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Ingram Micro Inc. (IM) SR EVP & CFO William David Humes sells 7,250 Shares

Dec 30, 2010 | About:
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SR EVP & CFO of Ingram Micro Inc. (IM) William David Humes sells 7,250 shares of IM on 12/29/2010 at an average price of $19.25 a share.

Ingram Micro Inc. has a market cap of $3.01 billion; its shares were traded at around $19.18 with a P/E ratio of 10.3 and P/S ratio of 0.1. Ingram Micro Inc. had an annual average earning growth of 7.3% over the past 10 years.

IM is in the portfolios of Donald Smith of Donald Smith & Co., Third Avenue Management, David Einhorn of Greenlight Capital Inc, Louis Moore Bacon of Moore Capital Management, LP, Chuck Royce of Royce& Associates, Paul Tudor Jones of The Tudor Group, Jeremy Grantham of GMO LLC, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors.


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




Directors and Officers Recent Trades:


  • Sell: SR EVP & Pres., EMEA Alain Maquet sold 24,360 shares of IM stock on 11/08/2010 at the average price of 18.2. Alain Maquet owns at least 86,899 shares after this. The price of the stock has increased by 5.38% since.

  • Sell: SR EVP & Pres. Asia-Pacific Shailendra Gupta sold 7,555 shares of IM stock on 11/05/2010 at the average price of 18.21. Shailendra Gupta owns at least 97,198 shares after this. The price of the stock has increased by 5.33% since.

  • Sell: EVP, Sec. & General Counsel Larry C Boyd sold 48,026 shares of IM stock on 11/04/2010 at the average price of 18.03. Larry C Boyd owns at least 64,849 shares after this. The price of the stock has increased by 6.38% since.

  • Sell: SR EVP & Pres., N. America Keith W F Bradley sold 15,248 shares of IM stock on 11/02/2010 at the average price of 17.87. Keith W F Bradley owns at least 113,779 shares after this. The price of the stock has increased by 7.33% since.

  • Sell: EVP, Sec. & General Counsel Larry C Boyd sold 2,322 shares of IM stock on 08/17/2010 at the average price of 16.05. Larry C Boyd owns at least 61,005 shares after this. The price of the stock has increased by 19.5% since.


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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