1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
gurujx
gurujx
Articles (514) 

WEEKLY CFO SELLS HIGHLIGHT: WEC, LOOP, SPSC, OVRL, CRM

October 22, 2011 | About:

According to GuruFocus Insider Data, the largest CFO sells during the past week were: Wisconsin Energy Corp, Ubiquiti Networks Inc, LoopNet Inc, SPS Commerce Inc, Overland Storage Inc, and Salesforce.com Inc.

Wisconsin Energy Corp. (NYSE:WEC): Executive Vice President & CFO Frederick D Kuester Sold 131,000 Shares

Executive Vice President & CFO of Wisconsin Energy Corp. (NYSE:WEC) Frederick D Kuester sold 131,000 shares on 10/19/2011 at an average price of $32.35. Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. Wisconsin Energy Corp. has a market cap of $7.69 billion; its shares were traded at around $32.9 with a P/E ratio of 15.4 and P/S ratio of 1.8. The dividend yield of Wisconsin Energy Corp. stocks is 3.2%. Wisconsin Energy Corp. had an annual average earnings growth of 2.1% over the past 10 years. GuruFocus rated Wisconsin Energy Corp. the business predictability rank of 3-star.

Executive Vice President & CFO Frederick D Kuester sold 131,000 shares of WEC stock on 10/19/2011 at the average price of 32.35. Frederick D Kuester owns at least 53,740 shares after this. The price of the stock has increased by 1.7% since. Executive Vice President Allen L Leverett and Chairman, President, and CEO Gale E Klappa both also sold shares of WEC stock.

LoopNet Inc. (LOOP): CFO and VP, Finance/Admin Brent Stumme Sold 51,436 Shares

CFO and VP, Finance/Admin of LoopNet Inc. (LOOP) Brent Stumme sold 51,436 shares on 10/18/2011 at an average price of $17.47. LoopNet Inc is the online marketplace for commercial real estate in the United States, based on the number of monthly unique visitors to our marketplace. Loopnet Inc. has a market cap of $584.1 million; its shares were traded at around $17.5 with a P/E ratio of 72.9 and P/S ratio of 9.

In its second quarter 2011, LoopNet Inc. announced revenues of $21.6 million and net income of $1.9 million ($0.04 per share). This compares with last year’s revenues of $20.7 million and income of $3.2 million ($0.07 per share). Adjusted EBITDA was $7.1 million compared to prior year’s $7.2 million.

CFO and VP, Finance/Admin Brent Stumme sold 51,436 shares of LOOP stock on 10/18/2011 at the average price of 17.47. Brent Stumme owns at least 53,345 shares after this. The price of the stock has increased by 0.17% since. President and COO Thomas P Byrne and Chief Technology Officer & SVP Wayne B Warthen both also sold shares of LOOP stock.

SPS Commerce Inc. (NASDAQ:SPSC): EVP & CFO Kimberly K. Nelson Sold 15,000 Shares

EVP & CFO Kimberly K. Nelson sold 15,000 shares of SPSC stock on 10/12/2011 at the average price of 19. The price of the stock has decreased by 0.53% since.

SPS Commerce is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to its customers worldwide. Sps Commerce Inc. has a market cap of $226 million; its shares were traded at around $18.9 with a P/E ratio of 126 and P/S ratio of 5.1.

Overland Storage Inc. (NASDAQ:OVRL): VP of Finance & CFO Kurt L. Kalbfleisch Sold 13,614 Shares

VP of Finance & CFO Kurt L. Kalbfleisch sold 13,614 shares of OVRL stock on 10/12/2011 at the average price of 2.45. Kurt L. Kalbfleisch owns at least 668,002 shares after this. The price of the stock has decreased by 1.63% since.

Overland Storage, Inc. is a global supplier of innovative hardware and software storage solutions for mid-range computer networks. Overland Storage Inc. has a market cap of $55.6 million; its shares were traded at around $2.41 with and P/S ratio of 0.8.

For its fourth quarter 2011 results, Overland Storage Inc. reported revenues of $17.6 million with gross margin of 32.5%.

Salesforce.com Inc. (NYSE:CRM): CFO Graham Smith Sold 12,500 Shares

CFO Graham Smith sold 12,500 shares of CRM stock on 10/17/2011 at the average price of 129.71. Graham Smith owns at least 14,145 shares after this. The price of the stock has decreased by 0.32% since.

Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $17.52 billion; its shares were traded at around $129.29 with a P/E ratio of 287.4 and P/S ratio of 10.5.

During its second quarter 2011, Salesforce.com Inc reported revenues of $546 million – a 38% increase from prior year quarter. Operating cash flow was $83 million – up 9% from last year. GAAP net loss per share was $0.03 and non-GAAP EPS was $0.30

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

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership


Rating: 3.0/5 (5 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


qlpqlpmyTestBuildB
harrisgreg07Main
pbarker465 values
OqulentOqulent
sean_golfCODE
pbarker46dividend stocks
daltechrao2
TFCDebt Free Div Payer
KetsinyongEV
gericomROE

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK