WEEKLY CFO SELLS HIGHLIGHT: WEC, LOOP, SPSC, OVRL, CRM

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Oct 23, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Wisconsin Energy Corp, Ubiquiti Networks Inc, LoopNet Inc, SPS Commerce Inc, Overland Storage Inc, and Salesforce.com Inc.


Wisconsin Energy Corp. (WEC, Financial): Executive Vice President & CFO Frederick D Kuester Sold 131,000 Shares

Executive Vice President & CFO of Wisconsin Energy Corp. (WEC) Frederick D Kuester sold 131,000 shares on 10/19/2011 at an average price of $32.35. Wisconsin Energy Corp. is a holding company with subsidiaries in utility and non-utility businesses. Wisconsin Energy Corp. has a market cap of $7.69 billion; its shares were traded at around $32.9 with a P/E ratio of 15.4 and P/S ratio of 1.8. The dividend yield of Wisconsin Energy Corp. stocks is 3.2%. Wisconsin Energy Corp. had an annual average earnings growth of 2.1% over the past 10 years. GuruFocus rated Wisconsin Energy Corp. the business predictability rank of 3-star.


Executive Vice President & CFO Frederick D Kuester sold 131,000 shares of WEC stock on 10/19/2011 at the average price of 32.35. Frederick D Kuester owns at least 53,740 shares after this. The price of the stock has increased by 1.7% since. Executive Vice President Allen L Leverett and Chairman, President, and CEO Gale E Klappa both also sold shares of WEC stock.


LoopNet Inc. (LOOP, Financial): CFO and VP, Finance/Admin Brent Stumme Sold 51,436 Shares

CFO and VP, Finance/Admin of LoopNet Inc. (LOOP) Brent Stumme sold 51,436 shares on 10/18/2011 at an average price of $17.47. LoopNet Inc is the online marketplace for commercial real estate in the United States, based on the number of monthly unique visitors to our marketplace. Loopnet Inc. has a market cap of $584.1 million; its shares were traded at around $17.5 with a P/E ratio of 72.9 and P/S ratio of 9.


In its second quarter 2011, LoopNet Inc. announced revenues of $21.6 million and net income of $1.9 million ($0.04 per share). This compares with last year’s revenues of $20.7 million and income of $3.2 million ($0.07 per share). Adjusted EBITDA was $7.1 million compared to prior year’s $7.2 million.


CFO and VP, Finance/Admin Brent Stumme sold 51,436 shares of LOOP stock on 10/18/2011 at the average price of 17.47. Brent Stumme owns at least 53,345 shares after this. The price of the stock has increased by 0.17% since. President and COO Thomas P Byrne and Chief Technology Officer & SVP Wayne B Warthen both also sold shares of LOOP stock.


SPS Commerce Inc. (SPSC, Financial): EVP & CFO Kimberly K. Nelson Sold 15,000 Shares

EVP & CFO Kimberly K. Nelson sold 15,000 shares of SPSC stock on 10/12/2011 at the average price of 19. The price of the stock has decreased by 0.53% since.


SPS Commerce is a provider of on-demand supply chain management solutions, providing integration, collaboration, connectivity, visibility and data analytics to its customers worldwide. Sps Commerce Inc. has a market cap of $226 million; its shares were traded at around $18.9 with a P/E ratio of 126 and P/S ratio of 5.1.


Overland Storage Inc. (OVRL, Financial): VP of Finance & CFO Kurt L. Kalbfleisch Sold 13,614 Shares

VP of Finance & CFO Kurt L. Kalbfleisch sold 13,614 shares of OVRL stock on 10/12/2011 at the average price of 2.45. Kurt L. Kalbfleisch owns at least 668,002 shares after this. The price of the stock has decreased by 1.63% since.


Overland Storage, Inc. is a global supplier of innovative hardware and software storage solutions for mid-range computer networks. Overland Storage Inc. has a market cap of $55.6 million; its shares were traded at around $2.41 with and P/S ratio of 0.8.


For its fourth quarter 2011 results, Overland Storage Inc. reported revenues of $17.6 million with gross margin of 32.5%.


Salesforce.com Inc. (CRM, Financial): CFO Graham Smith Sold 12,500 Shares

CFO Graham Smith sold 12,500 shares of CRM stock on 10/17/2011 at the average price of 129.71. Graham Smith owns at least 14,145 shares after this. The price of the stock has decreased by 0.32% since.


Salesforce.com is the market and technology leader in on-demand business services. Salesforce.com Inc. has a market cap of $17.52 billion; its shares were traded at around $129.29 with a P/E ratio of 287.4 and P/S ratio of 10.5.


During its second quarter 2011, Salesforce.com Inc reported revenues of $546 million – a 38% increase from prior year quarter. Operating cash flow was $83 million – up 9% from last year. GAAP net loss per share was $0.03 and non-GAAP EPS was $0.30


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