The CPO of Pandora Media (NYSE: P) is Selling Shares


Today, the CPO of Pandora Media (NYSE: P), Christopher Phillips, sold shares of P for $161.6K.

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Based on Pandora Media’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $319 million and GAAP net loss of $132 million. In comparison, last year the company earned revenue of $316 million and had a GAAP net loss of $132 million. The Company has a Price to Book ratio of 40.3335. Currently, Pandora Media has an average volume of 9.08M.

10 different firms, including B.Riley FBR and Merrill Lynch, currently also have a Sell rating on the stock. Based on 19 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $6.94, reflecting a 4.6% upside.

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Pandora Media, Inc. engages in the provision of a music discovery platform through internet radio services. It offers a personalized experience for listeners to listen radio on smartphones, tablets, computers, car audio systems, and Internet-connected devices.

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