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The Ultimate Software Group Inc (ULTI) Chairman, President and CEO Scott Scherr Sold $24.8 million of Shares

February 13, 2018 | About:

Chairman, President and CEO of The Ultimate Software Group Inc (NASDAQ:ULTI) Scott Scherr sold 110,522 shares of ULTI on 02/12/2018 at an average price of $224.58 a share. The total sale was $24.8 million.

The Ultimate Software Group Inc is a provider of human capital management software solutions. Its UltiPro product suite includes human resources, payroll, and benefits management functionality. The Ultimate Software Group Inc has a market cap of $6.9 billion; its shares were traded at around $230.95 with a P/E ratio of 481.16 and P/S ratio of 7.49. The Ultimate Software Group Inc had annual average EBITDA growth of 22.60% over the past ten years. GuruFocus rated The Ultimate Software Group Inc the business predictability rank of 3.5-star.

CEO Recent Trades:

  • Chairman, President and CEO Scott Scherr sold 110,522 shares of ULTI stock on 02/12/2018 at the average price of $224.58. The price of the stock has increased by 2.84% since.

CFO Recent Trades:

  • Exec. VP, CFO and Treasurer Mitchell K Dauerman sold 28,125 shares of ULTI stock on 02/12/2018 at the average price of $224.68. The price of the stock has increased by 2.79% since.

Directors and Officers Recent Trades:

  • Vice-Chairman & COO Marc D Scherr sold 83,351 shares of ULTI stock on 02/12/2018 at the average price of $224.42. The price of the stock has increased by 2.91% since.
  • Senior VP, Technology Adam Rogers sold 3,563 shares of ULTI stock on 02/12/2018 at the average price of $228.4. The price of the stock has increased by 1.12% since.
  • Senior VP, Enterprise Sales Gregory Swick sold 2,968 shares of ULTI stock on 02/12/2018 at the average price of $228.2. The price of the stock has increased by 1.21% since.
  • Senior VP, Workplace Sales John C Phenicie sold 7,088 shares of ULTI stock on 02/12/2018 at the average price of $226.48. The price of the stock has increased by 1.97% since.
  • Senior VP, General Counsel Robert Manne sold 5,000 shares of ULTI stock on 02/08/2018 at the average price of $228.85. The price of the stock has increased by 0.92% since.

For the complete insider trading history of ULTI, click here

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