Weekly CFO Sells Highlight: GMCR, NOV, WAIR, SREV, TPX, SNDK

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Aug 07, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Green Mountain Coffee Roasters Inc, NationalOilWell Inc, Wesco Aircraft Holdings, ServiceSource International Inc, TempurPedic International Inc, and SanDisc Corp.


Green Mountain Coffee Roasters Inc. (GMCR, Financial): CFO Frances G Rathke Sold 337,500 Shares

CFO of Green Mountain Coffee Roasters Inc. (GMCR) Frances G Rathke sold 337,500 shares on 08/05/2011 at an average price of $96.87. Green Mountain Coffee Roasters engages in the production and marketing of award-winning coffees, innovative brewing technology and gourmet single-cup brewing systems. Green Mountain Coffee Roasters Inc. has a market cap of $15.45 billion; its shares were traded at around $102.75 with a P/E ratio of 75 and P/S ratio of 11.4. Green Mountain Coffee Roasters Inc. had an annual average earnings growth of 27.1% over the past 10 years. GuruFocus rated Green Mountain Coffee Roasters Inc. the business predictability rank of 2.5-star.


Green Mountain Coffee Roasters Inc. recently released its third quarter 2011 results. For this quarter, the company reported that net sales were up 107% from prior year quarter, to $717.2 million. GAAP net income was $56.3 million compared to $18.4 million last year. The increase of sales was driven mostly by the company’s Keurig Single-Cup Brewing System – which sold 1.1 million units for $485.4 million total net sales.


CFO Frances G Rathke sold 337,500 shares of GMCR stock on 08/05/2011 at the average price of 96.87. Frances G Rathke owns at least 53,359 shares after this. The price of the stock has increased by 6.07% since. President, SCBU Richard Scott Mccreary sold 100,000 shares of GMCR stock on 08/04/2011 at the average price of 106.77.Director Barbara D Carlini sold 108,000 shares of GMCR stock on 08/04/2011 at the average price of 106.42. Other insiders sold shares of GMCR stock during the past week as well.


NationalOilwell Inc. (NOV, Financial): Exec. Vice President and CFO Clay C Williams Sold 100,000 Shares

Exec. Vice President and CFO of NationalOilwell Inc. (NOV) Clay C Williams sold 100,000 shares on 08/02/2011 at an average price of $79. National-Oilwell is a worldwide leader in the design, manufacture and sale of machinery and equipment and in the distribution of maintenance, repair and operating products used in oil and gas drilling and production. Nationaloilwell Inc. has a market cap of $28.92 billion; its shares were traded at around $68.36 with a P/E ratio of 16.5 and P/S ratio of 2.4. The dividend yield of Nationaloilwell Inc. stocks is 0.7%. Nationaloilwell Inc. had an annual average earnings growth of 30.8% over the past 10 years. GuruFocus rated Nationaloilwell Inc. the business predictability rank of 4.5-star.


For its second quarter 2011 ended June 30, NationalOilwell Inc. reported net income of $481 million, compared to $299 million prior year quarter. Revenues for the quarter were $3.51 billion, compared to $2.94 billion last year.


Exec. Vice President and CFO Clay C Williams sold 100,000 shares of NOV stock on 08/02/2011 at the average price of 79. Clay C Williams owns at least 155,129 shares after this. The price of the stock has decreased by 13.47% since.


Wesco Aircraft Holdings (WAIR, Financial): Exec. VP and CFO Gregory A Hann Sold 89,139 Shares

Chairman, President & CEO, 10% Owner Randy J. Snyder sold 2,121,031 shares of WAIR stock on 08/02/2011 at the average price of 14.14. Randy J. Snyder owns at least 10,541,673 shares after this. The price of the stock has increased by 2.62% since.Exec. VP and CFO Gregory A Hann,Exec. VP Sales and MarketingHal Weinstein, and Exec. VP Tommy Marvin Lee sold a total of 384,676 shares of WAIR stock on 08/02/2011 at the average price of 14.14. Other insiders sold shares of WAIR stock on 08/02/2011 as well.


