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Ultimate Software Group Inc. (ULTI) Vice-Chairman & COO Marc D Scherr sells 50,000 Shares

August 02, 2010 | About:
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Vice-Chairman & COO of Ultimate Software Group Inc. (ULTI) Marc D Scherr sells 50,000 shares of ULTI on 08/02/2010 at an average price of $32.49 a share.

Ultimate Software Group Inc. has a market cap of $804.08 million; its shares were traded at around $32.26 with and P/S ratio of 4.09.

ULTI is in the portfolios of Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Ron Baron of Baron Funds, RS Investment Management, Pioneer Investments, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors.

This is the annual revenues and earnings per share of ULTI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ULTI.


CEO Recent Trades:



  • Sell: Chairman, President and CEO Scott Scherr sold 75,756 shares of ULTI stock on 02/11/2010 at the average price of 27.71. Scott Scherr owns at least 85,900 shares after this. The price of the stock has increased by 16.42% since.


CFO Recent Trades:



  • Sell: Exec. VP, CFO and Treasurer Mitchell K Dauerman sold 30,000 shares of ULTI stock on 05/03/2010 at the average price of 34.18. Mitchell K Dauerman owns at least 34,000 shares after this. The price of the stock has decreased by 5.62% since.



This is the insider trade history vs. stock price of ULTI. For the complete insider trading history of ULTI, click here.




Directors and Officers Recent Trades:



  • Sell: Director Leroy Vander Putten sold 5,000 shares of ULTI stock on 05/12/2010 at the average price of 35.02. Leroy Vander Putten owns at least 41,472 shares after this. The price of the stock has decreased by 7.88% since.
  • Sell: Vice-Chairman & COO Marc D Scherr sold 50,000 shares of ULTI stock on 05/03/2010 at the average price of 34.22. Marc D Scherr owns at least 64,066 shares after this. The price of the stock has decreased by 5.73% since.
  • Sell: Director James A Jr Fitzpatrick sold 5,037 shares of ULTI stock on 04/29/2010 at the average price of 34. James A Jr Fitzpatrick owns at least 4,864 shares after this. The price of the stock has decreased by 5.12% since.
  • Sell: Director Leroy Vander Putten sold 881 shares of ULTI stock on 03/12/2010 at the average price of 33. Leroy Vander Putten owns at least 43,624 shares after this. The price of the stock has decreased by 2.24% since.
  • Sell: Director Leroy Vander Putten sold 4,119 shares of ULTI stock on 03/10/2010 at the average price of 33.01. Leroy Vander Putten owns at least 44,505 shares after this. The price of the stock has decreased by 2.27% since.


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