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Barnes Group Inc. (B) President & CEO Gregory F Milzcik sells 59,888 Shares

January 19, 2011 | About:
insider

insider

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President & CEO of Barnes Group Inc. (B) Gregory F Milzcik sells 59,888 shares of B on 01/18/2011 at an average price of $20.25 a share.

Barnes Grp has a market cap of $1.12 billion; its shares were traded at around $20.49 with a P/E ratio of 23.3 and P/S ratio of 1.1. The dividend yield of Barnes Grp stocks is 1.6%. Barnes Grp had an annual average earning growth of 5.9% over the past 10 years.

Hedge Fund Gurus that owns B:

Steven Cohen of SAC Capital Advisors.

Mutual Fund and Other Gurus that owns B:

David Dreman of Dreman Value Management, Chuck Royce of Royce& Associates, Mario Gabelli of GAMCO Investors.

For details of gurus' trades and ownership with B, click here


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




Directors and Officers Recent Trades:


  • Sell: Vice President, Tax Joseph D Deforte sold 26,500 shares of B stock on 12/02/2010 at the average price of 20. Joseph D Deforte owns at least 58,015 shares after this. The price of the stock has increased by 2.45% since.

  • Sell: Director Thomas O Barnes sold 80,000 shares of B stock on 12/01/2010 at the average price of 19.52. Thomas O Barnes owns at least 2,791,227 shares after this. The price of the stock has increased by 4.97% since.

  • Sell: Vice President, Tax Joseph D Deforte sold 27,502 shares of B stock on 11/10/2010 at the average price of 19.1. Joseph D Deforte owns at least 84,497 shares after this. The price of the stock has increased by 7.28% since.

  • Sell: Vice President, Tax John W Alden sold 27,502 shares of B stock on 11/10/2010 at the average price of 19.1. John W Alden owns at least 84,497 shares after this. The price of the stock has increased by 7.28% since.

  • Sell: Vice President, Tax John W Alden sold 27,502 shares of B stock on 11/10/2010 at the average price of 19.1. John W Alden owns at least 84,497 shares after this. The price of the stock has increased by 7.28% since.


For details of insider trades and ownership of B, click here

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


Rating: 3.4/5 (5 votes)

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