Weekly CFO Sells Highlight: ULTA, MIND, DG, PSA, CBPO, CNK

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Dec 20, 2011
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Ulta Salon Cosmetics & Fragrance Inc. (ULTA, Financial), Dollar General (DG, Financial), Mitcham Industries Inc., Public Storage, China Biologic Products Incorporated, and Cinemark Holdings.


Ulta Salon Cosmetics & Fragrance Inc. (ULTA): CFO Gregg R. Bodnar Sold 100,000 Shares


CFO Gregg R. Bodnar sold 100,000 shares of ULTA stock on 12/12/2011 at the average price of $72.52. The price of the stock has decreased by 10.49% 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 $3.98 billion; its shares were traded at around $64.91 with a P/E ratio of 39.1 and P/S ratio of 2.7.


In its third quarter of 2011, Ulta Salon Cosmetics & Fragrance Inc. announced net sales of $413.1 million — up 21.8% from prior year quarter. Net income increased 88.5% to $26.8 million ($0.42 per share) compared to $14.2 million last year.


Mitcham Industries Inc. (MIND, Financial): CFO Robert P. Capps Sold 65,833 Shares


CFO of Mitcham Industries Inc. (MIND) Robert P. Capps sold 65,833 shares on 12/13/2011 at an average price of $20.81. Mitcham Industries Inc. specializes in the leasing and sale of seismic equipment to the oil and gas industry. Mitcham Industries Inc. has a market cap of $246.4 million; its shares were traded at around $19.85 with a P/E ratio of 14.4 and P/S ratio of 3.5.


Mitcham Industires Inc. has released its results for its’ third fiscal quarter in 2012. During this quarter, revenues increased 40% from the same period last year to $28 million — with EPS of $0.52 compared to $0.07 prior year quarter. EBITDA increased 144% to $16.6 million from last year.


CFO Robert P. Capps sold 65,833 shares of MIND stock on 12/13/2011 at the average price of 20.81. Robert P. Capps owns at least 16,931 shares after this. The price of the stock has decreased by 4.61% since. Vice President Marine Systems Guy Malden sold 28,008 shares of MIND stock on 12/13/2011 at the average price of $20.54.


Dollar General (DG): Executive Vice President and CFO David M. Tehle Sold 58,993 Shares


Executive Vice President and CFO of Dollar General (DG) David M. Tehle sold 58,993 shares on 12/12/2011 at an average price of $37.64. Dollar General Corporation is a discount retailer in the U.S. Dollar General has a market cap of $13.82 billion; its shares were traded at around $40.47 with a P/E ratio of 18.9 and P/S ratio of 1.1.


Dollar General has reported its results for the third quarter of 2011. During this quarter, the company saw net income of $171 million ($0.50 per share) — compared to income of $128 million prior year quarter. Sales for this quarter increased 11.5% to $3.6 billion from the third quarter of 2010.


Chairman & CEO Richard W. Dreiling sold 75,263 shares of DG stock on 12/12/2011 at the average price of $37.64. Executive Vice President and CFO David M. Tehle sold 58,993 shares of DG stock on 12/12/2011 at the average price of $37.64. David M. Tehle owns at least 9,140 shares after this. The price of the stock has increased by 7.52% since. 10% Owner Holdings L.P. Buck sold 27,944,138 shares of DG stock on 12/12/2011 at the average price of $37.64. Multiple other insiders recently sold shares of DG stock as well.


Public Storage (PSA, Financial): Senior Vice President and CFO John Reyes Sold 50,000 Shares


Senior Vice President and CFO of Public Storage (PSA) John Reyes sold 50,000 shares on 12/09/2011 at an average price of $130.04. Public Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust that primarily acquires, develops, owns and operates self-storage facilities. Public Storage has a market cap of $21.87 billion; its shares were traded at around $127.83 with a P/E ratio of 23.7 and P/S ratio of 13.3. The dividend yield of Public Storage stocks is 3%. Public Storage had an annual average earnings growth of 5.7% over the past 10 years. GuruFocus rated Public Storage the business predictability rank of 4.5-star.


In its third quarter of 2011, Public Storage reported net income of $148.1 million — an increase from $34.7 million reported in the same period of last year.


Chairman and CEO Ronald L. Havner Jr. sold 100,000 shares of PSA stock on 12/14/2011 at the average price of $127.17. Senior Vice President and CFO John Reyes sold 50,000 shares of PSA stock on 12/09/2011 at the average price of $130.04. John Reyes owns at least 113,661 shares after this. The price of the stock has decreased by 1.7% since.


China Biologic Products, Incorporated (CBPO, Financial): CFO Yuyun Tristan Kuo Sold 50,000 Shares


CFO Yuyun Tristan Kuo sold 50,000 shares of CBPO stock on 12/14/2011 at the average price of $11.51. The price of the stock has increased by 0.35% since.


China Biologic Products Inc., through its indirect majority-owned subsidiary, is principally engaged in the research, development, production, manufacturing and sale of plasma-based biopharmaceutical products to hospitals and other health care facilities in China. China Biologic Products Inc. has a market cap of $295.1 million; its shares were traded at around $11.55 with a P/E ratio of 11.1 and P/S ratio of 2.1.


China Biologic Products Inc. reported third quarter net loss of $9.4 million — a decrease in loss of $23.1 million from prior year quarter. Net loss per share was $0.37.


Cinemark Holdings Inc. (CNK, Financial): CFO Robert Copple Sold 35,594 Shares


CFO Robert Copple sold 35,594 shares of CNK stock on 12/12/2011 at the average price of 20. Robert Copple owns at least 265,960 shares after this. The price of the stock has decreased by 8% since.


Cinemark Holdings is a leader in the motion picture exhibition industry. Cinemark Holdings Inc. has a market cap of $2.1 billion; its shares were traded at around $18.4 with a P/E ratio of 13.7 and P/S ratio of 1. The dividend yield of Cinemark Holdings Inc. stocks is 4.6%.


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