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Proofpoint Inc (PFPT) CEO Gary Steele Sold $2.3 million of Shares

CEO of Proofpoint Inc (30-Year Financial, Insider Trades) Gary Steele (insider trades) sold 20,000 shares of PFPT on 08/13/2019 at an average price of $116.74 a share. The total sale was $2.3 million.

Proofpoint Inc is a provider of web-based protection applications in the United States. Its data protection solutions address web-based security threats posed on platforms like e-mail, instant messaging and social media. Proofpoint Inc has a market cap of $6.44 billion; its shares were traded at around $114.78 with and P/S ratio of 7.83. Proofpoint Inc had annual average EBITDA growth of 10.30% over the past five years. GuruFocus has detected 1 severe warning sign with Proofpoint Inc. .

CEO Recent Trades:

  • CEO Gary Steele sold 20,000 shares of PFPT stock on 08/13/2019 at the average price of $116.74. The price of the stock has decreased by 1.68% since.

Directors and Officers Recent Trades:

  • EVP Product Mgmnt & Marketing David Knight sold 2,500 shares of PFPT stock on 08/13/2019 at the average price of $117.37. The price of the stock has decreased by 2.21% since.
  • EVP & GM, Protection Bhagwat Swaroop sold 987 shares of PFPT stock on 08/08/2019 at the average price of $117.03. The price of the stock has decreased by 1.92% since.

For the complete insider trading history of PFPT, click here

.This article first appeared on GuruFocus.