Ultimate Software Group Inc. (ULTI) Exec. VP, CFO and Treasurer Mitchell K Dauerman sells 50,000 Shares

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Aug 03, 2009
Exec. VP, CFO and Treasurer of Ultimate Software Group Inc. (ULTI, Financial) Mitchell K Dauerman sells 50,000 shares of ULTI on 07/30/2009 at an average price of $24.81 a share.

Ultimate Software is a leader in delivering Web-based payroll and employee management solutions to organizations of all sizes. Ultimate Software\'s fully integrated award-winning UltiPro suite enables businesses to manage human resources and payroll strategically and cost-effectively benefiting everyone in the organization. Ultimate Software offers application hosting through IBM Global Services and a business-to-business Web portal providing access to value-added resources via the Internet. Ultimate Software Group Inc. has a market cap of $623.39 million; its shares were traded at around $25.6 with and P/S ratio of 3.49.

ULTI is in the portfolios of Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc, Ron Baron of Baron Funds.

Recent Trades of Ultimate Software Group Inc. by CEO:
  • Sell: Chairman, President and CEO Scott Scherr sold 20,000 shares of ULTI stock on 05/18/2009 at the average price of $17.9; the price of the stock has increased by 43.02% since.





Recent Trades of Ultimate Software Group Inc. by Directors and Officers:
  • Sell: Vice-Chairman & COO Marc D Scherr sold 15,000 shares of ULTI stock on 05/18/2009 at the average price of $17.93; the price of the stock has increased by 42.78% since.

  • Sell: Vice-Chairman & COO Marc D Scherr sold 25,000 more shares of ULTI stock on 05/04/2009 at the average price of $19; the price of the stock has increased by 34.74% since.