and Assistant Secretary Mark Garrett sold 30,000 shares of ADBE stock on March 26, 2013 at the average price of $42.6. Mark Garrett owns at least 117,847 shares after this. The price of the stock has increased by 2.16% since.

Adobe Systems Inc. was originally incorporated in California in October 1983 and was reincorporated in Delaware in May 1997. Adobe Systems Inc. has a market cap of $21.7 billion; its shares were traded at around $43.52 with a P/E ratio of 26.2 and a P/S ratio of 5. Adobe Systems Inc. had an annual average earnings growth of 12% over the past 10 years. GuruFocus rated Adobe Systems Inc. the business predictability rank of 3.5-star.

Adobe Systems Inc. recently reported its first quarter 2013 results ended March 1, 2013. Revenue declined 4% year-over-year to $1 billion, with Non-GAAP EPS falling 40% to $0.35.

Vice President Richard Rowley and Senior Vice President David Wadhwani also sold shares of ADBE stock recently.

For the complete list of stocks that sold by their company CFO, go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: ADBE , ANIK , GILD , NKE , PETM

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