Weekly CFO Sells Highlight: ASGN, COF, AKRX, MCRS, GILD, ROP, PLL

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Sep 24, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: On Assignment Inc., Capital One Financial Corp, Akorn Inc., MICROS Systems Inc., Gilead Sciences Inc., Roper Industries Inc. and Pall Corporation.

On Assignment Inc. (ASGN, Financial): CFO of Apex Systems Inc. Theodore S. Hanson Sold 204,925 Shares

CFO of Apex Systems Inc. Theodore S. Hanson sold 204,925 shares of ASGN stock on 09/19/2012 at the average price of $16.18. Theodore S. Hanson owns at least 497,894 shares after this. The price of the stock has increased by 27.26% since.

On Assignment Inc., through its first operating division, Lab Support, is a nationwide provider of temporary scientific professionals to laboratories in the biotechnology, pharmaceutical, food and beverage, chemical, and environmental industries. On Assignment Inc. has a market cap of $881.3 million; its shares were traded at around $20.59 with a P/E ratio of 19.5 and P/S ratio of 1.5. On Assignment, Inc. had an annual average earnings growth of 5.5% over the past 5 years.

On Assignment Inc. reported second quarter 2012 revenues of $283.2 million, compared to $143.7 million prior year quarter. Diluted EPS was $0.19 in this quarter, compared to $0.16 last year, and adjusted EBITDA margin rose 11.4% from 10.3% last year.

President and CEO Peter T. Dameris sold 74,999 shares of ASGN stock on 09/19/2012 at the average price of $16.18. Members of 10% owner group Edwin A. Sheridan and Brian J. Callaghan both also sold shares of ASGN stock.

Capital One Financial Corp. (COF, Financial): CFO Gary L. Perlin Sold 153,910 Shares

CFO Gary L. Perlin sold 153,910 shares of COF stock on 09/17/2012 at the average price of $58.97. Gary L. Perlin owns at least 150,239 shares after this. The price of the stock has decreased by 2.78% since.

Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. Capital One Financial Corp. has a market cap of $33.35 billion; its shares were traded at around $57.33 with a P/E ratio of 12.3 and P/S ratio of 2.1. The dividend yield of Capital One Financial Corp. stocks is 0.4%. Capital One Financial Corp. had an annual average earnings growth of 0.2% over the past 10 years.

Capital One Financial Corp. has released its second quarter 2012 results. Net income in this quarter was $92 million ($0.16 per diluted share), compared to $911 million ($1.97 per share) prior year quarter.

Multiple other insiders also recently sold shares of COF stock.

Akorn Inc. (AKRX, Financial): CFO Timothy A. Dick Sold 100,000 Shares

CFO Timothy A. Dick sold 100,000 shares of AKRX stock on 09/17/2012 at the average price of $14.08. Timothy A Dick owns at least 32,821 shares after this. The price of the stock has decreased by 7.88% since.

Akorn, Inc. manufactures and markets diagnostic and therapeutic pharmaceuticals in specialty areas such as ophthalmology, rheumatology, anesthesia and antidotes, among others. Akorn Inc. has a market cap of $1.39 billion; its shares were traded at around $12.97 with a P/E ratio of 35.5 and P/S ratio of 10.1.

MICROS Systems Inc. (MCRS, Financial): Executive Vice President and CFO Cynthia A. Russo Sold 80,000 Shares

Executive Vice President and CFO Cynthia A. Russo sold 80,000 shares of MCRS stock on 09/14/2012 at the average price of $53.01. Cynthia A. Russo owns at least 10,768 shares after this. The price of the stock has decreased by 4.79% since.

MICROS Systems Inc. provides enterprise applications for the hospitality industry worldwide. Micros Systems Inc. has a market cap of $4.18 billion; its shares were traded at around $50.47 with a P/E ratio of 24.9 and P/S ratio of 3.8. Micros Systems Inc. had an annual average earnings growth of 23.3% over the past 10 years. GuruFocus rated Micros Systems Inc. the business predictability rank of 3.5-star.

MICROS Systems Inc. has released its fourth quarter 2012 results. Revenue for this quarter was $302.5 million, an increase of 10.4% over the same quarter last year. GAAP net income increased 16.1% from prior year quarter to $48.2 million. EPS was $0.59 this quarter, compared to $0.50 in the fourth quarter of 2012.

