Weekly CFO Sells Highlight: DISH, LNKD, VRSK, BIDZ, LGF

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Apr 16, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Dish Network Corp, LinkedIn Corp-A, Bidz.com Inc., Verisk Analytic and Lions Gate Entertainment.


Dish Network Corp. (DISH, Financial): Executive Vice President and CFO Robert E. Olson Sold 54,000 Shares


Executive Vice President and CFO Robert E. Olson sold 54,000 shares of DISH stock on 04/09/2012 at the average price of $32.02. Robert E. Olson owns at least 537 shares after this. The price of the stock has decreased by 1.03% since.


Dish Network Corp. offers satellite television products and services. Dish Network Corp. has a market cap of $14.72 billion; its shares were traded at around $31.69 with a P/E ratio of 11.4 and P/S ratio of 1.1. Dish Network Corp. had an annual average earnings growth of 25.9% over the past 10 years.


Dish Network Corp. has released its fourth quarter 2011 results. The company added 22,000 net subscribers in this quarter with profits of $313 million ($0.70 per share) compared to $252 million ($0.56 per share) prior year quarter. Revenue increased 13% to $3.63 billion as the company added its Blockbuster video services.


LinkedIn Corp.-A (LNKD, Financial): Senior Vice President and CFO Steven J. Sordello Sold 50,000 Shares


Senior Vice President and CFO of LinkedIn Corp.-A (LNKD) Steven J. Sordello sold 50,000 shares on 04/10/2012 at an average price of $98.01. 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 Corp-a has a market cap of $10.16 billion; its shares were traded at around $107.04 with a P/E ratio of 827.1 and P/S ratio of 19.5.


In its fourth quarter of 2011, LinkedIn Corp. saw net income of $6.9 million out of revenues of $167.7 million, compared to income of $5.3 million out of revenues of $81.7 million the same quarter last year. The company states that it has added 60 million new members in total for the year of 2011.


Senior Vice President and CFO Steven J. Sordello sold 50,000 shares of LNKD stock on 04/10/2012 at the average price of $98.01. Steven J. Sordello owns at least 50,359 shares after this. The price of the stock has increased by 9.21% since. Senior Vice President, Products, User Experience Dipchand Nishar and Vice President, General Counsel and Secretary Erika Rottenberg both also sold shares of LNKD stock.


Bidz.Com Inc. (BIDZ, Financial): CFO Lawrence Kong Sold 40,806 Shares


CFO of Bidz.Com Inc. (BIDZ) Lawrence Kong sold 40,806 shares on 04/05/2012 at an average price of $0.6. Bidz.com Inc. a online auctioneer of jewelry. Bidz.com Inc. has a market cap of $11.2 million; its shares were traded at around $0.49 with and P/S ratio of 0.1.


Verisk Analytic (VRSK, Financial): Executive Vice President and CFO Mark V Anquillare Sold 40,000 Shares


Executive Vice President and CFO Mark V. Anquillare sold 40,000 shares of VRSK stock on 04/10/2012 at the average price of $46.72. Mark V. Anquillare owns at least 21,408 shares after this. The price of the stock has increased by 1.09% since.


Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management and human resources. Verisk Analytic has a market cap of $7.77 billion; its shares were traded at around $47.23 with a P/E ratio of 26.8 and P/S ratio of 5.8.


Verisk Analytic has released its fourth quarter 2011 results. During this quarter, Verisk saw diluted adjusted EPS were $0.50 for this quarter, an increase of 28.2% over prior year quarter. Total revenue increased 19.9% over the fourth quarter of 2010, with an EBITDA increase of 20.5% to $158.4 million. In this quarter, the company repurchased a total of $40.6 million of its own stock.


Lions Gate Entertainment (LGF, Financial): CFO James Keegan Sold 25,000 Shares


CFO of Lions Gate Entertainment (LGF) James Keegan sold 25,000 shares on 04/11/2012 at an average price of $12.51. Lions Gate Entertainment Corp. is an entertainment company with a presence in motion picture production and distribution, television programming and syndication, home entertainment, digital distribution and new channel platforms. Lions Gate Entertainment has a market cap of $1.9 billion; its shares were traded at around $12.58 with a P/E ratio of 188.9 and P/S ratio of 1.2.


Lions Gate recently announced its third quarter 2012 financial results. The company saw a net loss of one cent per share during this quarter, compared to a loss of $0.04 per share in 2011. Total revenue for the quarter decreased 23.6% to $323 million from last year.


CFO James Keegan sold 25,000 shares of LGF stock on 04/11/2012 at the average price of $12.51. James Keegan owns at least 69,345 shares after this. The price of the stock has increased by 0.56% since. Executive Vice President and General Counsel Wayne Levin sold 60,000 shares of LGF stock on 04/11/2012 at the average price of $12.51. Co-COO Steve Beeks sold 70,000 shares of LGF stock on 04/10/2012 at the average price of $12.85.


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