Weekly CFO Sells Highlight: LL, FNF, WTS, COF, IMPV

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Nov 11, 2012
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Lumber Liquidators Holdings Inc. (LL, Financial), Fidelity National Financial Inc. (FNF, Financial), Watts Water Technologies Inc. (WTS, Financial), Capital One Financial Corp. (COF, Financial) and Imperva Inc. (IMPV, Financial).

Lumber Liquidators Holdings Inc. (LL): CFO Daniel Everett Terrell Sold 116,960 Shares

CFO Daniel Everett Terrell sold 116,960 shares of LL stock on 11/07/2012 at the average price of $57.86. Terrell owns at least 50,000 shares after this. The price of the stock has decreased by 4.03% since.

Lumber Liquidators Inc. is a specialty retailer of hardwood flooring. Lumber Liquidators Holdings Inc. has a market cap of $1.44 billion; its shares were traded at around $55.53 with a P/E ratio of 35.9 and P/S ratio of 2.1. Lumber Liquidators Holdings Inc. had an annual average earnings growth of 18.2% over the past 5 years.

Lumber Liquidators Holdings Inc. recently released its third quarter 2012 results. Net sales increased 18.8% from prior year quarter to $204.3 million. Comparable store sales increased by 12%, and net income increased 91.3% to $12.9 million ($0.46 per share) from $6.7 million in the third quarter of last year. Gross margin was 38.1%, compared to $35.6% prior year quarter.

Multiple other insiders also recently sold shares of LL stock over the past week.



Fidelity National Financial Inc. (FNF): Executive Vice President and CFO Anthony Park Sold 113,333 Shares


Executive vice president and chief financial officer, Anthony Park sold 113,333 shares of FNF stock on 11/08/2012 at the average price of $22.66. Park owns at least 277,400 shares after this. The price of the stock has increased by 1.1% since.

Fidelity National Title Group, Inc. is a provider of title insurance, specialty insurance and claims management services. Fidelity National Financial Inc. has a market cap of $4.79 billion; its shares were traded at around $22.91 with a P/E ratio of 11.1 and P/S ratio of 1. The dividend yield of Fidelity National Financial Inc. stocks is 2.6%.

Fidelity National Financial Inc. recently released its third quarter 2012 results ended Sept. 30, 2012. For this quarter, Fidelity saw commercial revenue of $91.8 million, a 7% decrease over the third quarter of 2011. Open orders increased 18% to 706,000. Net earnings per diluted share were $1.03 compared to $0.33 prior year quarter. Cash flow from operations was $377 million, compared to $55.3 million last year.

Watts Water Technologies, Inc. (WTS): CFO William C. McCartney Sold 97,500 Shares

Chief financial officer, William C. McCartney sold 97,500 shares of WTS stock on 11/02/2012 at the average price of $40.62. McCartney owns at least 25,932 shares after this. The price of the stock has decreased by 4.95% since.

Watts Water Technologies Inc. designs, manufactures and sells an extensive line of products to the water quality and water regulation and control markets. Watts Water Technologies, Inc. has a market cap of $1.31 billion; its shares were traded at around $38.61 with a P/E ratio of 17.1 and P/S ratio of 0.9. The dividend yield of Watts Water Technologies, Inc. stocks is 1.2%. Watts Water Technologies, Inc. had an annual average earnings growth of 0.7% over the past 10 years.

Watts Water Technologies reported third quarter 2012 adjusted diluted EPS of $0.63 compared to $0.69 in the same quarter of last year. Sales were $361.2 million compared to $370.8 million prior year quarter.

10% owner Timothy P. Horne, and treasurer and chief administrative officer Timothy M. MacPhee both also sold shares of WTS stock.

Capital One Financial Corp (COF): CFO Gary L. Perlin Sold 82,224 Shares

CFO Gary L. Perlin sold 82,224 shares of COF stock on 11/02/2012 at the average price of $61.16. Perlin owns at least 111,218 shares after this. The price of the stock has decreased by 4.59% 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 has a market cap of $34.86 billion; its shares were traded at $58.35 with a P/E ratio of 12.5 and P/S ratio of 2.1. The dividend yield of Capital One Financial Corp. stocks is 0.3%. 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 third quarter 2012 results. The company announced net income of $1.2 billion ($2.01 per diluted share), compared to $813 million ($1.77 per share) in the third quarter of 2011. Total net revenues for this quarter were $5.8 billion.

Imperva Inc. (IMPV): CFO Terrence J. Schmid Sold 75,000 Shares

CFO Terrence J. Schmid sold 75,000 shares of IMPV stock on 11/07/2012 at the average price of $31. The price of the stock has decreased by 0.81% since.

Imperva Inc. is engaged in the development of protection software and services for business applications and databases. Imperva Inc has a market cap of $743.4 million; its shares were traded at around $30.75 with and P/S ratio of 9.5.

Imperva Inc. saw third quarter 2012 revenue of $26.3 million, an increase of 33% over the $19.7 million reported prior year quarter. Net loss for the quarter was $1.9 million ($0.08 per share), compared to net loss of $2.7 million last year.

Director Michael Boodaei, and chief technology officer Amichai Shulman also sold shares of IMPV stock in the past week.

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