Weekly CFO Sells Highlight: BLOX, ASGN, SBUX, WAGE, TIVO

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According to GuruFocus Insider Data , the largest CFO sells during the past week were: Infoblox Inc., On Assignment Inc., Starbucks Corporation, WageWorks Inc. and Tivo Inc.

Infoblox Inc. ( BLOX ): CFO Remo Canessa Sold 94,000 Shares

CFO Remo Canessa sold 94,000 shares of BLOX stock on 06/06/2013 at the average price of $24.5. Remo Canessa owns at least 397,892 shares after this. The price of the stock has increased by 11.22% since.

Infoblox Inc. was originally incorporated in Illinois in February 1999 and reincorporated in Delaware in May 2003. Infoblox Inc has a market cap of $1.35 billion; its shares were traded at around $27.25 with and P/S ratio of 6.22.

Infoblox Inc. recently reported third quarter 2013 GAAP net loss of $0.3 million ($0.01 per diluted share), compared with a loss of $1 million ($0.07 per share) in the third quarter of 2012. Non-GAAP income was $6 million compared to $2.2 million last year. Total net revenue was $58 million this quarter, an increase of 34% over prior year quarter.

President and CEO Robert D. Thomas sold 95,000 shares of BLOX stock on 06/12/2013 at the average price of $27.51. Executive VP, Engineering Sohail M. Parekh sold 4,600 shares of BLOX stock on 06/10/2013 at the average price of $26.23.

On Assignment Inc. ( ASGN ): CFO of Apex Systems Inc. Theodore S. Hanson Sold 75,000 Shares

CFO of Apex Systems Inc. Theodore S. Hanson sold 75,000 shares of ASGN stock on 06/13/2013 at the average price of $26.15. Theodore S. Hanson owns at least 430,798 shares after this. The price of the stock has increased by 0.57% since.

On Assignment Inc. was incorporated on Dec. 30, 1985. On Assignment Inc. has a market cap of $1.4 billion; its shares were traded at around $26.30 with a P/E ratio of 21.98 and P/S ratio of 0.93. On Assignment Inc. had an annual average earnings growth of 14.3% over the past five years.

On Assignment Inc. generated first quarter 2013 revenues of $389.2 million, up 13.6% over the same period of last year. Gross profit was up 115% year-over-year to $113.3 million, and income from continuing operations increased to $10.6 million from $9.7 million last year. Adjusted EBITDA was $34.1 million this quarter, compared to $28.4 million prior year quarter.

President and CEO Peter T. Dameris sold 50,000 shares of ASGN stock on 05/28/2013 at the average price of $27.27.

Starbucks Corporation ( SBUX ): CFO and CAO Troy Alstead Sold 63,385 Shares

CFO and CAO Troy Alstead sold 63,385 shares of SBUX stock on 06/10/2013 at the average price of $66.12. Troy Alstead owns at least 153,102 shares after this. The price of the stock has decreased by 0.48% since.

Starbucks Corporation was formed in 1985. The Company purchases and roasts high-quality whole bean coffees and sells them, along with fresh, rich-brewed coffees, Italian-style espresso beverages, cold blended beverages, complementary food items, a selection of teas, and beverage-related accessories and equipment, through its Company-operated retail stores. Starbucks Corporation has a market cap of $49.39 billion; its shares were traded at around $65.80 with a P/E ratio of 33.22 and P/S ratio of 3.60. The dividend yield of Starbucks Corporation stocks is 1.22%. Starbucks Corporation had an annual average earnings growth of 14% over the past 10 years. GuruFocus rated Starbucks Corporation the business predictability rank of 3-star.

Starbucks has released its second quarter 2013 results. For this quarter, net revenues increased 11% to $3.6 billion, while comparable store sales increased 6%. Second quarter EPS were $0.51, a 20% increase over prior year quarter. Consolidated operating income grew 26% to $544 million.

WageWorks Inc. ( WAGE ): CFO Richard T. Green Sold 55,000 Shares

CFO Richard T. Green sold 55,000 shares of WAGE stock on 06/11/2013 at the average price of $27.08. Richard T. Green owns at least 3,707 shares after this. The price of the stock has increased by 9.16% since.

WageWorks Inc was founded in 2000 and it was incorporated in state of Delaware. Wageworks Inc has a market cap of $981.359 million; its shares were traded at around $29.56 with a P/E ratio of 68.49 and P/S ratio of 4.65.

WageWorks Inc. recently reported first quarter 2013 revenues of $56.1 million, a 27% increase over the previous year quarter. GAAP net income for the company was $4.6 million ($0.14 per diluted share), compared to $0.3 million ($0.02 per share) last year. First quarter non-GAAP adjusted EBITDA increased 47% to $14 million.

Director Bruce G. Bodaken sold 61,500 shares of WAGE stock on 06/13/2013 at the average price of $29.7. Multiple other insiders have also recently sold shares of WAGE stock.

Tivo Inc. ( TIVO ): CFO Naveen K. Chopra Sold 37,177 Shares

CFO Naveen K. Chopra sold 37,177 shares of TIVO stock on 06/06/2013 at the average price of $13.93. Naveen K. Chopra owns at least 451,488 shares after this. The price of the stock has decreased by 18.23% since.

Tivo Inc. was incorporated in August 1997 as a Delaware corporation. Tivo Inc. has a market cap of $1.41 billion; its shares were traded at around $11.39 with a P/E ratio of 263.16 and P/S ratio of 4.45.

Tivo Inc. has released its results for its first quarter ended April 30, 2013. The company reported net loss of $10.3 million, compared to a loss of $20.8 million prior year quarter.

For the complete list of stocks that were sold by their CFOs, go to: Insider Buys.About GuruFocus: GuruFocus.com tracks the stocks picks and portfolio holdings of the world's best investors. This value investing site offers stock screeners and valuation tools. And publishes daily articles tracking the latest moves of the world's best investors. GuruFocus also provides promising stock ideas in 3 monthly newsletters sent to Premium Members .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing

Referenced Stocks: ASGN , BLOX , SBUX , TIVO , WAGE

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