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CSX Corp. (CSX) Executive Vice President & CFO Oscar Munoz sells 25,000 Shares

October 27, 2010 | About:
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Executive Vice President & CFO of CSX Corp. (CSX) Oscar Munoz sells 25,000 shares of CSX on 10/25/2010 at an average price of $62.03 a share.

Csx Corp. has a market cap of $23.23 billion; its shares were traded at around $61.26 with a P/E ratio of 16.5 and P/S ratio of 2.6. The dividend yield of Csx Corp. stocks is 1.6%. Csx Corp. had an annual average earning growth of 18.5% over the past 10 years.

CSX is in the portfolios of John Buckingham of Al Frank Asset Management, Inc., Bill Gates of Bill & Melinda Gates Foundation Trust, Pioneer Investments, Chuck Akre of Akre Capital Management, LLC, Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC, Jeremy Grantham of GMO LLC, Kenneth Fisher of Fisher Asset Management, LLC, Murray Stahl of Horizon Asset Management, Steven Cohen of SAC Capital Advisors, RS Investment Management, Chuck Royce of Royce& Associates.

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


CEO Recent Trades:


  • Sell: Chairman, President and CEO Michael J Ward sold 83,332 shares of CSX stock on 10/13/2010 at the average price of 59.81. Michael J Ward owns at least 392,569 shares after this. The price of the stock has increased by 2.42% since.


CFO Recent Trades:


  • Sell: Executive Vice President & CFO Oscar Munoz sold 25,000 shares of CSX stock on 10/13/2010 at the average price of 60.02. Oscar Munoz owns at least 238,862 shares after this. The price of the stock has increased by 2.07% since.

  • Sell: Executive Vice President & CFO Oscar Munoz sold 100,000 shares of CSX stock on 10/11/2010 at the average price of 58.06. Oscar Munoz owns at least 263,862 shares after this. The price of the stock has increased by 5.51% since.



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




Directors and Officers Recent Trades:


  • Sell: Executive Vice President & COO David A Brown sold 4,000 shares of CSX stock on 10/18/2010 at the average price of 59.76. David A Brown owns at least 42,796 shares after this. The price of the stock has increased by 2.51% since.

  • Sell: SVP - Law & Public Affairs Ellen M Fitzsimmons sold 66,666 shares of CSX stock on 10/13/2010 at the average price of 60.02. Ellen M Fitzsimmons owns at least 221,495 shares after this. The price of the stock has increased by 2.07% since.

  • Sell: SVP - Human Resources Lisa A. Mancini sold 3,400 shares of CSX stock on 10/13/2010 at the average price of 60. Lisa A. Mancini owns at least 41,587 shares after this. The price of the stock has increased by 2.1% since.

  • Sell: Executive Vice President & COO David A Brown sold 2,100 shares of CSX stock on 08/04/2010 at the average price of 53.91. David A Brown owns at least 46,714 shares after this. The price of the stock has increased by 13.63% 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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