Ultimate Software Group Inc. (ULTI) Vice-Chairman & COO Marc D Scherr sells 30,500 Shares

Vice-Chairman & COO of Ultimate Software Group Inc. (ULTI, Financial) Marc D Scherr sells 30,500 shares of ULTI on 02/10/2011 at an average price of $49.03 a share.

Ultimate Software Group Inc. has a market cap of $1.29 billion; its shares were traded at around $51.06 with a P/E ratio of 851 and P/S ratio of 5.67.

Hedge Fund Gurus that owns ULTI: Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns ULTI: Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Ron Baron of Baron Funds, RS Investment Management, Pioneer Investments.

CEO Recent Trades:

  • Sell: Chairman, President and CEO Scott Scherr sold 31,775 shares of ULTI stock on 10/28/2010 at the average price of 40.9. Scott Scherr owns at least 85,900 shares after this. The price of the stock has increased by 24.84% since.



CFO Recent Trades:

  • Sell: Exec. VP, CFO and Treasurer Mitchell K Dauerman sold 9,680 shares of ULTI stock on 10/28/2010 at the average price of 41.12. Mitchell K Dauerman owns at least 34,000 shares after this. The price of the stock has increased by 24.17% since.



Directors and Officers Recent Trades:

  • Sell: Director James A Jr Fitzpatrick sold 3,380 shares of ULTI stock on 10/28/2010 at the average price of 41.69. James A Jr Fitzpatrick owns at least 7,631 shares after this. The price of the stock has increased by 22.48% since.

  • Sell: Vice-Chairman & COO Marc D Scherr sold 22,242 shares of ULTI stock on 10/28/2010 at the average price of 40.91. Marc D Scherr owns at least 64,066 shares after this. The price of the stock has increased by 24.81% since.




For the complete insider trading history of ULTI, click here.