Weekly CFO Sells Highlight: WRES, NPSP, MKTO, GRPN, RXN

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Sep 29, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Warren Resources Inc, NPS Pharmaceuticals Inc, Marketo Inc, Groupon Inc, and Rexnord Corp.

Warren Resources, Inc. (WRES, Financial): Vice President & CFO Stewart P Skelly Sold 54,000 Shares

Vice President & CFO Stewart P Skelly sold 54,000 shares of WRES stock on 09/19/2013 at the average price of $2.91. Stewart P Skelly owns at least 116,545 shares after this. The price of the stock has increased by 1.37% since.

Warren Resources, Inc. has a market cap of $215.27 million; its shares were traded at around $2.95 with a P/E ratio of 11.57 and P/S ratio of 1.71. Warren Resources, Inc. had an annual average earnings growth of 5.4% over the past 5 years.

Warren Resources Inc. has announced its second quarter 2013 results. The company reported net income of $9.2 million ($0.13 per share), compared to net income of $5.3 million ($0.07 per share) in the second quarter of 2012.

Secretary & General Counsel David E Fleming, and EVP Timothy A Larkin both also sold shares of WRES stock over the past week.

NPS Pharmaceuticals Inc (NPSP, Financial): EVP & CFO Luke M Beshar Sold 50,000 Shares

EVP & CFO Luke M Beshar sold 50,000 shares of NPSP stock on 09/20/2013 at the average price of $30.26. Luke M Beshar owns at least 59,180 shares after this. The price of the stock has increased by 7.01% since.

NPS Pharmaceuticals Inc has a market cap of $3.28 billion; its shares were traded at around $32.38 with and P/S ratio of 25.06.

NPS reported a second quarter 2013 net loss of $12.4 million ($0.16 per share) compared to net income of $7.4 million ($0.08 per share) the same quarter last year. The company generated revenues of $31.7 million this quarter, compared to $28.5 million

VP, Technical Operations Joseph J Rogus sold 25,312 shares of NPSP stock on 09/16/2013 at the average price of $28.11.

Marketo Inc (MKTO, Financial): SVP & CFO Frederick Ball Sold 50,000 Shares

SVP & CFO of Marketo Inc (MKTO) Frederick Ball sold 50,000 shares on 09/18/2013 at an average price of $33.99.

Marketo Inc has a market cap of $1.17 billion; its shares were traded at around $31.56 with and P/S ratio of 13.89.

Marketo Inc. reported revenues of $22.5 million for its second quarter of 2013, representing a 62% increase over the second quarter of 2012. GAAP net loss was $0.63 per share, and non-GAAP net loss was $0.49 per share.

Groupon Inc (GRPN, Financial): CFO Jason Child Sold 40,000 Shares

CFO Jason Child sold 40,000 shares of GRPN stock on 09/23/2013 at the average price of $11.98. Jason Child owns at least 300,778 shares after this. The price of the stock has decreased by 2.67% since.

Groupon Inc has a market cap of $7.75 billion; its shares were traded at around $11.66 with and P/S ratio of 3.17.

Groupon reported second quarter gross billings increase of 10% globally to $1.41 billion, revenue increase of 7% to $608.7 million, and operating income decrease to $27.4 million from $46.5 million prior year quarter. Free cash flow for the quarter was $29.3 million.

Rexnord Corp (RXN, Financial): SVP & CFO Mark W Peterson Sold 35,983 Shares

SVP & CFO of Rexnord Corp (RXN) Mark W Peterson sold 35,983 shares on 09/19/2013 at an average price of $20.03.

Rexnord Corp has a market cap of $2.03 billion; its shares were traded at around $20.85 with a P/E ratio of 30.49 and P/S ratio of 1.05.

Rexnord Corp has released its first quarter 2014 results ended July 2013. Net sales increased 3% to $509 million, and net income increased to $14 million from a net loss of $1 million the same quarter of last year.

President & CEO Todd A. Adams sold 40,000 shares of RXN stock on 09/23/2013.

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