GuruFocus Premium Membership

Serving Intelligent Investors since 2004. Only 96 cents a day.

Free Trial

Free 7-day Trial
All Articles and Columns »

Weekly CFO Sells Highlight: P, MTOR, PSSI, ASTM

January 08, 2012 | About:
gurujx

gurujx

1 followers
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 (P): CFO Steven Cakebread Sold 40,000 Shares

CFO of Pandora Media (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 (MTOR): Senior Vice President and CFO Jeffrey A. Craig Sold 37,591 Shares

Senior Vice President and CFO of Meritor (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. (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.

Rating: 3.8/5 (12 votes)

Comments

Please leave your comment:


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)
Free 7-day Trial
FEEDBACK