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Volcom Inc. (VLCM) Chairman and CEO, 10% Owner Richard R Woolcott sells 25,000 Shares

October 18, 2010 | About:
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Chairman and CEO, 10% Owner of Volcom Inc. (VLCM) Richard R Woolcott sells 25,000 shares of VLCM on 10/14/2010 at an average price of $21.49 a share.

Volcom Inc. has a market cap of $538.9 million; its shares were traded at around $22.08 with a P/E ratio of 22.3 and P/S ratio of 1.9.

VLCM is in the portfolios of Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Sell: Chairman and CEO, 10% Owner Richard R Woolcott sold 60,000 shares of VLCM stock on 10/07/2010 at the average price of 20. Richard R Woolcott owns at least 2,670,932 shares after this. The price of the stock has increased by 10.4% since.

  • Sell: Chairman and CEO, 10% Owner Richard R Woolcott sold 10,000 shares of VLCM stock on 09/24/2010 at the average price of 17.88. Richard R Woolcott owns at least 2,730,932 shares after this. The price of the stock has increased by 23.49% since.

  • Sell: Chairman and CEO, 10% Owner Richard R Woolcott sold 10,000 shares of VLCM stock on 09/14/2010 at the average price of 17.49. Richard R Woolcott owns at least 2,740,932 shares after this. The price of the stock has increased by 26.24% since.

  • Sell: Chairman and CEO, 10% Owner Richard R Woolcott sold 10,000 shares of VLCM stock on 08/24/2010 at the average price of 15.32. Richard R Woolcott owns at least 2,750,932 shares after this. The price of the stock has increased by 44.13% since.

  • Sell: Chairman and CEO, 10% Owner Richard R Woolcott sold 10,000 shares of VLCM stock on 08/16/2010 at the average price of 16.04. Richard R Woolcott owns at least 2,760,932 shares after this. The price of the stock has increased by 37.66% since.


CFO Recent Trades:


  • Sell: EVP, CFO, Treasurer and Sec. Douglas P Collier sold 30,000 shares of VLCM stock on 10/13/2010 at the average price of 22. Douglas P Collier owns at least 264,824 shares after this. The price of the stock has increased by 0.36% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Rene R Woolcott sold 30,000 shares of VLCM stock on 10/04/2010 at the average price of 18.44. Rene R Woolcott owns at least 1,244,765 shares after this. The price of the stock has increased by 19.74% since.

  • Sell: Director Rene R Woolcott sold 30,000 shares of VLCM stock on 09/07/2010 at the average price of 16.48. Rene R Woolcott owns at least 1,274,765 shares after this. The price of the stock has increased by 33.98% since.

  • Sell: Director Rene R Woolcott sold 30,000 shares of VLCM stock on 08/04/2010 at the average price of 16.39. Rene R Woolcott owns at least 1,304,765 shares after this. The price of the stock has increased by 34.72% since.

  • Sell: Director Rene R Woolcott sold 30,000 shares of VLCM stock on 07/06/2010 at the average price of 18.25. Rene R Woolcott owns at least 1,334,765 shares after this. The price of the stock has increased by 20.99% since.

  • Sell: Director Rene R Woolcott sold 30,000 shares of VLCM stock on 06/04/2010 at the average price of 19.2. Rene R Woolcott owns at least 1,364,765 shares after this. The price of the stock has increased by 15% 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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