Weekly CFO Sells Highlight: SWN, BECN, NSIT, HOLX, QLTI, THRX

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According to GuruFocus Insider Data , the largest CFO sells during the past week were: Southwestern Energy Company, Beacon Roofing Supply Inc., Insight Enterprises Inc., Hologic Inc., QLT Inc. and Theravance Inc.

Southwestern Energy Company ( SWN ): Executive Vice President and CFO Gregory D. Kerley Sold 193,861 Shares

Executive Vice President and CFO Gregory D. Kerley sold 193,861 shares of SWN stock on 08/07/2012 at the average price of $31.25. Gregory D. Kerley owns at least 1,236,236 shares after this. The price of the stock has increased by 1.15% since.

Southwestern Energy Company is an energy company primarily focused on natural gas. Southwestern Energy Company has a market cap of $11.19 billion; its shares were traded at around $31.61 with a P/E ratio of 21.1 and P/S ratio of 3.8. Southwestern Energy Company had an annual average earnings growth of 26% over the past 10 years. GuruFocus rated Southwestern Energy Company the business predictability rank of 3.5-star .

Southwestern Energy Company recently released its second quarter 2012 results. For this quarter, the company reported net loss of $488.1 million ($1.40 per share), including a $935.9 million non-cash ceiling test impairment. Adjusted net income was $90.8 million ($0.28 per share), compared to income of $167.5 million ($0.48 per share) prior year quarter.

Director Harold M. Korell sold 390,192 shares of SWN stock on 08/08/2012 at the average price of $31.95.

Beacon Roofing Supply Inc. ( BECN ): CFO, Treasurer and Executive Vice President Finance David R. Grace Sold 157,494 Shares

CFO, Treasurer and Executive Vice President Finance David R. Grace sold 157,494 shares of BECN stock on 08/09/2012 at the average price of $25.88. David R. Grace owns at least 86,840 shares after this. The price of the stock has increased by 0.77% since.

Beacon Roofing Supply Inc. is one of the largest distributors of residential and non-residential roofing materials in the U.S. and Canada. Beacon Roofing Supply Inc. has a market cap of $1.22 billion; its shares were traded at around $26.08 with a P/E ratio of 15.9 and P/S ratio of 0.7. Beacon Roofing Supply Inc. had an annual average earnings growth of 6.8% over the past 10 years.

Beacon Roofing Supply Inc reported third quarter 2012 sales of $561 million, compared to $541 million in the same period last year. Third quarter EPS was $0.53, compared to $0.51 prior year quarter. Cash flow from operations during this quarter was $35.3 million compared to $37.7 million in 2011.

Vice President and Chief Accounting Officer Rick C. Welker sold 1,539 shares of BECN stock on 08/10/2012 at the average price of $25.75. Rick C. Welker owns at least 800 shares after this. The price of the stock has increased by 1.28% since.

Insight Enterprises Inc. ( NSIT ): CFO Glynis Bryan Sold 108,145 Shares

CFO Glynis Bryan sold 108,145 shares of NSIT stock on 08/08/2012 at the average price of $18.27. Glynis Bryan owns at least 116,654 shares after this. The price of the stock has increased by 0.11% since.

Insight is a global direct marketer of brand name computers, hardware and software. Insight Enterprises Inc. has a market cap of $815.8 million; its shares were traded at around $18.29 with a P/E ratio of 8.2 and P/S ratio of 0.2. Insight Enterprises, Inc. had an annual average earnings growth of 7.1% over the past five years.

Insight Enterprises Inc. has released its second quarter 2012 earnings results. In this quarter, the company saw a 4% increase in net sales to $1.53 billion compared to last year. Gross profit decreased 1% from prior year quarter to $201.3 million, while Net earnings remained flat at $35.3 million. Diluted EPS was $0.79, a 5% increase over the same quarter last year.

CEO Kenneth T. Lamneck sold 20,000 shares of NSIT stock on 08/06/2012 at the average price of $18.32. Other insiders have also recently sold shares of NSIT stock.

Hologic Inc. ( HOLX ): Executive Vice President and CFO Glenn P. Muir Sold 68,750 Shares

Executive Vice President and CFO Glenn P. Muir sold 68,750 shares of HOLX stock on 08/08/2012 at the average price of $19.69. Glenn P. Muir owns at least 773,414 shares after this. The price of the stock has increased by 0.96% since.

Hologic Inc. is a supplier of high quality, innovative and clinically valuable diagnostic systems and tests. Hologic Inc. has a market cap of $5.27 billion; its shares were traded at around $19.88 with a P/E ratio of 14.6 and P/S ratio of 2.9.

Hologic Inc. reported third quarter 2012 revenues of $470.2 million, an increase of 4.2% when compared to last year. Third quarter GAAP net income was $23.6 million ($0.09 per share), compared with income of $36.2 million ($0.14 per share) prior year quarter.

Other insiders have also recently sold HOLX stock.

QLT Inc. ( USA ) ( QLTI ): Interim CFO Sukhi Jagpal Sold 67,000 Shares

Interim CFO Sukhi Jagpal sold 67,000 shares of QLTI stock on 08/03/2012 at the average price of $8.19. Sukhi Jagpal owns at least 1,200 shares after this. The price of the stock has decreased by 7.45% since.

QLT PhotoTherapeutics Inc. is engaged in the development and commercialization of proprietary pharmaceutical products for use in photodynamic therapy, an emerging field of medicine utilizing light-activated drugs in the treatment of disease. QLT Inc. (usa) has a market cap of $377.4 million; its shares were traded at around $7.58 with and P/S ratio of 8.9.

Theravance Inc. ( THRX ): Senior Vice President and CFO Michael W. Aguiar Sold 60,000 Shares

Senior Vice President and CFO Michael W. Aguiar sold 60,000 shares of THRX stock on 08/07/2012 at the average price of $27.04. Michael W. Aguiar owns at least 157,924 shares after this. The price of the stock has decreased by 3.22% since.

Theravance Inc. is focused on the discovery, development and commercialization of small molecule medicines for unmet medical needs across a number of therapeutic areas including respiratory disease, bacterial infections, overactive bladder and gastrointestinal disorders. Theravance Inc. has a market cap of $2.24 billion; its shares were traded at around $26.17 with and P/S ratio of 91.6.

Theravance Inc. reported second quarter 2012 revenues of $1.4 million, and net loss of $37.1 million ($0.42 per share).

CEO Rick E. Winningham sold 75,749 shares of THRX stock on 08/03/2012 at the average price of $27.95.

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: BECN , HOLX , NSIT , SWN , USA

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