Weekly CFO Sells Highlight: USB, GNC, WWWW, GWRE, CRIS, CSL

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Apr 30, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: U.S. Bancorp, GNC Holdings, Web.Com Group, Guidwire Software, Curis Inc., and Carlisle Cos Inc.


U.S. Bancorp (USB, Financial): Vice Chairman and CFO Andrew Cecere Sold 156,054 Shares


Vice Chairman and CFO of U.S. Bancorp (USB) Andrew Cecere sold 156,054 shares on 04/25/2012 at an average price of $31.74. U.S. Bancorp is a financial services holding company. U.S. Bancorp has a market cap of $61.34 billion; its shares were traded at around $32.44 with a P/E ratio of 12.59 and P/S ratio of 2.87. The dividend yield of U.S. Bancorp stocks is 2.43%. U.S. Bancorp had an annual average earnings growth of 0.7% over the past 10 years.


U.S. Bancorp has released its first quarter 2012 results. For this quarter, the company saw net income of $4.0 million – a 48% increase from the $2.7 million reported prior year quarter. Diluted EPS was $0.12 on 33.1 million shares compared to $0.10 on $28.1 million shares in the first quarter of 2010. Total assets of U.S. Bancorp were reported at $4.1 billion – an increase of 45% over the prior-year quarter.


Vice Chairman and CFO Andrew Cecere sold 156,054 shares of USB stock on 04/25/2012 at the average price of $31.74. Andrew Cecere owns at least 192,153 shares after this. The price of the stock has increased by 2.21% since. Vice Chairman Gillern Jeffry H. Von and Vice Chairman Richard B. Payne Jr. both also sold shares of USB stock during the past week.


GNC Holdings (GNC, Financial): EVP and CFO Michael Nuzzo Sold 90,000 Shares


EVP and CFO of GNC Holdings (GNC) Michael Nuzzo sold 90,000 shares on 04/25/2012 at an average price of $38.73. GNC Holdings Inc. operates as a specialty retailer of nutritional products including vitamin, mineral, herbal and other specialty supplements and sports nutrition, diet and energy products. GNC Holdings has a market cap of $4.28 billion; its shares were traded at around $40.99 with a P/E ratio of 22.27 and P/S ratio of 2.07. The dividend yield of GNC Holdings stocks is 0.27%.


GNC Holdings recently reported its first quarter 2012 results. The company reported a growth of 23.4% in consolidated revenue to $624.3 million over the first quarter of 2011. Same store sales increased by 15.8% in domestic stores, and net income was reported at $63.9 million compared to $9.9 million prior year quarter. Adjusted diluted EPS was $0.60 compared to $0.33 over last year. The company has declared a $0.11 dividend per share in the second quarter of 2012.


EVP and CFO Michael Nuzzo sold 90,000 shares of GNC stock on 04/25/2012 at the average price of $38.73. Michael Nuzzo owns at least 14,420 shares after this. The price of the stock has increased by 5.84% since. EVP and CMO and General Manager Thomas Dowd sold 50,000 shares of GNC stock on 04/25/2012 at the average price of $38.56. SVP and Chief Innovation Officer Guru Ramanathan sold 7,500 shares of GNC stock on 04/23/2012 at the average price of 36.


Web.Com Group (WWWW, Financial): CFO Kevin M. Carney Sold 100,000 Shares


CFO of Web.Com Group (WWWW) Kevin M. Carney sold 100,000 shares during the past week at an average price of $14.11. WEB.COM GROUP, INC. is a provider of online marketing for small businesses. Web.com Group has a market cap of $635.82 million; its shares were traded at around $13.71 with a P/E ratio of 14.73 and P/S ratio of 3.19.


Web.Com Group has released its fourth quarter 2011 results. During this quarter, the company saw total GAAP revenues of $73.6 million, compared to $37.6 million in the same quarter last year. GAAP net income from continuing operations for the quarter were $3.6 million ($0.08 per diluted share), as compared to a net loss of $16.1 million ($0.63 per share) prior year quarter. Web.Com also reported adjusted EBITDA of $24.8 million, and cash generated from operations of $4.5 million for the fourth quarter of 2011.


