Weekly CFO Sells Highlight: SWN, SAAS, NFX, SBH, AFL

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Oct 01, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Southwestern Energy Company, inContact Inc., Newfield Exploration Co., Sally Beauty Holdings Inc. and Aflac Incorporated.

Southwestern Energy Company (SWN, Financial): Executive Vice President and CFO Gregory D. Kerley Sold 247,218 Shares

Executive Vice President and CFO Gregory D. Kerley sold 247,218 shares of SWN stock on 09/26/2012 at the average price of $33.3. Gregory D. Kerley owns at least 1,205,736 shares after this. The price of the stock has increased by 4.47% since.

Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $11.87 billion; its shares were traded at around $34.79 with a P/E ratio of 22.4 and P/S ratio of 4. Southwestern Energy Company had an annual average earnings growth of 26% over the past 10 years. GuruFocus rated Southwestern Energy Company the business predictability rank of 3.5-star.

Southwestern Energy Company has released its second quarter 2012 results. For this quarter, the company reported adjusted net loss of $488.1 million ($1.40 per diluted share), which included a $935.9 million non-cash ceiling test impairment. Excluding the impairment, the company had net income of $90.8 million ($0.26 per share), as compared to $167.5 million ($0.48 per share) prior year quarter. Gas and oil production for the company increased by 12% in this quarter to 137.4 Bcfe.

Director Vello A. Kuuskraa and Senior Vice President of Subsidiary Randall D. Ponder both also sold shares of SWN stock during the past week.

inContact Inc. (SAAS, Financial): CFO Gregory S. Ayers Sold 60,000 Shares

CFO Gregory S. Ayers sold 60,000 shares of SAAS stock on 09/21/2012 at the average price of $6.25. The price of the stock has increased by 4% since.

inContact Inc. operates as a hosted, software as a service company offering a range of hosted contact handling and performance management software services, in addition to a variety of connectivity options for carrying an inbound call into its inContact suite of services. inContact Inc. has a market cap of $326.5 million; its shares were traded at around $6.5 with and P/S ratio of 3.7.

For its second quarter of 2012, inContact Inc. reported consolidated revenues of $26.2 million, compared to $21.7 million prior year quarter. GAAP net loss was $1.7 million ($0.04 per share) for this quarter, as compared to net loss of $2.1 million ($0.06 per share) prior year quarter. Gross margin increased 1% this quarter from prior year quarter to 59%.

CEO Paul Jarman sold 60,000 shares of SAAS stock on 09/24/2012 at the average price of $6.51.

Newfield Exploration Co. (NFX, Financial): Executive Vice President and CFO Terry W. Rathert Sold 36,856 Shares

Executive Vice President and CFO Terry W. Rathert sold 36,856 shares of NFX stock on 09/24/2012 at the average price of $32.45. Terry W. Rathert owns at least 174,642 shares after this. The price of the stock has decreased by 3.48% since.

Newfield Exploration Company explores, develops and acquires oil and natural gas properties primarily in the Gulf of Mexico. Newfield Exploration Co. has a market cap of $4.46 billion; its shares were traded at around $31.32 with a P/E ratio of 9.4 and P/S ratio of 1.8. Newfield Exploration Co. had an annual average earnings growth of 5.5% over the past 10 years.

Newfield Exploration Co. has released its second quarter 2012 results. For this quarter, the company reported net income of $135 million ($1.00 per diluted share) – including a net unrealized gain on commodity derivatives of $83 million. Revenues for this quarter were $628 million, and Newfield’s oil and liquid liftings increased 40% those of prior year quarter.

Sally Beauty Holdings Inc. (SBH, Financial): Senior Vice President and CFO Mark J. Flaherty Sold 35,000 Shares

Senior Vice President and CFO Mark J. Flaherty sold 35,000 shares of SBH stock on 09/24/2012 at the average price of $27.25. Mark J. Flaherty owns at least 32,290 shares after this. The price of the stock has decreased by 7.89% since.

Sally Beauty Holdings Inc. is an international specialty retailer and distributor of professional beauty supplies with revenues of more than $2. Sally Beauty Holdings Inc. has a market cap of $4.85 billion; its shares were traded at around $25.1 with a P/E ratio of 20.6 and P/S ratio of 1.5. Sally Beauty Holding, Inc. had an annual average earnings growth of 14.8% over the past five years.

Sally Beauty Holdings Inc. has released its third quarter 2012 results. For this quarter, Sally Beauty saw consolidated net sales of $887.0 million, a 6% increase over prior year quarter. Consolidated gross profit for this quarter was $444.4 million, compared to $410.5 million in the same quarter last year. GAAP diluted EPS were flat with prior year quarter at $0.37.

President Sally Beauty Supply Michael G. Spinozzi sold 147,045 shares of SBH stock on 09/24/2012 at the average price of $27.



Aflac Incorporated (AFL, Financial): President and CFO
Aflac Incorporated Kriss Cloninger III Sold 34,000 Shares

President and CFO Aflac Incorporated Kriss Cloninger III sold 34,000 shares of AFL stock on 09/21/2012 at the average price of $48.36. Kriss Cloninger III owns at least 323,798 shares after this. The price of the stock has decreased by 1.05% since.

Aflac Inc. is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services and making capital available. Aflac Incorporated has a market cap of $22.56 billion; its shares were traded at around $47.85 with a P/E ratio of 7.4 and P/S ratio of 1. The dividend yield of Aflac Inc. stocks is 2.7%. Aflac Inc. had an annual average earnings growth of 10.5% over the past 10 years. GuruFocus rated Aflac Inc. the business predictability rank of 4-star.

Aflac Inc. reported revenues of $5.9 billion in its second quarter of 2012 – a 16% rise over prior year quarter. Net earnings were $483 million in this quarter ($1.03 per diluted share), as compared to $274 million in the same quarter of last year.

Senior Vice President Robin Y. Wilkey sold 1,100 shares of AFL stock on 09/24/2012 at the average price of $48.35.