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Viad Corp (VVI) Chairman, President & CEO Paul B Dykstra sells 10,600 Shares

December 03, 2010 | About:
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insider

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Chairman, President & CEO of Viad Corp (VVI) Paul B Dykstra sells 10,600 shares of VVI on 12/01/2010 at an average price of $24.61 a share.

Viad Corp has a market cap of $530.4 million; its shares were traded at around $25.81 with and P/S ratio of 0.6. The dividend yield of Viad Corp stocks is 0.7%.

VVI is in the portfolios of Richard Pzena of Pzena Investment Management LLC, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Sell: Chairman, President & CEO Paul B Dykstra sold 2,436 shares of VVI stock on 11/19/2010 at the average price of 23. Paul B Dykstra owns at least 139,231 shares after this. The price of the stock has increased by 12.22% since.

  • Sell: Chairman, President & CEO Paul B Dykstra sold 2,450 shares of VVI stock on 11/10/2010 at the average price of 22. Paul B Dykstra owns at least 141,667 shares after this. The price of the stock has increased by 17.32% since.

  • Sell: Chairman, President & CEO Paul B Dykstra sold 2,261 shares of VVI stock on 11/04/2010 at the average price of 21.12. Paul B Dykstra owns at least 144,117 shares after this. The price of the stock has increased by 22.21% since.

  • Sell: Chairman, President & CEO Paul B Dykstra sold 4,000 shares of VVI stock on 11/02/2010 at the average price of 20.66. Paul B Dykstra owns at least 146,378 shares after this. The price of the stock has increased by 24.93% since.

  • Sell: Chairman, President & CEO Paul B Dykstra sold 2,853 shares of VVI stock on 10/25/2010 at the average price of 20. Paul B Dykstra owns at least 146,378 shares after this. The price of the stock has increased by 29.05% 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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