Weekly CFO Sells Highlight: SNPS, ENTR, RLD, ULTA, PPO, ANAD, CNK

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Dec 20, 2010
According to GuruFocus Insider Data, these are the largest CFO sells during the past week.


Synopsys Inc. (SNPS, Financial): CFO Brian M Beattie Sold 206,465 Shares

CFO of Synopsys Inc. (SNPS) Brian M Beattie sold 206,465 shares on 12/13/2010 at an average price of $26.73. Synopsys, Inc. is one of the suppliers of electronic design automation software to the global electronics industry. Synopsys Inc. has a market cap of $4.03 billion; its shares were traded at around $27.14 with a P/E ratio of 18.85 and P/S ratio of 2.92. Synopsys Inc. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Synopsys Inc. the business predictability rank of 2-star.


Synopsys Inc. reported their 2010 third quarter results. The company reported total revenues of $336.9 million, down from the $345.2 million prior year quarter. EPS of the company was 31 cents.


SNPS is in the portfolios of Westport Asset Management, RS Investment Management, Dodge & Cox, Third Avenue Management, David Dreman of Dreman Value Management, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors.


Chairman of the Board & CEO Geus Aart De sold 140,000 shares of SNPS stock on 09/20/2010 at the average price of 24.75 and 54,000 shares of SNPS stock on 12/03/2010 at the average price of 26.22. CFO Brian M Beattie sold 257,744 shares of SNPS stock on in September and December. Director Steven Walske sold 80,000 shares of SNPS stock on 12/14/2010 at the average price of 26.83. Director Bruce R Chizen sold 100,000 shares of SNPS stock on 12/13/2010 at the average price of 26.72. VP, Controller Esfandiar Naddaf also sold shares of SNPS stock.


Entropic Communications Inc. (ENTR, Financial): CFO David Lyle Sold 185,447 Shares

CFO of Entropic Communications Inc. (ENTR) David Lyle sold 185,447 shares on 12/15/2010 at an average price of $11.17. Entropic Communications, Inc. is a fabless semiconductor company that designs, develops and markets systems solutions to enable connected home entertainment. Entropic Communications Inc. has a market cap of $932.81 million; its shares were traded at around $11.1 with a P/E ratio of 44.4 and P/S ratio of 8.02.


Entropic Communications Inc. reported their 2010 third quarter results. Entropic reported third quarter net revenues of $61.3 million. Net revenues of the company was $11.3 million or $0.15 a share (GAAP)


ENTR is in the portfolios of Paul Tudor Jones of The Tudor Group, RS Investment Management, Steven Cohen of SAC Capital Advisors, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC.


CEO & President Patrick C Henry sold 75,000 shares of ENTR stock in October through December. CFO David Lyle sold 185,447 shares of ENTR stock on 12/15/2010 at the average price of 11.17 and 25,200 shares of ENTR stock in August through November. VP and General Counsel Lance Bridges sold 59,000 shares of ENTR stock in December. Senior VP, Worldwide Sales William R Bradford and SVP, Marketing & Business Dev Vinay Gokhale all sold shares of ENTR stock.


REALD INC. (RLD, Financial): CFO and COO Andrew A. Skarupa Sold 142,717 Shares

CFO and COO of REALD INC. (RLD) Andrew A. Skarupa sold 142,717 shares on 12/10/2010 at an average price of $26.64. RealD Inc. is a global licensor of stereoscopic (three-dimensional), or 3D, technologies. Reald Inc. has a market cap of $1.35 billion; its shares were traded at around $27.88 with and P/S ratio of 9.03.


RealD Inc. reported their second quarter 2011 results. RealD Inc. reported a total net revenue of $65.3 million compared to $38.7 million prior year quarter. Net loss per share was $0.12 per share (GAAP)


RLD is in the portfolios of RS Investment Management, Paul Tudor Jones of The Tudor Group.


CEO and Chariman of the Board, 10% Owner Michael V Lewis sold 1,148,119 shares of RLD stock on 07/21/2010 at the average price of 14.88. CFO and COO Andrew A. Skarupa sold 142,717 shares of RLD stock on 12/10/2010 at the average price of 26.64, and 145,059 shares of RLD stock on 07/21/2010 at the average price of 14.88.


Directors P. Gordon Hodge, James F. Cameron, Frank Biondi, and Exe. Vice Pres. and Gen. Couns Craig S Gatarz bought a total of 70,850 shares of RLD stock on 07/16/2010


ULTA SALON, COSMETICS & FRAGRANCE, INC. (ULTA, Financial): CFO Gregg R Bodnar Sold 108,815 Shares

CFO of ULTA SALON, COSMETICS & FRAGRANCE, INC. (ULTA) Gregg R Bodnar sold 108,815 shares on 12/15/2010 at an average price of $32.56. ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Ulta Salon, Cosmetics & Fragrance, Inc. has a market cap of $1.96 billion; its shares were traded at around $33.15 with a P/E ratio of 32.5 and P/S ratio of 1.6.


