Weekly CFO Sells HIGHLIGHT: TMO, BLOX, VRSK, CRL, INGR, GWRE

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Jan 13, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Thermo Fisher Scientific Inc., Infoblox Inc., Verisk Analytics Inc., Charles River Laboratories International Inc., Ingredion Inc., and Guidewire Software Inc.

Thermo Fisher Scientific Inc. (TMO, Financial): Sr. Vice President and CFO Peter M. Wilver Sold 105,280 Shares

Sr. Vice President and CFO Peter M. Wilver sold 105,280 shares of TMO stock on Jan. 7 at the average price of $65.68. Wilver owns at least 107,224 shares after this. The price of the stock has increased by 2.88% since.

Thermo Fisher Scientific Inc. is a Delaware corporation and was incorporated in 1956. The company has a market cap of $23.73 billion; its shares were traded at around $67.57 with a P/E ratio of 13.5 and P/S ratio of 2. The dividend yield of Thermo Fisher Scientific Inc. stocks is 0.8%. It had an annual average earnings growth of 16.4% over the past 10 years.

Thermo Fisher Scientific Inc. reported third quarter 2012 revenue of $3.09 billion, a 5% increase from prior year quarter. Net income was $290.4 million, compared to $265.4 million prior year quarter, representing diluted EPS of $0.79 compared to $0.69 last year. The company also generated free cash flow of $419.8 million compared to $296.1 million prior year quarter.

Infoblox Inc. (BLOX, Financial): CFO Remo Canessa Sold 50,000 Shares

CFO Remo Canessa sold 50,000 shares of BLOX stock on Jan. 4 at the average price of $18.27. Remo Canessa owns at least 355,312 shares after this. The price of the stock has increased by 5.09% since.

Infoblox Inc. was originally incorporated in Illinois in February 1999 and reincorporated in Delaware in May 2003. Infoblox Inc. has a market cap of $885 million; its shares were traded at around $19.2 with and P/S ratio of 4.7.

Infoblox Inc. recently released its first quarter 2013 results ended Oct. 31, 2012. For this quarter, the company reported net revenue of $49.5 million, a 25.8% increase over prior year quarter. GAAP net loss for the quarter was $2.4 million ($0.05 per diluted share), compared to a loss of $1.8 million ($0.16 per share) in the same quarter last year.

Executive Vice Presidents Sohail M. Parekh and David Nicholas Gee both also sold shares of BLOX stock recently.

Verisk Analytics Inc. (VRSK, Financial): Executive Vice President and CFO Mark V. Anquillare Sold 40,000 Shares

Executive Vice President and CFO Mark V. Anquillare sold 40,000 shares of VRSK stock on Jan. 10 at the average price of $53.99. Anquillare owns at least 21,408 shares after this. The price of the stock has decreased by 0.59% since.

Verisk Analytics Inc is a provider of information about risk to professionals in insurance, healthcare, mortgage, government, supply chain, and risk management. The company has a market cap of $8.88 billion; its shares were traded at around $53.67 with a P/E ratio of 25 and P/S ratio of 6.2.

Verisk Analytics Inc. delivered third quarter 2012 net income of $82.9 million, an increase of 16.8% over prior year quarter. Diluted EPS were $0.48 for the quarter, compared to $0.41 last year. Diluted adjusted EPS were $0.54, compared to prior year quarter’s $0.45.

Chairman and CEO Frank J. Coyne sold 100,000 shares of VRSK stock on Jan. 7 at the average price of $53.23.

Charles River Laboratories International Inc. (CRL, Financial): Corporate Executive Vice President and CFO Thomas F. Ackerman Sold 30,600 Shares

Corporate Executive Vice President and CFO Thomas F. Ackerman sold 30,600 shares of CRL stock on Jan. 4 at the average price of $39. Ackerman owns at least 108,887 shares after this. The price of the stock has increased by 3.33% since.

Charles River Laboratories International Inc. was incorporated in 1994. The company has a market cap of $1.89 billion; its shares were traded at around $40.3 with a P/E ratio of 13.8 and P/S ratio of 1.6.

Ingredion Inc. (INGR, Financial): Executive Vice President and CFO Cheryl K. Beebe Sold 30,200 Shares

Executive Vice President and CFO Cheryl K. Beebe sold 30,200 shares of INGR stock on Jan. 4 at the average price of $67.01. Beebe owns at least 84,304 shares after this. The price of the stock has increased by 1.28% since.

Ingredion Inc. was incorporated as a Delaware corporation in 1997 and its common stock is traded on the New York Stock Exchange.

In its third quarter of 2012, Ingredion Inc. reported EPS of $1.45, a 29% increase from the $1.12 of the third quarter of 2011.

Guidewire Software Inc. (GWRE, Financial): CFO Karen Blasing Sold 30,000 Shares

CFO of Guidewire Software Inc. (GWRE) Karen Blasing sold 30,000 shares on Jan. 8 at an average price of $30.88.

Guidewire Software Inc. has a market cap of $1.72 billion; its shares were traded at around $31.44 with a P/E ratio of 327.4 and P/S ratio of 7.

For its first quarter 2013 ended Oct. 31, 2012, Guidewire Software Inc. reported revenue of $63.3 million, a 21% increase year-over-year. GAAP net income was $0.4 million, compared to $4.8 million prior year quarter.

Multiple other insiders also recently sold shares of GWRE stock.

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