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MSC Industrial Direct Co. Inc. (MSM) PRESIDENT AND CEO David Sandler sells 67,500 Shares

January 13, 2011 | About:
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PRESIDENT AND CEO of MSC Industrial Direct Co. Inc. (MSM) David Sandler sells 67,500 shares of MSM on 01/12/2011 at an average price of $60.61 a share.

Msc Indl Direct has a market cap of $3.79 billion; its shares were traded at around $60.68 with a P/E ratio of 23 and P/S ratio of 2.2. The dividend yield of Msc Indl Direct stocks is 1.5%. Msc Indl Direct had an annual average earning growth of 19.2% over the past 10 years. GuruFocus rated Msc Indl Direct the business predictability rank of 3.5-star.

MSM is in the portfolios of Chuck Royce of Royce& Associates, Ron Baron of Baron Funds, Kenneth Fisher of Fisher Asset Management, LLC, John Keeley of Keeley Fund Management, Jeremy Grantham of GMO LLC.

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


CEO Recent Trades:


  • Sell: PRESIDENT AND CEO David Sandler sold 22,348 shares of MSM stock on 10/28/2010 at the average price of 58.09. David Sandler owns at least 95,316 shares after this. The price of the stock has increased by 4.46% since.

  • Sell: PRESIDENT AND CEO David Sandler sold 66,638 shares of MSM stock on 10/26/2010 at the average price of 58.26. David Sandler owns at least 116,664 shares after this. The price of the stock has increased by 4.15% since.

  • Sell: PRESIDENT AND CEO David Sandler sold 33,362 shares of MSM stock on 10/25/2010 at the average price of 58.18. David Sandler owns at least 116,664 shares after this. The price of the stock has increased by 4.3% since.


CFO Recent Trades:


  • Sell: EXECUTIVE VP AND CFO Charles A Jr Boehlke sold 2,000 shares of MSM stock on 11/05/2010 at the average price of 58.53. Charles A Jr Boehlke owns at least 43,943 shares after this. The price of the stock has increased by 3.67% since.

  • Sell: EXECUTIVE VP AND CFO Charles A Jr Boehlke sold 20,000 shares of MSM stock on 11/02/2010 at the average price of 57.81. Charles A Jr Boehlke owns at least 46,943 shares after this. The price of the stock has increased by 4.96% since.

  • Sell: EXECUTIVE VP AND CFO Charles A Jr Boehlke sold 43,640 shares of MSM stock on 10/26/2010 at the average price of 58.25. Charles A Jr Boehlke owns at least 66,943 shares after this. The price of the stock has increased by 4.17% since.

  • Sell: EXECUTIVE VP AND CFO Charles A Jr Boehlke sold 33,360 shares of MSM stock on 10/25/2010 at the average price of 58.18. Charles A Jr Boehlke owns at least 66,943 shares after this. The price of the stock has increased by 4.3% since.



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




Directors and Officers Recent Trades:


  • Sell: EXECUTIVE VP, SALES Thomas Cox sold 10,000 shares of MSM stock on 01/10/2011 at the average price of 60.23. Thomas Cox owns at least 22,196 shares after this. The price of the stock has increased by 0.75% since.

  • Sell: EVP, GLOBAL SUPPLY CHAIN OPS Douglas E Jones sold 2,675 shares of MSM stock on 11/19/2010 at the average price of 58.46. Douglas E Jones owns at least 26,674 shares after this. The price of the stock has increased by 3.8% since.

  • Sell: Director, 10% Owner Mitchell Jacobson sold 142,000 shares of MSM stock on 11/19/2010 at the average price of 58.63. Mitchell Jacobson owns at least 189,781 shares after this. The price of the stock has increased by 3.5% since.

  • Sell: EVP, GLOBAL SUPPLY CHAIN OPS Douglas E Jones sold 1,325 shares of MSM stock on 11/18/2010 at the average price of 58.78. Douglas E Jones owns at least 26,674 shares after this. The price of the stock has increased by 3.23% since.

  • Sell: Director, 10% Owner Mitchell Jacobson sold 16,476 shares of MSM stock on 11/17/2010 at the average price of 58.01. Mitchell Jacobson owns at least 131,781 shares after this. The price of the stock has increased by 4.6% 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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