Chairman, CEO and President David Brown sold 56,493 shares of WWWW stock on 04/25/2012 at the average price of $12.99. CFO Kevin M. Carney sold a total of 100,000 shares of WWWW stock on 04/25/2012 during the past week. Kevin M. Carney owns at least 207,993 shares after this. The price of the stock has increased by 5.54% since. Multiple other insiders have also sold shares of WWWW stock during the past week.


Guidewire Software (GWRE, Financial): CFO Karen Blasing Sold 78,458 Shares


CFO of Guidewire Software (GWRE) Karen Blasing sold 78,458 shares on 04/24/2012 at an average price of $28.25. Guidewire Software has a market cap of $1.37 billion; its shares were traded at around $26.89 .


CEO Marcus Ryu sold 494,247 shares of GWRE stock on 04/24/2012 at the average price of $28.25. CFO Karen Blasing sold 78,458 shares of GWRE stock on 04/24/2012 at the average price of $28.25. The price of the stock has decreased by 4.81% since.


Guidewire Software has released its second quarter 2012 results. For this quarter, the company reported total revenues of $55.1 million – a 30% increase over prior year quarter. GAAP net income was $3.7 million for the quarter ($0.06 per diluted share), compared to $5.4 million prior year quarter ($0.11 per share). The company had a total of $169.6 in cash and equivalents at the end of this quarter, and increase of $31.2 million over last year.


10% Owner Management Group VIII Presidio sold 3,223,982 shares of GWRE stock on 04/24/2012 at the average price of $28.25. Management Group VIII Presidio owns at least 8,912,695 shares after this. The price of the stock has decreased by 4.81% since. Senior Vice President Field Operations John True and Vice President Professional Services Alexander C. Naddaff both also sold shares of GWRE stock.


Curis Inc. (CRIS, Financial): COO and CFO Michael Gray Sold 42,844 Shares


COO and CFO Michael Gray sold 42,844 shares of CRIS stock on 04/19/2012 at the average price of $5.01. Michael Gray owns at least 86,613 shares after this. The price of the stock has decreased by 0.6% since.


Curis Inc. is a therapeutic drug development company focusing on cancer, neurological and dermatological disease indications, with technologies that utilize regulatory pathways that control repair and regeneration. Curis Inc. has a market cap of $377.48 million; its shares were traded at around $4.98 with and P/S ratio of 25.57.


Carlisle Companies Inc. (CSL, Financial): Vice President and CFO Steven J. Ford Sold 37,275 Shares


Vice President and CFO of Carlisle Companies Inc. (CSL) Steven J. Ford sold 37,275 shares on 04/25/2012 at an average price of $54.88. Carlisle Companies Incorporated manufactures and distributes a wide variety of products across a broad range of industries, including, among others, roofing, construction, trucking, automotive, foodservice, industrial equipment, lawn and garden and aircraft manufacturing. Carlisle Companies Inc. has a market cap of $3.43 billion; its shares were traded at around $55.62 with a P/E ratio of 16.49 and P/S ratio of 1.06. The dividend yield of Carlisle Companies Inc. stocks is 1.31%. Carlisle Companies Inc. had an annual average earnings growth of 7% over the past 10 years.


For its first quarter of 2012, Carlisle Companies Inc. reported a net income increase to $60 million ($0.94 per share), compared to $33.4 million ($0.53 per share) prior year quarter. Revenue rose 28% to $889.3 million from $693.6 million.


Vice President and CFO Steven J. Ford sold 37,275 shares of CSL stock on 04/25/2012 at the average price of $54.88. Steven J. Ford owns at least 54,998 shares after this. The price of the stock has increased by 1.35% since. Group President, CCM John W. Altmeyer, President, CTP Kevin G. Forster, and Group President, CIT John E. Berlin all also sold shares of CSL stock during the past week.


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