Weekly CFO Sells Highlight: ABC, WAT, MSPD, WCN, NUS, WAB

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May 08, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: AMERISOURCEBERGEN CORP, WATERS CORP, Mindspeed Technologies Inc, WASTE CONNECTIONS INC, NUSKIN ENTERPRISES INC, and WABTEC INC.


AMERISOURCEBERGEN CORP. (ABC, Financial): Executive VP & CFO Michael D Dicandilo Sold 245,258 Shares

Executive VP & CFO of AMERISOURCEBERGEN CORP. (ABC) Michael D Dicandilo sold 245,258 shares on 05/02/2011 at an average price of $40.69. AmerisourceBergen Corporation is one of the world's largest pharmaceutical services companies serving the United States, Canada and selected global markets. Amerisourcebergen Corp. has a market cap of $11.37 billion; its shares were traded at around $41.47 with a P/E ratio of 17.5 and P/S ratio of 0.1. The dividend yield of Amerisourcebergen Corp. stocks is 1%. Amerisourcebergen Corp. had an annual average earnings growth of 14.4% over the past 10 years. GuruFocus rated Amerisourcebergen Corp. the business predictability rank of 4.5-star.


AMERISOURCEBERGEN CORP. recently released its second quarter 2011 results. For this quarter the company reported revenue of $19.8 billion- a 2.4% increase from prior year quarter. Diluted EPS were $0.77- a 22.2% increase from prior year quarter. Gross margin went up 31 basis points to 3.48%.


Sell: Executive VP & CFO Michael D Dicandilo sold 245,258 shares of ABC stock on 05/02/2011 at the average price of 40.69. Michael D Dicandilo owns at least 89,698 shares after this. The price of the stock has increased by 1.92% since. Director Henry Wadsworth Mcgee Iii sold 38,981 shares of ABC stock on 05/02/2011 at the average price of 41.


WATERS CORP (WAT, Financial): CFO John A Ornell Sold 180,000 Shares

CFO of WATERS CORP (WAT) John A Ornell sold 180,000 shares on 04/29/2011 at an average price of $97.85. Waters Corporation is a holding company which owns only and all of the outstanding common stock of Waters Technologies Corporation, the operating subsidiary. Waters Corp has a market cap of $8.85 billion; its shares were traded at around $96.87 with a P/E ratio of 22.5 and P/S ratio of 5.4. Waters Corp had an annual average earnings growth of 13.5% over the past 10 years. GuruFocus rated Waters Corp the business predictability rank of 5-star.


WATERS CORP recently released its first quarter 2011 results. The company reported net income of $94.5 million compared to $75.5 million prior year quarter. Total revenues were $427.6 million compared to $367.7 million prior year quarter.


Sell: CFO John A Ornell sold 180,000 shares of WAT stock on 04/29/2011 at the average price of 97.85. John A Ornell owns at least 17,599 shares after this. The price of the stock has decreased by 1% since. Corporate VP of HR Elizabeth B Rae and VP and General Counsel Mark T Beaudouin also sold shares of WAT stock.


Mindspeed Technologies Inc. (MSPD, Financial): Senior Vice President and CFO Bret W Johnsen Sold 116,350 Shares

Senior Vice President and CFO of Mindspeed Technologies Inc. (MSPD) Bret W Johnsen sold 116,350 shares on 04/29/2011 at an average price of $8.86. Mindspeed Tech designs, develops and sells semiconductor solutions for communications applications in enterprise, access, metropolitan and wide area networks. Mindspeed Technologies Inc. has a market cap of $281.9 million; its shares were traded at around $8.66 with a P/E ratio of 13.9 and P/S ratio of 1.6.


Mindspeed Technologies Inc. has recently released its second quarter 2011 results. For this quarter, the company reported product revenues of $38.6 million compared to $40.3 million prior year quarter. Non-GAAP net income was $0.4 million compared to $0.5 prior year quarter. Non-GAAP gross margin was 63.1% compared to 62.6% prior year quarter.


