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Atmos Energy Corp. (ATO) Executive Chairman Robert W Best sells 175,000 Shares

November 10, 2010 | About:
insider

insider

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Executive Chairman of Atmos Energy Corp. (ATO) Robert W Best sells 175,000 shares of ATO on 11/10/2010 at an average price of $30.17 a share.

Atmos Energy Corp. has a market cap of $2.72 billion; its shares were traded at around $30.14 with a P/E ratio of 13.4 and P/S ratio of 0.5. The dividend yield of Atmos Energy Corp. stocks is 4.4%. Atmos Energy Corp. had an annual average earning growth of 5.8% over the past 10 years. GuruFocus rated Atmos Energy Corp. the business predictability rank of 3-star.

ATO is in the portfolios of Mario Gabelli of GAMCO Investors, George Soros of Soros Fund Management LLC, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors.


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




Directors and Officers Recent Trades:


  • Sell: Sr VP and General Counsel Louis P Gregory sold 8,500 shares of ATO stock on 08/24/2010 at the average price of 28.4. Louis P Gregory owns at least 48,179 shares after this. The price of the stock has increased by 6.13% since.

  • Sell: Sr VP and General Counsel Louis P Gregory sold 4,000 shares of ATO stock on 08/17/2010 at the average price of 29. Louis P Gregory owns at least 56,679 shares after this. The price of the stock has increased by 3.93% since.

  • Sell: Sr VP and General Counsel Louis P Gregory sold 3,000 shares of ATO stock on 08/11/2010 at the average price of 28.9. Louis P Gregory owns at least 60,679 shares after this. The price of the stock has increased by 4.29% since.

  • Sell: Sr VP and General Counsel Louis P Gregory sold 10,000 shares of ATO stock on 08/09/2010 at the average price of 29.4. Louis P Gregory owns at least 63,679 shares after this. The price of the stock has increased by 2.52% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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


Rating: 3.0/5 (3 votes)

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