Weekly CFO Sells Highlight: RRR, DHI, TWTC, FTNT

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Feb 05, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: RSC Holdings, D.R. Horton Inc, TW Telecom Inc, and Fortinet Inc.


RSC Holdings (RRR, Financial): SVP and CFO Patricia Chiodo Sold 131,115 Shares


SVP and CFO of RSC Holdings (RRR) Patricia Chiodo sold 131,115 shares on 02/01/2012 at an average price of $21.3. RSC HOLDINGS is one of the largest equipment rental providers in North America. Rsc Holdings has a market cap of $2.27 billion; its shares were traded at around $21.81 with a P/E ratio of 198.3 and P/S ratio of 1.8.


RSC Holdings recently reported its fourth quarter 2011 results ended December 31, 2011. In this quarter, the company saw total revenue of $421 million, compared to $339 million in the same period prior year. Fourth quarter net income was $5 million ($0.04 per share), compared to a net loss of $7 million prior year quarter. Adjusted EBITDA for the quarter was $164 million.


President and CEO Erik Olsson sold 752,023 shares of RRR stock on 02/01/2012 at the average price of 21.37. SVP and CFO Patricia Chiodo sold 131,115 shares of RRR stock on 02/01/2012 at the average price of 21.3. Patricia Chiodo owns at least 104,216 shares after this. The price of the stock has increased by 2.39% since. Multiple other insiders also sold shares of RRR stock during the past week.


D.R. Horton Inc. (DHI, Financial): EVP and CFO Bill W Wheat Sold 93,500 Shares


EVP and CFO of D.R. Horton Inc. (DHI) Bill W Wheat sold 93,500 shares on 02/01/2012 at an average price of $14.03. D.R. Horton, Inc., one of the largest homebuilders in the United States, builds high quality, single-family homes designed principally for the entry-level and move-up markets. D.r. Horton Inc. has a market cap of $4.64 billion; its shares were traded at around $14.66 with a P/E ratio of 56.5 and P/S ratio of 1.3. The dividend yield of D.r. Horton Inc. stocks is 1.1%.


D.R. Horton Inc. recently released its first quarter results for 2012. In this quarter, the company reported net income of $27.7 million ($0.09 per diluted share), as compared to a net loss of $20.4 million in the same quarter last year.


President and CEO Donald J Tomnitz sold 283,754 shares of DHI stock on 02/01/2012 at the average price of 14.09. EVP and CFO Bill W Wheat sold 93,500 shares of DHI stock on 02/01/2012 at the average price of 14.03. Bill W Wheat owns at least 26,115 shares after this. The price of the stock has increased by 4.49% since.


TW Telecom Inc. (TWTC, Financial): EVP and CFO Mark A Peters Sold 49,918 Shares


EVP and CFO Mark A Peters sold 49,918 shares of TWTC stock on 02/02/2012 at the average price of 20.54. The price of the stock has increased by 1.27% since.


TW TELECOM INC., headquartered in Littleton, Colo., provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP, VPN and security, to enterprise organizations and communications services companies throughout the U. Tw Telecom Inc. has a market cap of $3.11 billion; its shares were traded at around $20.8 with a P/E ratio of 54.7 and P/S ratio of 2.4. Tw Telecom Inc. had an annual average earnings growth of 6.4% over the past 10 years. GuruFocus rated TW Telecom Inc. the business predictability rank of 3.5-star.


TW Telecom Inc. has released its third quarter results for the year 2011. The company reported year-over-year growth of 7.5% in revenue.


Fortinet Inc. (FTNT, Financial): VP & CFO Kenneth A Goldman Sold 45,000 Shares


VP & CFO of Fortinet Inc. (FTNT) Kenneth A Goldman sold 45,000 shares on 02/03/2012 at an average price of $25.48. Fortinet, Inc., headquartered in Sunnyvale, California, is a provider of network security appliances and Unified Threat Management network security solutions to enterprises, service providers and government entities worldwide. Fortinet Inc. has a market cap of $3.91 billion; its shares were traded at around $25.38 with a P/E ratio of 65.9 and P/S ratio of 12.1.


For its fourth quarter of the year 2011, Fortinet Inc. reported revenues of $120.9 million – up 29% from prior year quarter. GAAP EPS was $0.10 and free cash flow of $30.7 million.


VP & CFO Kenneth A Goldman sold 45,000 shares of FTNT stock on 02/03/2012 at the average price of 25.48. The price of the stock has decreased by 0.39% since. VP & General Counsel John Whittle and Director Christopher B Paisley also recently sold shares of FTNT stock.


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