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AvalonBay Communities Inc. (AVB) EVP and CFO Thomas J Sargeant sells 30,000 Shares

August 11, 2010 | About:
insider

insider

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EVP and CFO of AvalonBay Communities Inc. (AVB) Thomas J Sargeant sells 30,000 shares of AVB on 08/10/2010 at an average price of $104.17 a share.

Avalonbay Communities Inc. has a market cap of $8.71 billion; its shares were traded at around $105.005 with a P/E ratio of 28.1 and P/S ratio of 10.2. The dividend yield of Avalonbay Communities Inc. stocks is 3.4%.

AVB is in the portfolios of Pioneer Investments, Manning & Napier Advisors, Inc, Jeremy Grantham of GMO LLC.

This is the annual revenues and earnings per share of AVB over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AVB.


CEO Recent Trades:


  • Sell: CEO Bryce Blair sold 25,000 shares of AVB stock on 02/18/2010 at the average price of 79.57. Bryce Blair owns at least 265,348 shares after this. The price of the stock has increased by 31.97% since.

  • Sell: CEO Bryce Blair sold 100,000 shares of AVB stock on 02/17/2010 at the average price of 76.75. Bryce Blair owns at least 265,348 shares after this. The price of the stock has increased by 36.81% since.



This is the insider trade history vs. stock price of AVB. For the complete insider trading history of AVB, click here.




Directors and Officers Recent Trades:


  • Sell: President Timothy J Naughton sold 48,220 shares of AVB stock on 06/18/2010 at the average price of 104.75. Timothy J Naughton owns at least 105,472 shares after this. The price of the stock has increased by 0.24% since.

  • Sell: Executive Vice President Leo S Horey Iii sold 1,000 shares of AVB stock on 06/17/2010 at the average price of 105. Leo S Horey Iii owns at least 60,494 shares after this. The price of the stock has decreased by 0% since.

  • Sell: Executive Vice President William M Mclaughlin sold 1,000 shares of AVB stock on 05/25/2010 at the average price of 94.5. William M Mclaughlin owns at least 46,204 shares after this. The price of the stock has increased by 11.12% since.

  • Sell: SVP-General Counsel Edward M Schulman sold 446 shares of AVB stock on 05/12/2010 at the average price of 104.01. Edward M Schulman owns at least 7,443 shares after this. The price of the stock has increased by 0.96% since.

  • Sell: Executive Vice President William M Mclaughlin sold 3,495 shares of AVB stock on 05/11/2010 at the average price of 105.06. William M Mclaughlin owns at least 47,204 shares after this. The price of the stock has decreased by 0.05% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


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