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

Vice-Chairman & COO of Ultimate Software Group Inc. (ULTI, Financial) 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.

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.



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.