Weekly CFO Sells Highlight: TMO, ENTG, SCVL, ZQK, ASNA

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Jan 23, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Thermo Fischer Scientific, Entegris Inc., Shoe Carnival Inc., Quiksilver Inc., and Ascena Retail Group Inc.


Thermo Fisher Scientific (TMO, Financial): Senior Vice President and CFO Peter M. Wilver Sold 62,500 Shares


Senior Vice President and CFO Peter M. Wilver sold 62,500 shares of TMO stock on 01/17/2012 at the average price of $50. Peter M. Wilver owns at least 83,303 shares after this. The price of the stock has increased by 2.28% since.


Thermo Fisher Scientific is the world leader in serving science, enabling our customers to make the world healthier, cleaner and safer. Thermo Fisher Scientific has a market cap of $19.61 billion; its shares were traded at around $51.14 with a P/E ratio of 13.02 and P/S ratio of 1.82. Thermo Fisher Scientific had an annual average earnings growth of 12.7% over the past 10 years. GuruFocus rated Thermo Fisher Scientific the business predictability rank of 2.5-star.


In its third quarter of 2011, Thermo Fisher Scientific reported earnings per share of $1.07 – a growth of 23% from the same period last year. Revenues for the company grew 13% to $2.97 billion and operating margin increased to 18.4%. During this quarter, the company bought back 4 million shares of its own stock for $225 million.


Entegris Inc. (ENTG, Financial): Executive Vice President and CFO Gregory B. Graves Sold 46,500 Shares


Executive Vice President and CFO Gregory B. Graves sold 46,500 shares of ENTG stock on 01/19/2012 at the average price of $9.90. Gregory B. Graves owns at least 80,717 shares after this. The price of the stock has decreased by 1.11% since.


Entegris is a provider of materials management solutions to the microelectronics industry including, in particular, the semiconductor manufacturing and disk manufacturing markets. Entegris Inc. has a market cap of $1.34 billion; its shares were traded at around $9.79 with a P/E ratio of 11.37 and P/S ratio of 1.94.


Shoe Carnival Inc. (SCVL, Financial): Executive Vice President and CFO W. Kerry Jackson Sold 33,946 Shares


Executive Vice President and CFO of Shoe Carnival Inc. (SCVL) W. Kerry Jackson sold 33,946 shares on 01/18/2012 at an average price of $24.72. Shoe Carnival Inc. is a high volume, value-oriented retailer of family footwear. Shoe Carnival Inc. has a market cap of $338.92 million; its shares were traded at around $25.4 with a P/E ratio of 12.32 and P/S ratio of 0.46. Shoe Carnival Inc. had an annual average earnings growth of 0.1% over the past 10 years.


In its third quarter of 2011 ended October 29, Shoe Carnival Inc. reported a net sales increase of 5.4% to $215.5 million. EPS was reported at $0.78 compared to $0.70 prior year quarter. Gross profit margin was 30.2% for this quarter.


President and CEO Mark L Lemond sold a total of 25,000 shares of SCVL stock during the past week. Executive Vice PResident and CFO W Kerry Jackson sold 33,946 shares of SCVL stock on 01/18/2012 at the average price of $24.72. W. Kerry Jackson owns at least 23,334 shares after this. The price of the stock has increased by 2.75% since.


Quiksilver Inc. (ZQK, Financial): CFO Joseph Scirocco Sold 30,000 Shares


CFO of Quiksilver Inc. (ZQK) Joseph Scirocco sold 30,000 shares on 01/18/2012 at an average price of $4.25. Quiksilver Inc. is the world's outdoor sports lifestyle company, which designs, produces and distributes a diversified mix of branded apparel, winter sports and golf equipment, footwear, accessories and related products. Quiksilver Inc. has a market cap of $718.46 million; its shares were traded at around $4.27 with a P/E ratio of 27.19 and P/S ratio of 0.37. Quiksilver Inc. had an annual average earnings growth of 0.8% over the past 10 years.


Quiksilver Inc recently released its results for its fourth quarter of 2011. During this quarter the company saw revenue growth of 10% to $545.2 million, and Pro-Forma Adjusted EBITDA of $57.1 million compared to $59.9 million last year.


CEO Robert B. Mcknight Jr. sold 15,590 shares of ZQK stock on 01/18/2012 at the average price of $4.25. CFO Joseph Scirocco sold 30,000 shares of ZQK stock on 01/18/2012 at the average price of $4.25. Joseph Scirocco owns at least 760,000 shares after this. The price of the stock has increased by 0.47% since. Chief Administrative Officer Charles S. Exon and COO and Global Brand President Craig Stevenson both also sold shares of ZQK stock on 01/18/2012.


Ascena Retail Group Inc. (ASNA, Financial): Executive Vice President and CFO Armand Correia Sold 30,000 Shares


Executive Vice President and CFO Armand Correia sold 30,000 shares of ASNA stock on 01/20/2012 at the average price of $35.42. Armand Correia owns at least 7,613 shares after this. The price of the stock has increased by 0.08% since.


Ascena Retail Group Inc. is formerly known as The Dress Barn Inc. Ascena Retail Group Inc. has a market cap of $2.71 billion; its shares were traded at around $35.45 with a P/E ratio of 15.11 and P/S ratio of 0.93. Ascena Retail Group Inc. had an annual average earnings growth of 18.4% over the past 10 years. GuruFocus rated Ascena Retail Group Inc. the business predictability rank of 4-star.


Ascena Retail Group Inc. has released its first quarter 2012 results. In this quarter, Ascena saw EPS of $0.65, compared to $0.63 last year. Net sales increased 8% to $768.3 million, and the company repurchased 1.1 million shares of its own stock for $28.7 million


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