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Weekly CFO Sells Highlight: ATRS, DENN, TTWO, JAH, ACET

June 11, 2013 | About:
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According to GuruFocus Insider Data, the largest CFO sells during the past week were: Antares Pharma Inc., Denny’s Corporation, Take-Two Interactive Software Inc,, Jarden Corporation and Aceto Corporation.

Antares Pharma Inc. (ATRS): Executive Vice President and CFO Robert F. Apple Sold 115,000 Shares

Executive Vice President and CFO Robert F. Apple sold 115,000 shares of ATRS stock on 06/04/2013 at the average price of $4.02. Robert F. Apple owns at least 368,918 shares after this. The price of the stock has increased by 2.24% since.

Antares Pharma Inc. is a pharmaceutical company that focuses on self-injection pharmaceutical products and technologies and topical gel-based products. Antares Pharma Inc. has a market cap of $523.7 million; its shares were traded at around $4.11 with and P/S ratio of 23.53.

Antares Pharma reported first quarter 2013 revenues of $4.5 million, compared to $6.9 million in the same quarter of 2012. Net loss was $3.4 million ($0.03 per share) compared to a loss of $0.1 million ($0.00) per share prior year quarter.

President and CEO Paul K. Wotton sold 125,000 shares of ATRS stock on 06/03/2013 at the average price of $4.01. Director Anton Gueth and Executive Vice President Kaushik J. Dave both also sold shares of ATRS stock on 06/03/2013.

Denny's Corporation (DENN): EVP Chief Admin Officer and CFO F Mark Wolfinger Sold 100,000 Shares

EVP Chief Admin Officer and CFO F. Mark Wolfinger sold 100,000 shares of DENN stock on 06/04/2013 at the average price of $6.05. F. Mark Wolfinger owns at least 466,242 shares after this. The price of the stock has increased by 2.81% since.

Denny's Corporation is a Delaware Corporation. It operates as a family-style restaurant chain. Denny's Corporation has a market cap of $563.492 million; its shares were traded at around $6.22 with a P/E ratio of 25.38 and P/S ratio of 1.25.

For its first quarter of 2013, Denny’s Corporation reported net income of $7.1 million, a 20.7% increase over the prior year quarter. System-wide same-store sales decreased 0.7%.

Take-Two Interactive Software Inc. (TTWO): CFO Lainie Goldstein Sold 61,640 Shares

CFO Lainie Goldstein sold 61,640 shares of TTWO stock on 06/03/2013 at the average price of $16.15. Lainie Goldstein owns at least 637,799 shares after this. The price of the stock has increased by 5.14% since.

Take-Two Interactive Software Inc. was incorporated under the laws of the State of Delaware in 1993. Take-two Interactive Software Inc. has a market cap of $1.48 billion; its shares were traded at around $16.98 with and P/S ratio of 1.20.

Take-Two Interactive Software has released its fourth quarter 2013 results ended March 31, 2013. For this quarter, GAAP net revenue was $299.5 million, an increase from the $148.1 million generated last year. GAAP net income from continuing operations was $21.2 million ($0.23 per share), as compared to a net loss of $66.0 million ($0.78 per share) prior year quarter. At the end of the quarter, Take-Two had cash and cash equivalents of $402.5 million.

Exec VP and General Counsel Seth D. Krauss and multiple other insiders all also sold shares of TTWO stock on 06/03/2013.

Jarden Corporation (JAH): Vice Chairman and CFO Ian G. H. Ashken Sold 60,000 Shares

Vice Chairman and CFO Ian G. H. Ashken sold 60,000 shares of JAH stock on 06/03/2013 at the average price of $45.9. Ian G. H. Ashken owns at least 1,106,940 shares after this. The price of the stock has decreased by 1.11% since.

Jarden Corporation is a Delaware Corporation. The company is a provider of a diverse range of consumer products with a portfolio of over 100 brands sold globally. Jarden Corporation has a market cap of $5.06 billion; its shares were traded at around $45.39 with a P/E ratio of 25.32 and P/S ratio of 0.76. The dividend yield of Jarden Corporation stocks is 0.10%. Jarden Corporation had an annual average earnings growth of 13.6% over the past 10 years. GuruFocus rated Jarden Corporation the business predictability rank of 2.5-star.

Jarden Corporation reported sales of $1.58 billion in its first quarter of 2013, compared to $1.50 billion last year. Net loss was $4.4 million, compared to net income of $35.1 million prior year quarter. Adjusted net income was $33.1 million compared to $40 million last year.

CEO James E. Lillie sold 50,001 shares of JAH stock on 06/03/2013 at the average price of $45.9. Executive Chairman Martin E. Franklin sold 100,002 shares of JAH stock on 06/03/2013 at the average price of $45.91.

Aceto Corporation (ACET): Sr. Vice President and CFO Douglas A. Roth Sold 30,000 Shares

Sr. Vice President and CFO Douglas A. Roth sold 30,000 shares of ACET stock on 06/04/2013 at the average price of $13.31. Douglas A. Roth owns at least 55,908 shares after this. The price of the stock has decreased by 3.53% since.

Aceto Corporation was incorporated in 1947 in the State of New York. Aceto Corporation has a market cap of $358.305 million; its shares were traded at around $12.84 with a P/E ratio of 16.75 and P/S ratio of 0.72. The dividend yield of Aceto Corporation stocks is 2.06%. Aceto Corporation had an annual average earnings growth of 5.8% over the past 10 years. GuruFocus rated Aceto Corporation the business predictability rank of 3.5-star.

Aceto Corporation saw net sales growth of 24.3% year-over-year to $150.9 million for its third quarter of 2013 ended March 31, 2013. Gross profit increased 42.3% to $31.5 million, and GAAP net income increased 41.2% to $7.6 million.

Managing Director Eis Jan Van sold 9,000 shares of ACET stock on 06/04/2013 at the average price of $13.39.

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


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