EVP, CFO & Vice Chairman of Starwood Hotels & Resorts Worldwide Inc. (HOT) Vasant M Prabhu sells 49,789 shares of HOT on 11/05/2010 at an average price of $59 a share.

Starwood Hotels & Resorts Worldwide Inc. has a market cap of $10.84 billion; its shares were traded at around $56.99 with a P/E ratio of 46 and P/S ratio of 2.2. The dividend yield of Starwood Hotels & Resorts Worldwide Inc. stocks is 0.3%.

HOT is in the portfolios of John Griffin of Blue Ridge Capital, Ken Heebner of CAPITAL GROWTH MANAGEMENT LP, John Paulson of Paulson & Co., Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, Mario Gabelli of GAMCO Investors, Jeremy Grantham of GMO LLC, Pioneer Investments.

CFO Recent Trades:

• Sell: EVP, CFO & Vice Chairman Vasant M Prabhu sold 17,514 shares of HOT stock on 10/26/2010 at the average price of 59. Vasant M Prabhu owns at least 239,247 shares after this. The price of the stock has decreased by 3.41% since.

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

Directors and Officers Recent Trades:

• Sell: Director Bruce W Duncan sold 45,000 shares of HOT stock on 11/04/2010 at the average price of 57.49. Bruce W Duncan owns at least 110,271 shares after this. The price of the stock has decreased by 0.87% since.


• Sell: President, Hotel Group Matthew E Avril sold 46,107 shares of HOT stock on 10/25/2010 at the average price of 57.25. Matthew E Avril owns at least 112,156 shares after this. The price of the stock has decreased by 0.45% since.


• Sell: President, Hotel Group Matthew E Avril sold 30,967 shares of HOT stock on 10/06/2010 at the average price of 55.5. Matthew E Avril owns at least 112,156 shares after this. The price of the stock has increased by 2.68% since.


• Sell: Director Dr Kneeland Youngblood sold 21,977 shares of HOT stock on 09/08/2010 at the average price of 50. Dr Kneeland Youngblood owns at least 16,140 shares after this. The price of the stock has increased by 13.98% since.


• Sell: Director Bruce W Duncan sold 21,977 shares of HOT stock on 08/04/2010 at the average price of 50.92. Bruce W Duncan owns at least 192,060 shares after this. The price of the stock has increased by 11.92% since.

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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