EVP & Chairman Soth. Intl. of Sotheby's (BID) Robin Woodhead sells 20,000 shares of BID on 11/15/2010 at an average price of $42.28 a share.

Sotheby's has a market cap of $2.75 billion; its shares were traded at around $41.09 with a P/E ratio of 20.1 and P/S ratio of 5.7. The dividend yield of Sotheby's stocks is 0.5%. Sotheby's had an annual average earning growth of 42.8% over the past 10 years.

BID is in the portfolios of John Rogers of ARIEL CAPITAL MANAGEMENT LLC, Chuck Royce of Royce& Associates, Murray Stahl of Horizon Asset Management, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

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

CEO Recent Trades:

• Sell: CEO, Asia Kevin Ching sold 31,566 shares of BID stock on 11/10/2010 at the average price of 43.47. Kevin Ching owns at least 22,207 shares after this. The price of the stock has decreased by 5.48% since.


• Sell: President and CEO William F Ruprecht sold 6,000 shares of BID stock on 10/25/2010 at the average price of 40.5. William F Ruprecht owns at least 324,291 shares after this. The price of the stock has increased by 1.46% since.


• Sell: President and CEO William F Ruprecht sold 4,150 shares of BID stock on 10/21/2010 at the average price of 38.6. William F Ruprecht owns at least 330,291 shares after this. The price of the stock has increased by 6.45% since.


• Sell: President and CEO William F Ruprecht sold 9,850 shares of BID stock on 10/18/2010 at the average price of 37.61. William F Ruprecht owns at least 334,441 shares after this. The price of the stock has increased by 9.25% since.


• Sell: President and CEO William F Ruprecht sold 3,000 shares of BID stock on 10/11/2010 at the average price of 40. William F Ruprecht owns at least 344,291 shares after this. The price of the stock has increased by 2.72% since.

CFO Recent Trades:

• Sell: EVP & CFO William S Sheridan sold 8,000 shares of BID stock on 09/09/2010 at the average price of 29.76. William S Sheridan owns at least 28,504 shares after this. The price of the stock has increased by 38.07% since.

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

Directors and Officers Recent Trades:

• Sell: EVP & WW Director of Press Diana Phillips sold 1,500 shares of BID stock on 11/10/2010 at the average price of 43.21. Diana Phillips owns at least 7,427 shares after this. The price of the stock has decreased by 4.91% since.


• Sell: EVP & WW Director of Press Diana Phillips sold 2,500 shares of BID stock on 10/11/2010 at the average price of 40. Diana Phillips owns at least 8,927 shares after this. The price of the stock has increased by 2.72% since.


• Sell: EVP & WW Head of HR Susan Alexander sold 5,000 shares of BID stock on 09/15/2010 at the average price of 32.38. Susan Alexander owns at least 21,189 shares after this. The price of the stock has increased by 26.9% since.


• Sell: Managing Director, Europe Maris Van Dyk Patrick Van sold 1,356 shares of BID stock on 09/13/2010 at the average price of 30. Maris Van Dyk Patrick Van owns at least 10,559 shares after this. The price of the stock has increased by 36.97% since.


• Sell: EVP & Chairman Soth. Intl. Robin Woodhead sold 2,000 shares of BID stock on 06/16/2010 at the average price of 32.3. Robin Woodhead owns at least 64,472 shares after this. The price of the stock has increased by 27.21% 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool