Weekly CFO Sells Highlight: ODP, TYPE, TMH, RFMD, RKUS

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Oct 13, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Office Depot, Monotype Imaging Holdings, Team Health Holdings, RF Micro Devices, and Ruckus Wireless.

Office Depot Inc (ODP, Financial): EVP & CFO Michael D Newman Sold 300,000 Shares

EVP & CFO Michael Newman sold 300,000 shares of ODP stock on Oct. 10 at the average price of $5. Michael D Newman owns at least 489,966 shares after this. The price of the stock has increased by 0.4% since.

Office Depot Inc has a market cap of $1.45 billion; its shares were traded at around $5.02 with and P/S ratio of 0.17.

Office Depot reported a loss of $64 million on sales decrease of 4% to $2.4 billion for its second quarter of 2013. Net loss included $30 million in charges related to the company’s planned merger with OfficeMax.

Monotype Imaging Holdings Inc. (TYPE, Financial): Sr VP, CFO, Treas., Asst. Sec. Scott E Landers Sold 37,000 Shares

Sr VP, CFO, Treas., Asst. Sec. Scott Landers sold 37,000 shares of TYPE stock on Oct. 4 at the average price of $27.54. Landers owns at least 49,782 shares after this. The price of the stock has increased by 2.03% since.

Monotype Imaging Holdings has a market cap of $1.09 billion; its shares were traded at around $28.10 with a P/E ratio of 33.78 and P/S ratio of 6.69. The dividend yield of Monotype Imaging Holdings stocks is 0.78%. Monotype Imaging Holdings Inc. had an annual average earnings growth of 5.8% over the past 5 years.

Monotype Imaging Holdings Inc. has reported second quarter 2013 results. Revenue this quarter was $41.1 million, a 7% increase over the prior year quarter. Operating income was $12.2 million, and cash flow from operations was $17.9 million. EPS were $0.18 compared to $0.19 last year.

Executive Vice President John Seguin sold 8,806 shares of TYPE stock on Oct. 10 at the average price of $27.27. VP, Engineering and Develp. Steven Martin sold 2,000 shares of TYPE stock on Oct. 7 at the average price of $27.42.

Team Health Holdings Inc (TMH, Financial): Executive VP and CFO David Jones Sold 35,553 Shares

Executive VP and CFO David P. Jones sold 35,553 shares of TMH stock on Oct. 3 at the average price of $40.25. David P. Jones owns at least 52,876 shares after this. The price of the stock has increased by 1.79% since.

Team Health Holdings Inc has a market cap of $2.85 billion; its shares were traded at around $40.97 with a P/E ratio of 39.68 and P/S ratio of 1.28. Team Health Holdings Inc had an annual average earnings growth of 6% over the past 5 years.

For its second quarter 2013, Team Health Holdings reported a net revenue increase of 14.5% from last year to $579.7 million. Cash flow from operations increased to $24.6 million from $16.3 million in the second quarter of 2012. Net earnings were $18.4 million ($0.26 per share).

RF Micro Devices (RFMD, Financial): VP Administration and CFO William Priddy Sold 49,752 Shares

VP Administration and CFO of RF Micro Devices (RFMD) William A Priddy sold 49,752 shares during the past week at an average price of $5.99.

RF Micro Devices Inc. has a market cap of $1.68 billion; its shares were traded at around $5.97 with and P/S ratio of 1.59.

President and CEO Robert Bruggeworth sold 50,000 shares of RFMD stock on Oct. 10 at the average price of $6.

Ruckus Wireless Inc (RKUS, Financial): CFO Seamus Hennessy Sold 25,000 Shares

CFO of Ruckus Wireless Inc (RKUS) Seamus Hennessy sold 25,000 shares on Oct. 2 at an average price of $16.92.

Ruckus Wireless Inc has a market cap of $1.39 billion; its shares were traded at around $17.94 with a P/E ratio of 322.58 and P/S ratio of 5.16.

For its second quarter of 2013, the company reported revenue of $63.9 million, an increase of 30.6% from the second quarter of 2012. GAAP net income was $0.7 million compared to income of $20.6 million prior year quarter.

Chief Technology Officer William Kish sold 60,000 shares of RKUS stock on Oct. 7 at the average price of $16.98.

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