Weekly CFO Sells Highlight: SABA, LQDT, ULTA, VRSK, KLAC, JBL

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Oct 17, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Saba Software Inc, Liquidity Services Inc., Ulta Salon Cosmetics & Fragrance Inc., Verisk Analytics Inc., KLATencor Corp. and Jabil Circuit Inc.


Saba Software Inc. (SABA, Financial): CFO William Slater Sold 83,498 Shares


CFO of Saba Software Inc. (SABA) William Slater sold 83,498 shares on 10/11/2011 at an average price of $6.16. Saba Software Inc. is a provider of software and services that enable businesses and governments to create and deploy global networks over the Internet that connect people to learning. Saba Software Inc. has a market cap of $190.8 million; its shares were traded at around $6.5 with and P/S ratio of 1.6.


For its first quarter 2012, Saba Software Inc. announced GAAP revenues of $30.6 million and GAAP net loss of $0.20 per share. This compared with revenues of $27.2 million and net loss of $0.12 per share last year. Cash flow from operations was $3.4 million.


CFO William Slater and CEO & Chairman of the Board Babak Yazdani sold shares of SABA stock.


Liquidity Services Inc. (LQDT, Financial): CFO, Treasurer James M Rallo Sold 70,436 Shares


CFO, Treasurer of Liquidity Services Inc. (LQDT) James M Rallo sold 70,436 shares on 10/12/2011 at an average price of $31.01. Liquidity Services, Inc. is a online auction marketplace for wholesale, surplus and salvage assets. Liquidity Services Inc. has a market cap of $892 million; its shares were traded at around $31.52 with a P/E ratio of 38.4 and P/S ratio of 3.1.


For its third quarter 2011, Liquidity Services Inc. announced revenues of $86.1 million – a 18% increase from prior year quarter. Adjusted EBITDA was $15.1 million and adjusted net income was reported at $15.3 million.


Director Jaime Mateus-tique, Chief Information Officer Eric C. Dean, VP, Gen. Counsel & Secretary James Edwin Williams, and Exec. and VP/Pres. Asset Recovery G. Cayce Roy all sold shares of LQDT stock.


Ulta Salon Cosmetics & Fragrance Inc. (ULTA, Financial): CFO Gregg R Bodnar Sold 50,000 Shares


CFO Gregg R Bodnar sold 50,000 shares of ULTA stock on 10/10/2011 at the average price of 69.19. The price of the stock has decreased by 0.42% since.


ULTA is the largest beauty retailer that provides one-stop shopping for prestige, mass and salon products and salon services in the United States. Ulta Salon Cosmetics & Fragrance Inc. has a market cap of $4.23 billion; its shares were traded at around $68.9 with a P/E ratio of 46.8 and P/S ratio of 2.9.


Verisk Analytics Inc. (VRSK, Financial): EVP and CFO Mark V. Anquillare Sold 30,000 Shares


EVP and CFO of Verisk Analytics Inc. (VRSK) Mark V. Anquillare sold 30,000 shares on 10/10/2011 at an average price of $34.61. Verisk Analytics is a provider of risk assessment solutions to professionals in insurance, healthcare, mortgage lending, government, risk management, and human resources. Verisk Analytics Inc. has a market cap of $5.26 billion; its shares were traded at around $34.9 with a P/E ratio of 22.4 and P/S ratio of 4.6.


During its second quarter 2011, Verisk Analytics Inc. reported a revenue growth of 16.2% from prior year quarter, diluted EPS growth of 24.2%, and EBITDA increase of 15.7% from last year.


Chairman and CEO Frank J Coyne sold 100,000 shares of VRSK stock on 10/05/2011 at the average price of 34.28. EVP and CFO Mark V Anquillare sold 30,000 shares of VRSK stock on 10/10/2011 at the average price of 34.61. Mark V Anquillare owns at least 8,634 shares after this. The price of the stock has increased by 0.84% since. Other insiders sold shares of VRSK stock as well.


KLATencor Corp. (KLAC, Financial): EVP & CFO Mark P Dentinger Sold 24,684 Shares


EVP & CFO Mark P. Dentinger sold 24,684 shares of KLAC stock on 10/07/2011 at the average price of 41.55. Mark P. Dentinger owns at least 92,900 shares after this. The price of the stock has increased by 5.54% since.


KLA-Tencor Corporation is one of the world's suppliers of process control and yield management solutions for the semiconductor and related microelectronics industries. Klatencor Corp. has a market cap of $7.3 billion; its shares were traded at around $43.85 with a P/E ratio of 9 and P/S ratio of 2.3. The dividend yield of Klatencor Corp. stocks is 3.2%.


KLATencor Corp. has announced its fourth quarter 2011 results. For this quarter, the company reported GAAP net income of $245 million, which increased from last year’s $120 million. Revenues were $892 million, an increase from $559 million last year.


Jabil Circuit Inc. (JBL, Financial): CFO Forbes I. J. Alexander Sold 20,620 Shares


CFO Forbes I. J. Alexander sold 20,620 shares of JBL stock on 10/11/2011 at the average price of $20. Forbes I. J. Alexander owns at least 642,511 shares after this. The price of the stock has increased by 0.35% since.


Jabil Circuit Inc. is a worldwide independent provider of electronic manufacturing services. Jabil Circuit Inc. has a market cap of $4.39 billion; its shares were traded at around $20.07 with a P/E ratio of 10 and P/S ratio of 0.3. The dividend yield of Jabil Circuit Inc. stocks is 1.4%. Jabil Circuit Inc. had an annual average earnings growth of 9.6% over the past 10 years. GuruFocus rated Jabil Circuit Inc. the business predictability rank of 2.5-star.


In its fourth quarter 2011, Jabil Circuit Inc. reported net revenues of $4.3 billion and net income of $114.3 million. This was an increase from the $3.9 billion in revenue and $58.7 million in income last year. Operating income was $165.6 million for this quarter.


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