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Weekly CFO Sells: LNKD, ENTG, OMPI, Z, THR, SPSC

November 27, 2011 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: LinkedIn, Entegris Inc, Obagi Medical Products Inc, Zillow Inc, Thermon Group Holdings, and SPS Commerce Inc.

LinkedIn (LNKD): SVP & CFO Steven J Sordello Sold 98,232 Shares

SVP & CFO of LinkedIn (LNKD) Steven J Sordello sold 98,232 shares on 11/22/2011 at an average price of $68.94. LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. Linkedin has a market cap of $6.08 billion; its shares were traded at around $63.08 with and P/S ratio of 25.

In its second quarter of 2011, LinkedIn announced revenues of $121 million – a 120% increase from the $54.9 million reported last year. GAAP net income for this quarter was $4.5 million ($0.04 EPS) , compared to $4.3 million for the second quarter last year. Adjusted EBITDA was $26.3 million, and members on the website grew 61% to 115.8 million.

CEO Jeff Weiner sold 372,917 shares of LNKD stock on 11/22/2011 at the average price of 68.94. SVP & CFO Steven J Sordello sold 98,232 shares of LNKD stock on 11/22/2011 at the average price of 68.94. The price of the stock has decreased by 8.5% since. Multiple other insiders have sold shares of LNKD stock during the past week as well.

Entegris Inc. (ENTG): Exec. V.P. & CFO Gregory B Graves Sold 40,000 Shares

Exec. V.P. & CFO Gregory B Graves sold 40,000 shares of ENTG stock on 11/22/2011 at the average price of 8. Gregory B Graves owns at least 98,688 shares after this. The price of the stock has decreased by 4.88% since.

Entegris is a provider of materials management solutions to themicroelectronics industry including, in particular, the semiconductormanufacturing and disk manufacturing markets. Entegris Inc. has a market cap of $1.03 billion; its shares were traded at around $7.61 with a P/E ratio of 8.8 and P/S ratio of 1.5.

For its third quarter 2011, Entegris Inc. reported total sales of $173 million, Non-GAAP EPS of $0.17, and operating margin of 16.5%.

Obagi Medical Products Inc. (OMPI): CFO and EVP Preston S Romm Sold 33,334 Shares

CFO and EVP Preston S Romm sold 33,334 shares of OMPI stock on 11/18/2011 at the average price of 9.82. The price of the stock has decreased by 6.72% since.

OBAGI MEDICAL PRODUCTS develops and commercializes skin health products for the dermatology, plastic surgery, and related aesthetic markets. Obagi Medical Products Inc. has a market cap of $170.4 million; its shares were traded at around $9.16 with a P/E ratio of 11.1 and P/S ratio of 1.5.

Obagi Medical Products Inc. has released its third quarter 2011 results. During this quarter, the company reported net income of $4.4 million ($.24 per share), and net sales were $28.1 million. This compares with income of $1.6 million and sales of $27.9 million a year ago. Gross margin for this quarter was at 79.9%, compared to 79.3% last year.

Zillow Inc. (Z): CFO & Treasurer Chad M Cohen Sold 27,296 Shares

CFO & Treasurer of Zillow Inc. (Z) Chad M Cohen sold 27,296 shares on 11/22/2011 at an average price of $22.98. Zillow, Inc. is a real estate information marketplace. Zillow Inc. has a market cap of $392.7 million; its shares were traded at around $22.59 with a P/E ratio of 753 and P/S ratio of 12.9.

CEO Spencer M Rascoff sold 103,550 shares of Z stock on 11/21/2011 at the average price of 22.94. CFO & Treasurer Chad M Cohen sold 27,296 shares of Z stock on 11/22/2011 at the average price of 22.98. Chad M Cohen owns at least 3,533 shares after this. The price of the stock has decreased by 1.7% since. Other insiders also sold shares of Z stock during the past week.

In its second quarter of 2011, Zillow Inc. announced revenues of $15.8 million – up 116% from prior year quarter. Net income was seen at $1.6 million, compared to a net loss of $2 million last year. EBITDA was $3.9 million.

Thermon Group Holdings (THR): CFO Jay Peterson Sold 20,332 Shares

CFO Jay Peterson sold 20,332 shares of THR stock on 11/18/2011 at the average price of 15.75. The price of the stock has decreased by 4.25% since.

Thermon Holding Corp. is engaged in providing engineered thermal solutions, known as heat tracing, for process industries, including energy, chemical processing and power generation. Thermon Group Holdings has a market cap of $445.3 million; its shares were traded at around $15.08 with and P/S ratio of 1.9.

SPS Commerce Inc. (SPSC): EVP & CFO Kimberly K. Nelson Sold 20,000 Shares

EVP & CFO Kimberly K. Nelson sold 20,000 shares of SPSC stock on 11/17/2011 at the average price of 23. The price of the stock has decreased by 7% since.

EVP & CFO of SPS Commerce Inc. (SPSC) Kimberly K. Nelson sold 20,000 shares on 11/17/2011 at an average price of $23. 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 $255.9 million; its shares were traded at around $21.39 with a P/E ratio of 194.5 and P/S ratio of 5.7.

In its third quarter 2011, SPS Commerce Inc. reported revenues of $15.5 million, and net income of $177,000 – or $0.01 per diluted share.

EVP & Chief Strategy Officer James J. Frome also sold shares of SPSC stock.

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


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