Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

The Scotts MiracleGro Company Commmon (SMG) President and COO Mark R Baker sells 16,683 Shares

October 22, 2010 | About:
insider

insider

41 followers
President and COO of The Scotts MiracleGro Company Commmon (SMG) Mark R Baker sells 16,683 shares of SMG on 10/22/2010 at an average price of $54.69 a share.

The Scotts Miraclegro Company Commmon has a market cap of $3.62 billion; its shares were traded at around $54.04 with a P/E ratio of 16.2 and P/S ratio of 1.1. The dividend yield of The Scotts Miraclegro Company Commmon stocks is 1.9%.

SMG is in the portfolios of David Dreman of Dreman Value Management, Kenneth Fisher of Fisher Asset Management, LLC, RS Investment Management, Mario Gabelli of GAMCO Investors, Manning & Napier Advisors, Inc, Tom Russo of Gardner Russo & Gardner, John Keeley of Keeley Fund Management, George Soros of Soros Fund Management LLC.

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


CEO Recent Trades:


  • Sell: CEO and Chairman, 10% Owner James Hagedorn sold 60,004 shares of SMG stock on 08/20/2010 at the average price of 48.58. James Hagedorn owns at least 3,259,418 shares after this. The price of the stock has increased by 11.24% since.

  • Sell: CEO and Chairman, 10% Owner James Hagedorn sold 19,582 shares of SMG stock on 08/18/2010 at the average price of 49.78. James Hagedorn owns at least 3,319,422 shares after this. The price of the stock has increased by 8.56% since.

  • Sell: CEO and Chairman, 10% Owner James Hagedorn sold 50,000 shares of SMG stock on 05/21/2010 at the average price of 43.33. James Hagedorn owns at least 3,337,876 shares after this. The price of the stock has increased by 24.72% since.


CFO Recent Trades:


  • Sell: EVP and CFO David C Evans sold 3,000 shares of SMG stock on 10/15/2010 at the average price of 52.84. David C Evans owns at least 50,159 shares after this. The price of the stock has increased by 2.27% since.

  • Sell: EVP and CFO David C Evans sold 26,795 shares of SMG stock on 08/23/2010 at the average price of 49.04. David C Evans owns at least 52,972 shares after this. The price of the stock has increased by 10.2% since.



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




Directors and Officers Recent Trades:


  • Sell: EVP, North America Barry W Sanders sold 26,893 shares of SMG stock on 10/21/2010 at the average price of 54. Barry W Sanders owns at least 49,359 shares after this. The price of the stock has increased by 0.07% since.

  • Sell: EVP, GC and Secretary Vincent C Brockman sold 1,195 shares of SMG stock on 10/13/2010 at the average price of 52. Vincent C Brockman owns at least 44,873 shares after this. The price of the stock has increased by 3.92% since.

  • Sell: President and COO Mark R Baker sold 5,800 shares of SMG stock on 09/30/2010 at the average price of 52.31. Mark R Baker owns at least 18,200 shares after this. The price of the stock has increased by 3.31% since.

  • Sell: President and COO Mark R Baker sold 6,200 shares of SMG stock on 09/30/2010 at the average price of 52.12. Mark R Baker owns at least 12,000 shares after this. The price of the stock has increased by 3.68% since.

  • Sell: EVP, GC and Secretary Vincent C Brockman sold 18,281 shares of SMG stock on 09/29/2010 at the average price of 52. Vincent C Brockman owns at least 46,068 shares after this. The price of the stock has increased by 3.92% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.