Ultimate Software Group Inc. (ULTI) Chairman, President and CEO Scott Scherr sells 31,775 Shares

Chairman, President and CEO of Ultimate Software Group Inc. (ULTI, Financial) Scott Scherr sells 31,775 shares of ULTI on 10/28/2010 at an average price of $40.9 a share.

Ultimate Software Group Inc. has a market cap of $1.03 billion; its shares were traded at around $41.38 with and P/S ratio of 5.1.

ULTI is in the portfolios of Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, RS Investment Management, Ron Baron of Baron Funds, Pioneer Investments.

CEO Recent Trades:

  • Sell: Chairman, President and CEO Scott Scherr sold 80,000 shares of ULTI stock on 08/03/2010 at the average price of 32.17. Scott Scherr owns at least 85,900 shares after this. The price of the stock has increased by 28.63% since.

  • Sell: Chairman, President and CEO Scott Scherr sold 100,000 shares of ULTI stock on 07/29/2010 at the average price of 33.28. Scott Scherr owns at least 85,900 shares after this. The price of the stock has increased by 24.34% since.



Directors and Officers Recent Trades:

  • Sell: Vice-Chairman & COO Marc D Scherr sold 50,000 shares of ULTI stock on 08/02/2010 at the average price of 32.49. Marc D Scherr owns at least 64,066 shares after this. The price of the stock has increased by 27.36% since.

  • Sell: Director James A Jr Fitzpatrick sold 2,423 shares of ULTI stock on 07/29/2010 at the average price of 34.22. James A Jr Fitzpatrick owns at least 6,256 shares after this. The price of the stock has increased by 20.92% since.

  • Sell: Director Leroy Vander Putten sold 5,000 shares of ULTI stock on 05/12/2010 at the average price of 35.02. Leroy Vander Putten owns at least 41,472 shares after this. The price of the stock has increased by 18.16% since.