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Sempra Energy (SRE) President and COO Neal E Schmale sells 71,600 Shares

December 14, 2010 | About:
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insider

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President and COO of Sempra Energy (SRE) Neal E Schmale sells 71,600 shares of SRE on 12/14/2010 at an average price of $51.53 a share.

Sempra Energy has a market cap of $12.42 billion; its shares were traded at around $51.75 with a P/E ratio of 13.2 and P/S ratio of 1.5. The dividend yield of Sempra Energy stocks is 3%. Sempra Energy had an annual average earning growth of 2.1% over the past 10 years.

SRE is in the portfolios of Steven Cohen of SAC Capital Advisors, Pioneer Investments, Richard Pzena of Pzena Investment Management LLC, Mario Gabelli of GAMCO Investors, David Dreman of Dreman Value Management, George Soros of Soros Fund Management LLC, Jean-Marie Eveillard of First Eagle Investment Management, LLC.


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




Directors and Officers Recent Trades:


  • Sell: Director William P Rutledge sold 15,000 shares of SRE stock on 11/16/2010 at the average price of 49.95. William P Rutledge owns at least 2,732 shares after this. The price of the stock has increased by 3.6% since.

  • Sell: Senior VP and Controller Joseph A Householder sold 22,450 shares of SRE stock on 11/11/2010 at the average price of 51.46. Joseph A Householder owns at least 37,955 shares after this. The price of the stock has increased by 0.56% since.

  • Sell: Director William C Rusnack sold 15,000 shares of SRE stock on 09/03/2010 at the average price of 53.13. William C Rusnack owns at least 4,503 shares after this. The price of the stock has decreased by 2.6% since.

  • Sell: Executive VP & General Counsel Javade Chaudhri sold 8,000 shares of SRE stock on 08/05/2010 at the average price of 51.53. Javade Chaudhri owns at least 60,323 shares after this. The price of the stock has increased by 0.43% since.

  • Sell: Executive VP & General Counsel Javade Chaudhri sold 8,000 shares of SRE stock on 08/05/2010 at the average price of 51.53. Javade Chaudhri owns at least 59,353 shares after this. The price of the stock has increased by 0.43% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.6/5 (5 votes)

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