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Proofpoint Inc (PFPT) CEO Gary Steele Sold $2.5 million of Shares

CEO of Proofpoint Inc (30-Year Financial, Insider Trades) Gary Steele (insider trades) sold 20,000 shares of PFPT on 09/12/2019 at an average price of $124.8 a share. The total sale was $2.5 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 $7.05 billion; its shares were traded at around $125.75 with and P/S ratio of 8.56. 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 09/12/2019 at the average price of $124.8. The price of the stock has increased by 0.76% since.

Directors and Officers Recent Trades:

  • EVP & GM, Protection Bhagwat Swaroop sold 1,200 shares of PFPT stock on 09/09/2019 at the average price of $125.06. The price of the stock has increased by 0.55% since.
  • EVP/GM, Security Products David Knight sold 2,500 shares of PFPT stock on 09/05/2019 at the average price of $127.25. The price of the stock has decreased by 1.18% since.
  • Director Michael M Johnson sold 1,844 shares of PFPT stock on 09/03/2019 at the average price of $117.56. The price of the stock has increased by 6.97% since.
  • EVP & GM, Protection Bhagwat Swaroop sold 13 shares of PFPT stock on 08/20/2019 at the average price of $117. The price of the stock has increased by 7.48% since.

For the complete insider trading history of PFPT, click here

.This article first appeared on GuruFocus.