Weekly CFO Sells Highlight: SWKS, P, SGEN, RT

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According to GuruFocus Insider Data , the largest CFO sells during the past week were: Skyworks Solutions, Pandora Media, Seattle Genetic and Ruby Tuesday.

Skyworks Solutions ( SWKS ): Vice President and CFO Donald W. Palette Sold 93,761 Shares

Vice President and CFO Donald W. Palette sold 93,761 shares of SWKS stock on 06/07/2012 at the average price of $28.51. Donald W. Palette owns at least 107,500 shares after this. The price of the stock has decreased by 1.93% since.

Skyworks Solutions Inc. is a wireless semiconductor company focused on radio frequency ( RF ) and completes semiconductor system solutions for mobile communications applications. Skyworks Solutions has a market cap of $5.3 billion; its shares were traded at around $27.96 with a P/E ratio of 18.64 and P/S ratio of 3.74.

Skyworks Solutions recently released its second quarter 2012 results. For this quarter, the company reported revenues of $364.7 million - up 12% compared to $325.4 million in the same quarter in 2011. GAAP operating income was $43.8 million and Non-GAAP diluted EPS were $0.42. During this quarter, Skyworks Solutions generated $117 million in cash flow from operations.

President and CEO David J. Aldrich sold 35,000 shares of SWKS stock on 06/06/2012 at the average price of $27.83. Multiple other insiders also sold shares of SWKS stock during the past week.

Pandora Media ( P ): CFO Steven Cakebread Sold 40,000 Shares

CFO Steven Cakebread sold 40,000 shares of P stock on 06/01/2012 at the average price of $10.17. The price of the stock has increased by 8.55% since.

Pandora Media Inc. operates as a provider of Internet radio in the U.S. Pandora Media has a market cap of $1.82 billion; its shares were traded at around $11.04 with and P/S ratio of 6.64.

Pandora Media has released its fiscal first quarter 2013 results. The company reported that first quarter revenue rose 58% over the same quarter in 2012 to $80.8 million. Active users increased 53% over last year to 51.9 million. GAAP net loss per share was $0.12. The company ended this quarter with $80.6 million in cash and equivalents.

Chief Revenue Officer John Trimble, Director Robert M Kavner, and multiple other insiders also sold shares of P stock.

Seattle Genetic ( SGEN ): CFO Todd E Simpson Sold 35,000 Shares

CFO Todd E. Simpson sold 35,000 shares of SGEN stock on 06/08/2012 at the average price of $22.97. Todd E. Simpson owns at least 50,762 shares after this. The price of the stock has increased by 2.44% since.

Seattle Genetic develops monoclonal antibody-based drugs to treat cancer and related diseases. Seattle Genetic has a market cap of $2.75 billion; its shares were traded at around $23.53 with and P/S ratio of 29.05. Seattle Genetic had an annual average earnings growth of 3.2% over the past 10 years.

Seattle Genetic reported first quarter 2012 revenues of $48.2 million, compared to $12.2 million prior year quarter. Net loss for this quarter was $12.3 million ($0.11 per share), compared to a loss of $32.7 million ($0.30) in the same quarter last year.

Executive Vice President Process Sciences Morris Rosenberg, and Director David W. Gryska both also sold shares of SGEN stock.

Ruby Tuesday ( RT ): Senior Vice President and CFO Marguerite N. Duffy Sold 30,800 Shares

Senior Vice President and CFO Marguerite N. Duffy sold 30,800 shares of RT stock on 06/06/2012 at the average price of $6.95. Marguerite N Duffy owns at least 127,816 shares after this. The price of the stock has decreased by 0.14% since.

Ruby Tuesday operates casual dining concepts comprised of Ruby Tuesday, Mozzarella's & Tia's. Ruby Tuesday has a market cap of $442.71 million; its shares were traded at around $6.94 with a P/E ratio of 15.42 and P/S ratio of 0.35. Ruby Tuesday had an annual average earnings growth of 0.1% over the past 10 years.

Ruby Tuesday reported third quarter 2012 net income of $4.5 million ($0.07 per share), compared to $16 million in prior year quarter ($0.25 per share). During this quarter, Ruby Tuesday announced plans to inquire Lime Fresh Mexican Grill for $24 million.

For the complete list of stocks that Sold by their CFOs, 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: P , RF , RT , SGEN , SWKS

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