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Ultimate Software Group Inc. (ULTI) Vice-Chairman & COO Marc D Scherr sells 25,000 Shares

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Nov. 02, 2009 | Filed Under: ULTI


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Vice-Chairman & COO of Ultimate Software Group Inc. (ULTI) Marc D Scherr sells 25,000 shares of ULTI on 10/29/2009 at an average price of $25.72 a share.

Ultimate Software is a leader in delivering Web-based payroll and employee management solutions to organizations of all sizes. Ultimate Software's fully integrated award-winning UltiPro suite enables businesses to manage human resources and payroll strategically and cost-effectively benefiting everyone in the organization. Ultimate Software offers application hosting through IBM Global Services and a business-to-business Web portal providing access to value-added resources via the Internet. Ultimate Software Group Inc. has a market cap of $627.88 million; its shares were traded at around $25.51 with and P/S ratio of 3.52.

ULTI is in the portfolios of Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Ron Baron of Baron Funds.

Insiders' Positions with ULTI


  • Sell:: Chairman, President and CEO Scott Scherr sold 20,000 shares of ULTI stock on 05/18/2009 at the average price of 17.9, the price of the stock has increased by 42.51% since


Insiders' Positions with ULTI


  • Sell:: Exec. VP, CFO and Treasurer Mitchell K Dauerman sold 50,000 shares of ULTI stock on 07/30/2009 at the average price of 24.81, the price of the stock has increased by 2.82% since


Insiders' Positions with ULTI


  • Sell:: Vice-Chairman & COO Marc D Scherr sold 25,000 shares of ULTI stock on 07/30/2009 at the average price of 24.81, the price of the stock has increased by 2.82% since

  • Sell:: Vice-Chairman & COO Marc D Scherr sold 15,000 shares of ULTI stock on 05/18/2009 at the average price of 17.93, the price of the stock has increased by 42.28% since






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