Ulta Salon, Cosmetics & Fragrance Inc. reported their third quarter 2010 results. Net income of the company was $14.2 million dollars compared to $8.5 million dollars prior year quarter. EPS was $0.23.


ULTA is in the portfolios of RS Investment Management, Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC.


CFO Gregg R Bodnar sold 108,815 shares of ULTA stock on 12/15/2010 at the average price of 32.56.Director Dennis K Eck bought 94,800 shares of ULTA stock on 09/20/2010 at the average price of 28.15. Director Lynelle P Kirby sold 698,000 of ULTA stock in December. SVP Human Resources Wayne D Lheureux sold 11,060 shares of ULTA stock in September.


Polypore International Inc. (PPO, Financial): CFO, Treasurer and Secretary Lynn Amos Sold 100,000 Shares

CFO, Treasurer and Secretary of Polypore International Inc. (PPO) Lynn Amos sold 100,000 shares on 12/13/2010 at an average price of $38.51. Polypore, Inc., a subsidiary of Polypore International, Inc. Polypore International Inc. has a market cap of $1.96 billion; its shares were traded at around $44.04 with a P/E ratio of 34.68 and P/S ratio of 3.8.


Polypore International Inc. reported its third quarter 2010 results. Net income of the company was $12.6 million compared with $7.4 million prior year quarter. EPS was $0.27.


PPO is in the portfolios of Ron Baron of Baron Funds, Pioneer Investments, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC, Mario Gabelli of GAMCO Investors, Manning & Napier Advisors, Inc, Jeremy Grantham of GMO LLC.


President and CEO Robert B Toth sold 360,000 shares of PPO stock on 12/13/2010 at the average price of 38.51. CFO, Treasurer and Secretary Lynn Amos sold 100,000 shares of PPO stock on 12/13/2010 at the average price of 38.51. 10% Owner Pincus International P Warburg sold 3,156,838 shares of PPO stock on 12/13/2010 at the average price of 38.51. Senior VP, Human Resources John O'malley sold 46,272 shares of PPO stock on 12/13/2010 at the average price of 38.51.


ANADIGICS Inc. (ANAD, Financial): CFO Thomas C Shields Sold 92,848 Shares

CFO of ANADIGICS Inc. (ANAD) Thomas C Shields sold 92,848 shares on 12/10/2010 at an average price of $7.68. ANADIGICS, Inc. supplies radio frequency/microwave integrated circuit solutions to the communications industry, enabling manufacturers to enhance overall system performance and reduce manufacturing cost and time to market. Anadigics Inc. has a market cap of $499.08 million; its shares were traded at around $7.54 with and P/S ratio of 3.55.


Anadigics Inc. reported its third quarter 2010 results. The company reported a net income of $2.3 million, or $0.03 per share (GAAP) in the third quarter. This is compared to a net loss of $12.9 million prior year quarter.


ANAD is in the portfolios of Chuck Royce of Royce& Associates, Pioneer Investments, Jim Simons of Renaissance Technologies LLC.


President & CEO Mario Rivas sold 66,655 shares of ANAD stock in August and December. CFO Thomas C Shields sold a total of 213,324 shares of ANAD stock in August, September and December. SVP Chief Technology/Strategy Ronald Michels sold 120,000 shares of ANAD stock on 12/10/2010 at the average price of 7.74. SVP RF Products Group Gregory P White sold and Director Ronald Rosenzweig all sold shares of ANAD stock.


Cinemark Holdings Inc. (CNK, Financial): CFO Robert Copple Sold 87,500 Shares

CFO of Cinemark Holdings Inc. (CNK) Robert Copple sold 87,500 shares on 12/16/2010 at an average price of $17.61. CINEMARK HOLDINGS Is a leader in the motion picture exhibition industry. Cinemark Holdings Inc. has a market cap of $1.99 billion; its shares were traded at around $17.54 with a P/E ratio of 13.09 and P/S ratio of 1.01. The dividend yield of Cinemark Holdings Inc. stocks is 4.79%.


Cinemark Holdings Inc. reported their third quarter 2010 results. The company reported revenues of $560.2 million and a net income of $33.3 million.


CNK is in the portfolios of Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Louis Moore Bacon of Moore Capital Management, LP, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC.


CEO Alan W Stock, CFO Robert Copple, and SVP-General Counsel Michael Cavalier sold a total of 270,000 shares of CNK stock on 12/16/2010 at the average price of 17.61. 10% Owner Dearborn Partners Iv L Madison and Director, 10% Owner Vahe A Dombalagian sold a total of 3,000,000 shares of CNK stock on 12/13/2010 at the average price of 17.78. SVP - Real Estate Tom Owens and VP - Construction Don Harton all sold shares of CNK stock.


For the complete list of stocks that Sold by their CFOs, go to: Insider Buys.