Vice-Chairman & COO of Ultimate Software Group, Inc. (ULTI) Marc D Scherr sells 33,300 shares of ULTI on 02/08/2013 at an average price of $94.06 a share.

Ultimate Software Group, Inc. has a market cap of $2.62 billion; its shares were traded at around $95.28 with a P/E ratio of 260 and P/S ratio of 8.6. Ultimate Software Group, Inc. had an annual average earning growth of 28.8% over the past 5 years.

This is the annual revenues and earnings per share of ULTI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ULTI.

CEO Recent Trades:

• Chairman, President and CEO Scott Scherr sold 25,000 shares of ULTI stock on 02/07/2013 at the average price of 94.05. Scott Scherr owns at least 237,500 shares after this. The price of the stock has increased by 1.31% since.
• Chairman, President and CEO Scott Scherr sold 33,838 shares of ULTI stock on 11/01/2012 at the average price of 96.98. Scott Scherr owns at least 262,500 shares after this. The price of the stock has decreased by 1.75% since.

CFO Recent Trades:

• Exec. VP, CFO and Treasurer Mitchell K Dauerman sold 14,432 shares of ULTI stock on 11/01/2012 at the average price of 97.53. Mitchell K Dauerman owns at least 49,650 shares after this. The price of the stock has decreased by 2.31% since.

This is the insider trade history vs. stock price of ULTI. For the complete insider trading history of ULTI, click here.

Directors and Officers Recent Trades:

• Vice-Chairman & COO Marc D Scherr sold 33,300 shares of ULTI stock on 02/08/2013 at the average price of 94.06. Marc D Scherr owns at least 185,344 shares after this. The price of the stock has increased by 1.3% since.
• Director Leroy Vander Putten sold 4,000 shares of ULTI stock on 12/13/2012 at the average price of 92.84. Leroy Vander Putten owns at least 87,705 shares after this. The price of the stock has increased by 2.63% since.
• Director Robert Yanover sold 1,380 shares of ULTI stock on 12/13/2012 at the average price of 91.97. Robert Yanover owns at least 65,372 shares after this. The price of the stock has increased by 3.6% since.
• Director Leroy Vander Putten sold 4,000 shares of ULTI stock on 12/12/2012 at the average price of 92.65. Leroy Vander Putten owns at least 91,705 shares after this. The price of the stock has increased by 2.84% since.
• Director Alois T Leiter sold 11,500 shares of ULTI stock on 11/20/2012 at the average price of 89.54. Alois T Leiter owns at least 130,957 shares after this. The price of the stock has increased by 6.41% since.

For the complete insider trading history of ULTI, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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