Executive Vice President Executive Initiatives, General Counsel Thomas L. Patz sold 33,334 shares of MCRS stock on 09/05/2012 at the average price of $51.01.

Gilead Sciences Inc. (GILD, Financial): Senior Vice President and CFO Robin L. Washington Sold 61,750 Shares

Senior Vice President and CFO Robin L. Washington sold 61,750 shares of GILD stock on 09/18/2012 at the average price of $65. Robin L. Washington owns at least 11,413 shares after this. The price of the stock has increased by 4.26% since.

Gilead Sciences Inc. is an independent biopharmaceutical company that seeks to provide accelerated solutions for patients and the people who care for them. Gilead Sciences Inc. has a market cap of $44.84 billion; its shares were traded at around $67.77 with a P/E ratio of 17.2 and P/S ratio of 5.4. Gilead Sciences Inc. had an annual average earnings growth of 26.1% over the past 5 years.

In its second quarter of 2012, Gilead Sciences Inc. generated total revenues of $2.41 billion, up from the $2.14 billion in the second quarter of 2011. Net income for this quarter was $711.6 million ($0.91 per share), compared to $746.2 million ($0.93 per share) prior year quarter.

Senior Vice President Human Resources Kristen Metza sold 90,000 shares of GILD stock on 09/13/2012 at the average price of $59.95.

Roper Industries Inc. (ROP, Financial): Executive Vice President and CFO John Humphrey Sold 53,200 Shares

Executive Vice President and CFO John Humphrey sold 6,800 shares of ROP stock on 09/18/2012 at the average price of $105.2. John Humphrey owns at least 108,155 shares after this. The price of the stock has increased by 3.78% since.

Roper Industries Inc. designs, manufactures and distributes specialty industrial controls, fluid handling and analytical instrumentation products worldwide, serving selected segments of a broad range of markets such as oil & gas, scientific research, medical diagnostics, semiconductor, microscopy, chemical and petrochemical processing, large diesel engine and turbine/compressor control applications, bulk-liquid trucking, power generation, and agricultural irrigation industries. Roper Industries, Inc. has a market cap of $10.26 billion; its shares were traded at around $109.18 with a P/E ratio of 22.8 and P/S ratio of 3.7. The dividend yield of Roper Industries Inc. stocks is 0.5%. Roper Industries Inc. had an annual average earnings growth of 16.8% over the past 10 years. GuruFocus rated Roper Industries Inc. the business predictability rank of 3-star.

Roper Industries Inc. saw second quarter 2012 net earnings of $115 million, an 8% increase over the second quarter of 2011. Revenues increased 4% to $725 million, and orders grew 8% to $763 million.

CEO and President Brian D. Jellison sold 200,000 shares of ROP stock on 09/13/2012 at the average price of $104.17. Vice President, General Counsel and Secretary David B. Liner sold 9,639 shares of ROP stock on 09/18/2012 at the average price of $105.5.

Pall Corporation (PLL, Financial): CFO and Treasurer Lisa McDermott Sold 52,924 Shares

CFO & Treasurer Lisa McDermott sold 52,924 shares of PLL stock on 09/17/2012 at the average price of $63.3. Lisa McDermott owns at least 28,210 shares after this. The price of the stock has increased by 2.65% since.

Pall Corporation is a supplier of fine filters, principally made by the Company using its proprietary filter media, and other fluid clarification and separations equipment for the removal of solid, liquid and gaseous contaminants from a wide variety of liquids and gases. Pall Corporation has a market cap of $6.65 billion; its shares were traded at around $64.98 with a P/E ratio of 19.3 and P/S ratio of 2.4. The dividend yield of Pall Corporation stocks is 1.5%. Pall Corporation had an annual average earnings growth of 9.5% over the past 10 years. GuruFocus rated Pall Corporation the business predictability rank of 4.5-star.

Pall Corporation has reported its fourth quarter 2012 results ended July 31, 2012. Sales for this quarter were $780.4 million, a 15% raise over prior year quarter. Diluted EPS were $0.82, compared to $0.46 last year.

Vice President and Corporate Controller Francis B. Moschella sold 2,400 shares of PLL stock on 09/19/2012 at the average price of $64.36.

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