Sell: Senior Vice President and CFO Bret W Johnsen sold 116,350 shares of MSPD stock on 04/29/2011 at the average price of 8.86. Bret W Johnsen owns at least 111,125 shares after this. The price of the stock has decreased by 2.26% since. Senior Vice President Najabat H. Bajwa sold 22,011 shares of MSPD stock on 05/05/2011 at the average price of 8.58.


WASTE CONNECTIONS INC. (WCN, Financial): CFO Worthing Jackman Sold 99,376 Shares

CFO of WASTE CONNECTIONS INC. (WCN) Worthing Jackman sold 99,376 shares on 04/28/2011 at an average price of $30.42. Waste Connections, Inc. is a regional, integrated solid waste services company that provides solid waste collection, transfer, disposal and recycling services in secondary markets of the Western U. Waste Connections Inc. has a market cap of $3.48 billion; its shares were traded at around $30.67 with a P/E ratio of 23.3 and P/S ratio of 2.6. The dividend yield of Waste Connections Inc. stocks is 1%. Waste Connections Inc. had an annual average earnings growth of 9.2% over the past 10 years. GuruFocus rated Waste Connections Inc. the business predictability rank of 4.5-star.


For its first quarter 2011, WASTE CONNECTIONS INC. reported revenue of $331.5 million compared to $307.5 million prior year quarter. Operating income was $68.6 million compared to $59.6 million prior year quarter. Total net income was $36.5 million compared to $27.6 million in the year ago period.


Sell: CFO Worthing Jackman sold 99,376 shares of WCN stock on 04/28/2011 at the average price of 30.42. Worthing Jackman owns at least 111,303 shares after this. The price of the stock has increased by 0.82% since. Other insiders have sold shares of WCN stock as well.


NUSKIN ENTERPRISES INC. (NUS, Financial): CFO Ritch N Wood Sold 162,500 Shares

CFO of NUSKIN ENTERPRISES INC. (NUS) Ritch N Wood sold 162,500 shares during the past week at an average price of $32. Nu Skin Enterprises, Inc. is a direct selling company that develops and distributes premium-quality, innovative personal care and nutritional products. Nuskin Enterprises Inc. has a market cap of $2.22 billion; its shares were traded at around $35.98 with a P/E ratio of 17.1 and P/S ratio of 1.4. The dividend yield of Nuskin Enterprises Inc. stocks is 1.5%. Nuskin Enterprises Inc. had an annual average earnings growth of 10.9% over the past 10 years. GuruFocus rated Nuskin Enterprises Inc. the business predictability rank of 4.5-star.


NUSKIN ENTERPRISES INC. has recently released its first quarter 2011 results. During this quarter, the company reported revenue of $395.8 million- a 9% increase from prior year.


Sell: CFO Ritch N Wood sold a total of 162,500 shares of NUS stock during the past week at an average price of $32. Ritch N Wood owns at least 18,543 shares after this. The price of the stock has increased by 3.54% since. Director Patricia Negron and President Daniel R Chard both also sold shares of NUS stock.


WABTEC INC. (WAB, Financial): Exec. VP, CFO & Secretary Tunon Alvaro Garcia Sold 73,584 Shares

Exec. VP, CFO & Secretary of WABTEC INC. (WAB) Tunon Alvaro Garcia sold 73,584 shares on 04/29/2011 at an average price of $71.2. Wabtec Corporation is one of North America's largest providers of value-added, technology-based products and services for the rail industry. Wabtec Inc. has a market cap of $3.29 billion; its shares were traded at around $68.66 with a P/E ratio of 24.7 and P/S ratio of 2.2. The dividend yield of Wabtec Inc. stocks is 0.1%. Wabtec Inc. had an annual average earnings growth of 17% over the past 10 years.


WABTEC INC. has released its first quarter 2011 results. The company reported sales of $455 million- an increase of 25% from prior year quarter. Income from operations was 14.6% of sales compared to 14.1% prior year quarter. Diluted EPS were$0.85, 35% higher than the year ago quarter.


Sell: Exec. VP, CFO & Secretary Tunon Alvaro Garcia sold 73,584 shares of WAB stock on 04/29/2011 at the average price of 71.2. Tunon Alvaro Garcia owns at least 77,152 shares after this. The price of the stock has decreased by 3.57% since. Other insiders have sold shares of WAB stock as well.


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