Weekly CFO Sells Highlight: PFPT, VRSK, FET, DSW, MGLN

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Jul 14, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Proofpoint Inc, Verisk Analytics Inc, Forum Energy Technologies Inc, DSW Inc, and Magellan Health Services Inc.

Proofpoint Inc (PFPT, Financial): CFO Paul R. Auvil III Sold 114,420 Shares

CFO of Proofpoint Inc. (PFPT) Paul R. Auvil III sold 114,420 shares during the past week at an average price of $24.55. Paul R. Auvil III owns at least 476,938 shares after this. The price of the stock has decreased by 2.55% since.

Proofpoint Inc. has a market cap of $818.761 million; its shares were traded at around $24.44 with and P/S ratio of 6.74.

Proofpoint Inc. reported first quarter 2013 revenue of $30.8 million and GAAP net loss of $6.4 million ($0.19 per share), compared to revenues of $24.6 million and loss of $4.8 million ($0.85 per share) in the same quarter of last year.

Chairman Eric Hahn sold 22,210 shares of PFPT stock on 07/05/2013 at the average price of $25.05.

Verisk Analytics Inc. (VRSK, Financial): EVP and CFO Mark V. Anquillare Sold 40,000 Shares

EVP and CFO Mark V Anquillare sold 40,000 shares of VRSK stock on 07/10/2013 at the average price of $61.36. Mark V. Anquillare owns at least 32,039 shares after this. The price of the stock has increased by 3.06% since.

Verisk Analytics Inc is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management. Verisk Analytics Inc. has a market cap of $10.55 billion; its shares were traded at around $63.24 with a P/E ratio of 32.47 and P/S ratio of 6.84. Verisk Analytics Inc. had an annual average earnings growth of 21.8% over the past five years.

Verisk Analytics Inc. has released its first quarter 2013 results. In this quarter, the company generated GAAP EPS of $0.47. Adjusted EPS were $0.53, an increase of 12.8% over the prior year quarter. Total revenues increased 16.4%, and EBITDA increased 12.6% to $179.7 million.

Director Frank J Coyne sold 100,000 shares of VRSK stock on 07/05/2013 at the average price of $60.77.

Forum Energy Technologies Inc. (FET, Financial): SVP and CFO James Whelan Harris Sold 31,450 Shares

SVP & CFO James Whelan Harris sold 31,450 shares of FET stock on 07/11/2013 at the average price of $31. James Whelan Harris owns at least 174,984 shares after this. The price of the stock has increased by 0.16% since.

Forum Energy Technologies Inc. is a Delaware corporation, is a global oilfield products company, serving the subsea, drilling, completion, production and process sectors of the oil and natural gas industry. Forum Energy Technologies Inc. has a market cap of $2.86 billion; its shares were traded at around $31.05 with a P/E ratio of 20.24 and P/S ratio of 2.00.

Forum Energy Technologies announced first quarter 2013 revenue of $373 million, compared to $363 million in the prior year quarter. Net income was $32 million ($0.34 per share), down from the $42 million ($0.57 per share) reported prior year quarter.

DSW Inc. (DSW, Financial): EVP and CFO Douglas J Probst Sold 28,347 Shares

EVP and CFO Douglas J. Probst sold 28,347 shares of DSW stock on 07/10/2013 at the average price of $78.26. Douglas J. Probst owns at least 13,090 shares after this. The price of the stock has increased by 0.96% since.

DSW Inc. was incorporated in the state of Ohio on Jan. 20, 1969 and opened its first DSW store in Dublin, Ohio in July 1991. DSW Inc. has a market cap of $3.56 billion; its shares were traded at around $79.01 with a P/E ratio of 25.51 and P/S ratio of 1.56. The dividend yield of DSW Inc. stocks is 1.00%. DSW Inc. had an annual average earnings growth of 36.8% over the past five years.

DSW Inc. reported first quarter 2013 diluted EPS of $0.34, year-over-year revenue growth of 13%, and net income growth of 33%.

President and CEO Michael R. MacDonald sold 55,000 shares of DSW stock on 07/01/2013 at the average price of $74.04. Director Harvey L. Sonnenberg, and multiple other insiders all also recently sold DSW stock.

Magellan Health Services Inc. (MGLN, Financial): CFO Jonathan N. Rubin Sold 52,450 Shares

CFO of Magellan Health Services Inc. (MGLN) Jonathan N. Rubin sold 52,450 shares during the past week at an average price of $57.92. Jonathan N. Rubin owns at least 12,528 shares after this. The price of the stock has increased by 0.68% since.

Magellan Health Services Inc. was incorporated in 1969 under the laws of the State of Delaware. Magellan Health Services Inc. has a market cap of $1.55 billion; its shares were traded at around $57.92 with a P/E ratio of 10.14 and P/S ratio of 0.49. Magellan Health Services Inc. had an annual average earnings growth of 15.8% over the past five years.

Magellan Health Services Inc. has released its first quarter 2013 results. For this quarter, revenues were $821.8 million, an increase of 6.3% over prior year quarter. Net income increased 35.1% to $28.1 million, with EPS of $1.01.

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