Weekly CEO Sells Highlight: DemandTec Inc., Ruby Tuesday Inc., Prospect Medical Holdings Inc, Blackboard Inc., and Volterra Semiconductor Corp.

Weekly CEO Sells Highlight: DMAN, RT, PZZ, BBBB, VLTR

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Feb 01, 2010
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: DemandTec Inc. (DMAN, Financial), Ruby Tuesday Inc. (RT, Financial), Prospect Medical Holdings Inc (PZZ, Financial), Blackboard Inc. (BBBB, Financial), and Volterra Semiconductor Corp. (VLTR, Financial)


Ruby Tuesday Inc. (RT): CEO Samuel E. Beall III sold 350,000 Shares




CEO of Ruby Tuesday Inc. (RT) Samuel E Beall III sold 350,000 shares on 01/28/2010 at an average price of $7.03. Ruby Tuesday Inc. has a market cap of $445.6 million; its shares were traded at around $6.91 with a P/E ratio of 10.4 and P/S ratio of 0.4. Ruby Tuesday Inc. had an annual average earning growth of 6.6% over the past 10 years.


On January 8th, Ruby Tuesday Inc. reported results for its second quarter ended December 3, 2000. Earnings per share were $0.17, up 31% from $0.13 a year ago. This marks the eleventh consecutive quarter, and the seventeenth out of nineteen previous quarters, of earnings per share growth in excess of 20%. Net income of $11.0 million for the quarter was up 30% from $8.4 million a year ago. Pre-tax margin of 8.7% was 190 basis points higher than the prior year.


RT is in the portfolios of Westport Asset Management, Chuck Royce of ROYCE & ASSOCIATES.


Director Stephen I Sadove , Senior VP-CTO Nicolas Ibrahim and Executive Vice President Kimberly Grant also sold the company’s shares recently.


Prospect Medical Holdings Inc (PZZ): CEO, 10% Owner Samuel Sang-bum Lee sold 206,550 Shares




CEO, 10% Owner of Prospect Medical Holdings Inc (PZZ) Samuel Sang-bum Lee sold 206,550 shares on 01/28/2010 at an average price of $5.53.


Prospect Medical Holdings, Inc. is a health care management services organization that provides management services primarily to affiliated IPAs. Prospect Medical Holdings Inc has a market cap of $122.2 million; its shares were traded at around $5.91 with a P/E ratio of 18 and P/S ratio of 0.3.


On December 18, 2009, Prospect Medical Holdings, Inc. announced that it plans to issue financial results for the fourth quarter and full year ended September 30, 2009 before the market opens on Monday, December 21, 2009.


Director Glenn R Robson bought 8,300 shares of PZZ stock in December and November.


Blackboard Inc. (BBBB): CEO, President Michael L Chasen sold 59,598 Shares

CEO, President of Blackboard Inc. (BBBB) Michael L Chasen sold 59,598 shares on 01/26/2010 at an average price of $40.86. Blackboard Inc provides enterprise software applications and related services to the education industry. Blackboard Inc. has a market cap of $1.28 billion; its shares were traded at around $39.41 with a P/E ratio of 40.2 and P/S ratio of 4.2.


Blackboard Inc. announced on January 14th that it will issue a press release concerning its financial results for the fourth quarter and year-end of 2009 after the market close on Wednesday, February 3, 2010.


CEO, President Michael L Chasen also sold shares of BBBB stock in October, and August of 2009. CFO Michael J Beach , and other company insiders Frank R Gatti, E Rogers Novak Jr. , Chief Business Officer Matthew H Small , Pres Sales/Mktg and CCO Judy Verses , and VP - Finance & Accounting Jonathan Walsh togethersold 33,325 shares of BBBB stock all in January.


Volterra Semiconductor Corp. (VLTR): President, CEO Jeffrey Staszak sold 57,750 Shares

President, CEO of Volterra Semiconductor Corp. (VLTR) Jeffrey Staszak sold 57,750 shares on 01/26/2010 at an average price of $20.05.


Volterra Semiconductor Corporation designs, develops and markets proprietary, analog and mixed-signal power management semiconductors for the computing, storage, networking and consumer markets. Volterra Semiconductor Corp. has a market cap of $491.6 million; its shares were traded at around $19.49 with a P/E ratio of 97.6 and P/S ratio of 4.6.


Volterra Semiconductor Corporation reported on January 25th that financial results for its fourth quarter and fiscal year ended December 31, 2009.Net revenue for the fourth quarter of 2009 was $34.2 million, a 56% increase over net revenue of $21.9 million for the fourth quarter of 2008, and up 15% from net revenue of $29.7 million for the third quarter of 2009. GAAP net income was $7.0 million, or $0.28 per share (diluted), for the fourth quarter of 2009, up 536% from GAAP net income of $1.1 million, or $0.04 per share (diluted), for the fourth quarter of 2008 and up 103% from GAAP net income $3.4 million, or $0.14 per share (diluted), for the third quarter of 2009.


Together, President, CEO Jeffrey Staszak sold 90,750 shares of VLTR stock in January 2010 and December, November, and October of 2009. VP, CFO and Treasurer Mike Burns and VP Sales & Appl. Engineering Craig Teuscher also sold company’s shares.


DemandTec Inc. (DMAN): CEO Daniel R Fishback sold 127,000 Shares

CEO of DemandTec Inc. (DMAN) Daniel R Fishback sold 127,000 shares during the past week at an average price of $7.07.


On Jan 7, 2010, DemandTec, Inc. announced financial results for the third quarter of fiscal year 2010 ended November 30, 2009. Revenue was $20.1 million in the third quarter of fiscal 2010, a 6% increase from $19.0 million in the third quarter of fiscal 2009 and a 1% increase from $19.8 million in the second quarter of fiscal 2010. GAAP gross profit was $13.7 million in the third quarter fiscal 2010, compared to gross profit of $13.2 million in the third quarter of fiscal 2009.


DMAN is in the portfolios of Arnold Van Den Berg of Century Management, Manning & Napier Advisors, Inc, Manning & Napier Advisors, Inc.


CEO Daniel R Fishback also shares of DMAN October, 2009. EVP & CFO Mark Culhane, EVP & COO William Phelps and 10% Owner Cargill Inc all sold shares of DMAN stock in recent month.


Demandtec Inc. has a market cap of $170.9 million; its shares were traded at around $5.94 with and P/S ratio of 2.3.


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