Weekly CFO Sells Highlight: MAIN, WAGE, DKS, LAMR, RPXC

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Mar 25, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Main Street Capital Corporation, WageWorks Inc., Dick’s Sporting Goods Inc., Lamar Advertising Co. and RPX Corp.

Main Street Capital Corporation (MAIN, Financial): CFO, SMD and Treasurer Dwayne L. Hyzak Sold 105,000 Shares

CFO, SMD and Treasurer Dwayne L. Hyzak sold 105,000 shares of MAIN stock on 03/21/2013 at the average price of $33.36. Dwayne L. Hyzak owns at least 189,042 shares after this. The price of the stock has decreased by 1.38% since.

Main Street Capital Corporation was formed on March 9, 2007. Main Street Capital Corporation has a market cap of $1.14 billion; its shares were traded at around $32.9 with a P/E ratio of 9.3 and P/S ratio of 10.7. The dividend yield of Main Street Capital Corporation stocks is 5.4%. Main Street Capital Corporation had an annual average earnings growth of 19% over the past five years.

In its fourth quarter of 2012, Main Street Capital reported total investment income of $26.2 million, an increase of 33% from the same quarter in 2011. Distributable net income was $18.8 million ($0.8 per share), a 51% from the same quarter of last year. In this quarter, Main Street Capital paid dividends of $0.45 per share.

WageWorks Inc. (WAGE, Financial): CFO Richard T. Green Sold 62,000 Shares

CFO Richard T. Green sold 62,000 shares of WAGE stock on 03/18/2013 at the average price of $24. Richard T. Green owns at least 3,358 shares after this. The price of the stock has increased by 7.17% since.

WageWorks Inc. was founded in 2000 and it was incorporated in state of Delaware. Wageworks Inc. has a market cap of $827.6 million; its shares were traded at around $25.72 with a P/E ratio of 77.7 and P/S ratio of 3.5.

WageWorks Inc. reported fourth quarter revenues of $46.7 million, an increase of 37% from prior year quarter. GAAP fourth quarter net income was $2.7 million ($0.09 per share), compared to $22.5 million ($1.03 per share) in the same quarter of last year.

CEO Joseph L. Jackson sold 298,750 shares of WAGE stock on 03/18/2013 at the average price of $24. 10% Owner Venture Associate Vantagepoint, Director Jerry Gramaglia, and multiple other insiders all also sold shares of WAGE stock over the past week.

Dick's Sporting Goods Inc. (DKS, Financial): Executive Vice President, Finance, Admin and CFO Timothy E. Kullman Sold 59,375 Shares

Executive Vice President Finance, Admin and CFO Timothy E. Kullman sold 59,375 shares of DKS stock on 03/20/2013 at the average price of $47.5. Timothy E. Kullman owns at least 41,343 shares after this. The price of the stock has increased by 0.25% since.

Dick's Sporting Goods Inc. was incorporated in 1948 in New York under the name Dick's Clothing and Sporting Goods Inc. Dick's Sporting Goods Inc. has a market cap of $5.84 billion; its shares were traded at around $47.62 with a P/E ratio of 22.0264 and P/S ratio of 1.0629. The dividend yield of Dick's Sporting Goods, Inc. stocks is 1.05%. Dick's Sporting Goods Inc. had an annual average earnings growth of 15.7% over the past 10 years. GuruFocus rated Dick's Sporting Goods Inc. the business predictability rank of 3.5-star.

Dick’s Sporting Goods Inc. has released its fourth quarter 2012 results. The company reported consolidated earnings of $1.03 per diluted share – up 17% from the same quarter of 2011. Fourth quarter net sales were increased 12% to $1.8 billion, with same store sales increasing 1.2%.

Multiple other insiders also recently sold shares of DKS stock.

Lamar Advertising Co (LAMR, Financial): CFO Keith A. Istre Sold 50,000 Shares

CFO Keith A Istre sold 50,000 shares of LAMR stock on 03/15/2013 at the average price of $47.58. Keith A. Istre owns at least 84,602 shares after this. The price of the stock has increased by 0.67% since.

Lamar Advertising Company was founded in 1902. It is one of the outdoor advertising companies in the U.S. based on number of displays and has operated under the Lamar name since 1902. Lamar Advertising Co has a market cap of $4.5 billion; its shares were traded at around $47.9 with a P/E ratio of 476.19 and P/S ratio of 3.7922. Lamar Advertising Co had an annual average earnings growth of 4.4% over the past 10 years.

Lamar Advertising Co generated fourth quarter 2012 net revenues of $305.5 million, compared to $288.2 million in the same quarter last year. Net income increased to $7.2 million from to $6.4 million last year, and Adjusted EBITDA increased to $135.8 million from $125.8 million.

Director Anna Reilly sold 9,529 shares of LAMR stock on 03/19/2013 at the average price of $47.07.

RPX Corp (RPXC, Financial): CFO, Senior Vice President Finance and Treasurer Adam C. Spiegel Sold 47,500 Shares

CFO, Senior Vice President Finance and Treasurer Adam C. Spiegel sold 2,083 shares of RPXC stock on 03/21/2013 at the average price of $13.71. Adam C. Spiegel owns at least 85,170 shares after this. The price of the stock has increased by 3.43% since.

RPX Corp. was incorporated in Delaware in July 2008. RPX Corp has a market cap of $729.7 million; its shares were traded at around $14.18 with a P/E ratio of 19.1 and P/S ratio of 3.6.

RPX Corp reported fourth quarter revenue of $51.6 million, up 22% from the prior year quarter. GAAP net income was $10.1 million ($0.19 per diluted share), up from the $6.9 million ($0.13 per share) generated prior year quarter.

Executive Director Geoffrey T. Barker sold 15,000 shares of RPXC stock on 03/21/2013 at the average price of $13.86.

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