Weekly CFO Sells Highlight: BLOX, MFRM, LNKD, VNR, CAH

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Oct 15, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Infoblox Inc., Mattress Firm Holding Corp, LinkedIn Corporation, Vanguard Natural Resources, and Cardinal Health Inc.


Infoblox Inc. (BLOX): Chief Financial Officer Remo Canessa Sold 94,000 Shares



Infoblox Chief Financial Officer, Remo Canessa, sold 94,000 shares of BLOX stock on 10/11/2012 at the average price of $20. Canessa owns at least 353,750 shares after this. The price of the stock has decreased by 0.75% since.


Infoblox Inc. operates as an automated network controller and provides an appliance-based solution that enables dynamic networks and next-generation data centers. Infoblox Inc. has a market cap of $920.4 million; its shares were traded at around $19.85 with a P/S ratio of 5.44.


Infoblox Inc. has released its fourth quarter 2012 earnings results. For this quarter, the company generated net revenue of $45.1 million, an increase of 14 percent over prior year quarter. GAAP net loss was $4.3 million ($0.10 per diluted share), compared to a net loss of $2.1 million ($0.20 per share) in the same quarter of 2011.


President and CEO Robert D. Thomas sold 195,000 shares of BLOX stock on 10/11/2012 at the average price of $20. Multiple other insiders also sold shares of BLOX stock over the past week.


Mattress Firm Holding Corp. (MFRM): Executive Vice President, Chief Financial Officer and Treasurer, James R. Black Sold 55,000 Shares


Executive Vice President, Chief Financial Officer and Treasurer James R. Black sold 55,000 shares of MFRM stock on 10/10/2012 at the average price of $28.51. Black owns at least 457,922 shares after this. The price of the stock has increased by 12.52 percent since.


Mattress Firm Holding Corp. operates as a mattress retailer in the United States. Mattress Firm Holding Corp. has a market cap of $1.08 billion; its shares were traded at around $32.08 with a P/E ratio of 23.25 and a P/S ratio of 1.54.


Mattress Firm Holding Corp has released its first quarter 2012 results ended May 1, 2012. Net sales for the first quarter were $209.8 million, compared to $151.9 million to prior year's quarter. Comparable store sales increased 16.1 percent, and GAAP EPS were $0.29. Also, on May 2, 2012, Mattress Firm completed its acquisition of the equity interests of Mattress Giant for $44 million.


President and CEO R. Stephen Stagner and Executive Vice President Kenneth E. Murphy both sold shares of MFRM stock on 10/10/2012 at the average price of 28.51. Vice President George W. Mcgill and many other insiders also sold shares of MFRM stock recently.


LinkedIn Corporation (LNKD) Senior Vice President and Chief Financial Officer Steven J. Sordello Sold 50,000 Shares


Senior Vice President and Chief Financial Officer Steven J. Sordello sold 50,000 shares of LNKD stock on 10/08/2012 at the average price of $118.03. Sordello owns at least 43,832 shares after this. The price of the stock has decreased by 6.46% since.


LinkedIn Corporation is an online professional network which allows members to create, manage, and share their professional identity online, build and engage with their professional network, access shared knowledge and insights, and find business opportunities. LinkedIn Corporation has a market cap of $11.67 billion; its shares were traded at around $110.41 with a P/E ratio of 788.64 and a P/S ratio of 22.35.


LinkedIn reported second quarter 2012 revenue of $228.2 million, an increase of 89 percent compared to $121 million in the second quarter of 2011.GAAP net income for this quarter was $2.8 million, compared to a net income of $4.5 million in the prior year's quarter. Adjusted EBITDA was $50.4 million, with a revenue of 22 percent.


CEO Jeff Weiner sold 74,584 shares of LNKD stock on 10/01/2012 at the average price of $118.53.


Vanguard Natural Resources, LLC (VNR): Executive Vice President and Chief Financial Officer Richard A. Robert Sold 50,000 Shares


Executive Vice President and Chief Financial Officer Richard A. Robert sold 50,000 shares of Vanguard Natural Resources stock on 10/09/2012 at the average price of $29.84. Richard A. Robert owns at least 170,080 shares after this. The price of the stock has decreased by 2.38 percent since.


Vanguard is an independent natural gas and oil company, focused on the acquisition, exploitation and development of natural gas and oil properties. Vanguard Natural Resources, LLC has a market cap of $1.68 billion; its shares were traded at around $29.13 with a P/E ratio of 16.09 and P/S ratio of 5.37. The dividend yield of Vanguard Natural Resources, LLC stocks is 2.75 percent.


Vanguard saw a second quarter 2012 net income of $103.4 million ($1.99 per share), compared to $31.8 million ($1.05 per share) from the prior year's quarter. During this quarter, the company increased proved reserves by 86 percent to 136.2 million barrels.


Vice President of Engineering, Britt Pence sold 75,000 shares of Vanguard stock on 10/09/2012 at the average price of $29.84.


Cardinal Health, Inc. (CAH): Chief Financial Officer Jeffrey William Henderson Sold 46,226 Shares


Chief Financial Officer Jeffrey William Henderson sold 46,226 shares of CAH stock on 10/04/2012 at the average price of $40. Henderson owns at least 109,910 shares after this. The price of the stock has increased by 2.23 percent since.


Cardinal Health Inc. is one of the providers of products and services to healthcare providers and manufacturers to help them improve the efficiency and quality of healthcare. Cardinal Health, Inc. has a market cap of $13.92 billion; its shares were traded at around $40.89 with a P/E ratio of 12.74 and a P/S ratio of 0.13. The dividend yield of Cardinal Health Inc. stocks is 2.32 percent. Cardinal Health Inc. had an annual average earnings growth of 0.2 percent over the past 10 years.


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