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: P, MTOR, PSSI, ASTM

January 08, 2012 | About:

According to GuruFocus Insider Data, the largest CFO sells during the past week were: Pandora Media, Aastrom Biosciences In.c, Meritor and PSS World Medical Inc.

Pandora Media (NYSE:P): CFO Steven Cakebread Sold 40,000 Shares

CFO of Pandora Media (NYSE:P) Steven Cakebread sold 40,000 shares on 01/03/2012 at an average price of $9.98. Pandora Media Inc. operates as a provider of Internet radio in the U.S. Pandora Media has a market cap of $1.61 billion; its shares were traded at around $10.01 with and P/S ratio of 11.7.

Pandora Media announced in November that for its third quarter ended October 2011, the company saw a revenue increase of 99% to $75.4 million, and EPS of $0.02. The company also saw its advertising revenue (which accounts for most of its earnings) rise 102%.

CFO Steven Cakebread sold 40,000 shares of P stock on 01/03/2012 at the average price of $9.98. The price of the stock has increased by 0.3% since. Director Robert M. Kavner, CTO, Executive Vice President Product Thomas Conrad, Chief Revenue Officer John Trimble, and Chief Strategy Officer and Director Timothy Westergren all also sold shares of P stock on 01/03/2012.

Aastrom Biosciences Inc. (ASTM): CFO Scott Durbin Sold 40,000 Shares

CFO Scott Durbin sold 40,000 shares of ASTM stock on 01/04/2012 at the average price of $1.8. Scott Durbin owns at least 850 shares after this. The price of the stock has increased by 3.89% since.

Aastrom Biosciences Inc. develops autologous cell products for the repair or regeneration of multiple human tissues, based on its proprietary Tissue Repair Cell technology. Aastrom Biosciences Inc. has a market cap of $72.2 million; its shares were traded at around $1.87 with and P/S ratio of 811.8.

For its third quarter of 2011, Aastrom Biosciences Inc. reported a net loss of $1.9 million ($0.05 per share), compared to a loss of $5.9 million ($0.21) prior year quarter.

Meritor (NYSE:MTOR): Senior Vice President and CFO Jeffrey A. Craig Sold 37,591 Shares

Senior Vice President and CFO of Meritor (NYSE:MTOR) Jeffrey A. Craig sold 37,591 shares on 01/05/2012 at an average price of $5.81. Meritor Inc., formerly known as ArvinMeritor Inc., has a market cap of $556.4 million; its shares were traded at around $5.88 with a P/E ratio of 7.5 and P/S ratio of 0.1.

Meritor recently reported its fourth quarter 2011 results. For this quarter, the company announced sales from continuing operations of $1.2 billion — up 29% from last year. GAAP net income was $31 million, as compared to $2 million in prior year quarter. Adjusted EBITDA was $97 million, and cash flow from operations was $60 million.

Chairman, CEO and President Charles G. Mcclure sold 108,498 shares of MTOR stock on 01/05/2012 at the average price of $5.77. Senior Vice President and CFO Jeffrey A. Craig sold 37,591 shares of MTOR stock on 01/05/2012 at the average price of $5.81. Jeffrey A. Craig owns at least 328,190 shares after this. The price of the stock has increased by 1.2% since.

PSS World Medical Inc. (NASDAQ:PSSI): Executive Vice President and CFO David M. Bronson Sold 35,000 Shares

Executive Vice President and CFO David M. Bronson sold 35,000 shares of PSSI stock on 01/03/2012 at the average price of $24.82. David M. Bronson owns at least 22,191 shares after this. The price of the stock has decreased by 2.46% since.

PSS World Medical Inc. is a specialty marketer and distributor of medical products to physicians, alternate-site imaging centers, long-term care providers, home care providers, and hospitals. PSS World Medical Inc. has a market cap of $1.28 billion; its shares were traded at around $24.21 with a P/E ratio of 18 and P/S ratio of 0.6. PSS World Medical Inc. had an annual average earnings growth of 24.1% over the past 10 years.

In its fiscal second quarter 2012 ended September, PSS World Medical Inc. reported net sales growth of 5.2% from last year, EPS of $0.37, and cash flow of $22.6 million

For the complete list of stocks 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: 3.8/5 (12 votes)

Comments

Please leave your comment:


GuruFocus Mobile App Available


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