ServiceSource International Inc. (SREV, Financial): CFO David S Oppenheimer Sold 82,200 Shares

CFO of ServiceSource International Inc. (SREV) David S Oppenheimer sold 82,200 shares on 08/03/2011 at an average price of $16.8. ServiceSource provides a suite of cloud applications for service revenue management. Servicesource International Inc. has a market cap of $1.21 billion; its shares were traded at around $17.85 .


ServiceSource International Inc. recently released its second quarter 2011 results. For this quarter, the company reported revenues of $48.5 million – up 28% from the $38.0 million prior year quarter. Net loss was $1.1 million in Q2, compared to net income of $1.5 million prior year quarter.


CEO & Chairman of the Board Michael A Smerklo sold 582,395 shares of SREV stock on 08/03/2011 at the average price of 16.8. CFO David S Oppenheimer sold 82,200 shares of SREV stock on 08/03/2011 at the average price of 16.8. The price of the stock has increased by 6.25% since.10% Owner Micro Fund Sbic, L. Housatonic sold 1,719,449 shares of SREV stock on 08/03/2011 at the average price of 16.8. Ss Holding Ii Llc Ga sold 4,879,286 shares of SREV stock on 08/03/2011 at the average price of 17.5.Director Marc F Mcmorris sold 2,439,643 shares of SREV stock on 08/03/2011 at the average price of 17.5.


TempurPedic International Inc. (TPX, Financial): Executive VP & CFO Dale E Williams Sold 56,086 Shares

Executive VP & CFO of TempurPedic International Inc. (TPX) Dale E Williams sold 56,086 shares on 08/01/2011 at an average price of $72.32. Tempur-Pedic International Inc. is a vertically-integrated manufacturer, marketer and distributor of premium mattresses and pillows made from its proprietary Tempur visco-elastic foam. Tempurpedic International Inc. has a market cap of $4.37 billion; its shares were traded at around $63.83 with a P/E ratio of 23.5 and P/S ratio of 4. Tempurpedic International Inc. had an annual average earnings growth of 12.7% over the past 10 years.


During its second quarter 2011, TempurPedic International Inc. reported sales up 30% to $342.2 million from last year and EPS up 65% from last year to $0.76. Gross profit margin was 52.9% compared to 48.7% prior year quarter. The company generated $48.2 million of operating cash flow this quarter compared to $44.5 million last year.


Executive VP & CFO Dale E Williams sold 56,086 shares of TPX stock on 08/01/2011 at the average price of 72.32. Dale E Williams owns at least 191,187 shares after this. The price of the stock has decreased by 11.74% since. Exec VP, Pres Intl Ops David Montgomery sold 40,000 shares of TPX stock on 07/29/2011 at the average price of 71.06.


SanDisk Corp. (SNDK, Financial): Exec. VP, Administration, CFO Judy Bruner Sold 40,000 Shares

Exec. VP, Administration, CFO of SanDisk Corp. (SNDK) Judy Bruner sold 40,000 shares on 08/01/2011 at an average price of $42.55. Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. Sandisk Corp. has a market cap of $9.45 billion; its shares were traded at around $39.63 with a P/E ratio of 9.1 and P/S ratio of 2.


SanDisk Corp. recently announced its second quarter 2011 results. For this quarter ended July 3, 2011 – the company reported total revenue of $1.375 billion, a 17% increase from prior year quarter. Q2 net income was $248 million compared to $258 million last year. Also during this quarter, the company completed its acquisition of Piliant Technology Inc, a developer of enterprise solid state drives.


Exec. VP, Administration, CFO Judy Bruner sold 40,000 shares of SNDK stock on 08/01/2011 at the average price of 42.55. Judy Bruner owns at least 27,242 shares after this. The price of the stock has decreased by 6.86% since. Director Michael E Marks sold 9,473 shares of SNDK stock on 07/29/2011 at the average price of 42.99. Director Michael E Marks sold 28,777 shares of SNDK stock on 07/26/2011 at the average price of 43.92.


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