Weekly CFO Sells Highlight: IACI, NUS, RFMD, EPAY, AVB

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Nov 13, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: IAC/InterActiveCorp, Nu Skin Enterprises Inc, RF Micro Devices Inc, Avalonbay Communities Inc, and Bottomline Technologies Inc.


IAC/InterActiveCorp (IACI, Financial): Executive Vice President and CFO Thomas McInerney Sold 100,000 Shares


Executive Vice President and CFO of IAC/InterActiveCorp (IACI) Thomas McInerney sold 100,000 shares on 11/07/2011 at an average price of $43.05. IAC is an Internet company with more than 50 brands serving consumer audiences across more than 30 countries. IAC/InterActiveCorp has a market cap of $3.52 billion; its shares were traded at around $41.41 with a P/E ratio of 35.6 and P/S ratio of 2.1.


IAC/InterActiveCorp has released its third quarter 2011 results. During this quarter, the company reported net income of $65 million – compared to $17.5 million prior year quarter. Revenue rose 25% to $516.9 million and the company reported that it would pay its first ever dividend to shareholders of $0.12 on December 1.


Executive Vice President and CFO Thomas Mcinerney and Director Arthur C. Martinez sold shares of IACI stock.


Nu Skin Enterprises Inc. Cl A (NUS, Financial): CFO Ritch N. Wood Sold 67,500 Shares


CFO Ritch N. Wood sold 67,500 shares of NUS stock on 11/07/2011 at the average price of $50.77. Ritch N. Wood owns at least 22,544 shares after this. The price of the stock has decreased by 2.28% since.


Nu Skin Enterprises Inc. is a direct selling company that develops and distributes premium-quality, innovative personal care and nutritional products. Nu Skin Enterprises Inc. Cl A has a market cap of $3.1 billion; its shares were traded at around $49.61 with a P/E ratio of 20.7 and P/S ratio of 2.1. The dividend yield of Nu Skin Enterprises Inc. Cl A stocks is 1.3%. Nu Skin Enterprises Inc. Cl A had an annual average earnings growth of 10.9% over the past 10 years. GuruFocus rated Nu Skin Enterprises Inc. Cl A the business predictability rank of 4.5-star.


Nu Skin Enterprises Inc. recently released its third quarter 2011 results. During this quarter, the company saw revenues of $428 million – up 12% from prior year quarter. EPS was $0.72, up 31% from the same period last year.


RF Micro Devices Inc. (RFMD, Financial): Vice President Administration and CFO William A. Priddy Sold 66,391 Shares


Vice President Administration and CFO William A. Priddy sold 66,391 shares of RFMD stock on 11/09/2011 at the average price of 7.1. William A. Priddy owns at least 669,213 shares after this. The price of the stock has decreased by 0.7% since.


RF Micro Devices Inc. is a global leader in the design and manufacture of high-performance radio systems and solutions for applications that drive mobile communications. RF Micro Devices Inc. has a market cap of $1.95 billion; its shares were traded at around $7.05 with a P/E ratio of 19.6 and P/S ratio of 1.8.


AvalonBay Communities Inc. (AVB, Financial): CFO Thomas J. Sargeant Sold 60,451 Shares


CFO of AvalonBay Communities Inc. (AVB) Thomas J. Sargeant sold 60,451 shares on 11/08/2011 at an average price of $130.72. AvalonBay Communities, Inc. is a real estate investment trust. AvalonBay Communities Inc. has a market cap of $12.16 billion; its shares were traded at around $129.32 with a P/E ratio of 31.5 and P/S ratio of 13.6. The dividend yield of AvalonBay Communities Inc. stocks is 2.7%.


AvalonBay Communities Inc. reported that for its third quarter 2011, the company saw net income of $44.8 million ($0.49 per share), an increase of 69% from prior year quarter.


CFO Thomas J. Sargeant sold 60,451 shares of AVB stock on 11/08/2011 at the average price of 130.72. Thomas J. Sargeant owns at least 131,641 shares after this. The price of the stock has decreased by 1.07% since. CEO Bryce Blair and Executive Vice President Sean J. Breslin both sold shares of AVB stock as well.


Bottomline Technologies Inc. (EPAY, Financial): CFO Kevin M. Donovan Sold 40,010 Shares


CFO Kevin M. Donovan sold 40,010 shares of EPAY stock on 11/03/2011 at the average price of 24.17. Kevin M. Donovan owns at least 87,008 shares after this. The price of the stock has decreased by 5.46% since.


Bottomline Tech provides software that creates an e-business infrastructure for use by businesses and financial institutions to present invoices, make payments and conduct electronic banking. Bottomline Technologies Inc. has a market cap of $820.7 million; its shares were traded at around $22.85 with a P/E ratio of 32.6 and P/S ratio of 4.4.


Bottomline Technologies Inc. reported its first quarter results ended September 30, 2011. In this quarter, the company saw revenues of $52.5 million, compared to $42.1 million prior year quarter. Gross margin increased $5.7 million to $29.2 million from last year, and net income increased $0.4 million to $8.9 million.


Managing Director Europe Nigel K. Savory also sold shares of EPAY stock.