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Walter Industries Inc. (WLT) Pres.,COO,Walter Coke Charles C Stewart sells 25,989 Shares

December 10, 2010 | About:
insider

insider

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Pres.,COO,Walter Coke of Walter Industries Inc. (WLT) Charles C Stewart sells 25,989 shares of WLT on 12/09/2010 at an average price of $112.39 a share.

Walter Industries Inc. has a market cap of $6.09 billion; its shares were traded at around $115.16 with a P/E ratio of 18.8 and P/S ratio of 6.3. The dividend yield of Walter Industries Inc. stocks is 0.4%. Walter Industries Inc. had an annual average earning growth of 1.7% over the past 10 years.

WLT is in the portfolios of Stanley Druckenmiller of Duquesne Capital Management, LLC, John Keeley of Keeley Fund Management, George Soros of Soros Fund Management LLC, George Soros of Soros Fund Management LLC, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

CFO Recent Trades:


  • Sell: SVP,Controller,Interim CFO Lisa A Honnold sold 2,000 shares of WLT stock on 12/06/2010 at the average price of 115.05. Lisa A Honnold owns at least 10,175 shares after this. The price of the stock has increased by 0.1% since.

  • Sell: SVP, Controller, Interim CFO Lisa A Honnold sold 3,142 shares of WLT stock on 08/19/2010 at the average price of 76.61. Lisa A Honnold owns at least 12,164 shares after this. The price of the stock has increased by 50.32% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Bernard G Rethore sold 26,256 shares of WLT stock on 12/07/2010 at the average price of 115.35. Bernard G Rethore owns at least 5,855 shares after this. The price of the stock has decreased by 0.16% 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


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