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CSX Corp. (CSX) Executive Vice President & COO David A Brown sells 3,000 Shares

January 28, 2011 | About:
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Executive Vice President & COO of CSX Corp. (CSX) David A Brown sells 3,000 shares of CSX on 01/27/2011 at an average price of $70.81 a share.

Csx Corp has a market cap of $26.54 billion; its shares were traded at around $70.92 with a P/E ratio of 19.2 and P/S ratio of 2.9. The dividend yield of Csx Corp stocks is 1.4%. Csx Corp had an annual average earning growth of 18.5% over the past 10 years.

Hedge Fund Gurus that owns CSX: Chris Shumway of Shumway Capital Partners LLC, Bruce Kovner of Caxton Associates, Kenneth Fisher of Fisher Asset Management, LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns CSX: John Buckingham of Al Frank Asset Management, Inc., Bill Gates of Bill & Melinda Gates Foundation Trust, Pioneer Investments, Chuck Akre of Akre Capital Management, LLC, Murray Stahl of Horizon Asset Management, Jeremy Grantham of GMO LLC, RS Investment Management.

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


CEO Recent Trades:


  • Sell: Chairman, President and CEO Michael J Ward sold 90,000 shares of CSX stock on 01/12/2011 at the average price of 68.54. Michael J Ward owns at least 324,580 shares after this. The price of the stock has increased by 3.47% since.

  • Sell: Chairman, President and CEO Michael J Ward sold 100,000 shares of CSX stock on 01/03/2011 at the average price of 65.55. Michael J Ward owns at least 324,582 shares after this. The price of the stock has increased by 8.19% since.

  • Sell: Chairman, President and CEO Michael J Ward sold 90,985 shares of CSX stock on 11/03/2010 at the average price of 62.56. Michael J Ward owns at least 324,566 shares after this. The price of the stock has increased by 13.36% since.

  • Sell: Chairman, President and CEO Michael J Ward sold 9,015 shares of CSX stock on 11/02/2010 at the average price of 62.5. Michael J Ward owns at least 324,566 shares after this. The price of the stock has increased by 13.47% since.

  • Sell: Chairman, President and CEO Michael J Ward sold 83,332 shares of CSX stock on 10/13/2010 at the average price of 59.81. Michael J Ward owns at least 392,569 shares after this. The price of the stock has increased by 18.58% since.


CFO Recent Trades:


  • Sell: Executive Vice President & CFO Oscar Munoz sold 25,000 shares of CSX stock on 01/25/2011 at the average price of 70. Oscar Munoz owns at least 167,151 shares after this. The price of the stock has increased by 1.31% since.

  • Sell: Executive Vice President & CFO Oscar Munoz sold 25,000 shares of CSX stock on 01/03/2011 at the average price of 65.05. Oscar Munoz owns at least 173,862 shares after this. The price of the stock has increased by 9.02% since.

  • Sell: Executive Vice President & CFO Oscar Munoz sold 25,000 shares of CSX stock on 10/25/2010 at the average price of 62.03. Oscar Munoz owns at least 213,862 shares after this. The price of the stock has increased by 14.33% since.

  • Sell: Executive Vice President & CFO Oscar Munoz sold 25,000 shares of CSX stock on 10/13/2010 at the average price of 60.02. Oscar Munoz owns at least 238,862 shares after this. The price of the stock has increased by 18.16% since.

  • Sell: Executive Vice President & CFO Oscar Munoz sold 100,000 shares of CSX stock on 10/11/2010 at the average price of 58.06. Oscar Munoz owns at least 263,862 shares after this. The price of the stock has increased by 22.15% since.



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




Directors and Officers Recent Trades:


  • Sell: SVP - Human Resources Lisa A. Mancini sold 700 shares of CSX stock on 01/03/2011 at the average price of 66. Lisa A. Mancini owns at least 40,696 shares after this. The price of the stock has increased by 7.45% since.

  • Sell: Executive Vice President & COO David A Brown sold 4,000 shares of CSX stock on 10/18/2010 at the average price of 59.76. David A Brown owns at least 42,796 shares after this. The price of the stock has increased by 18.67% since.

  • Sell: SVP - Law & Public Affairs Ellen M Fitzsimmons sold 66,666 shares of CSX stock on 10/13/2010 at the average price of 60.02. Ellen M Fitzsimmons owns at least 221,495 shares after this. The price of the stock has increased by 18.16% since.

  • Sell: SVP - Human Resources Lisa A. Mancini sold 3,400 shares of CSX stock on 10/13/2010 at the average price of 60. Lisa A. Mancini owns at least 41,587 shares after this. The price of the stock has increased by 18.2% since.

  • Sell: Executive Vice President & COO David A Brown sold 2,100 shares of CSX stock on 08/04/2010 at the average price of 53.91. David A Brown owns at least 46,714 shares after this. The price of the stock has increased by 31.55% since.



For the complete insider trading history of CSX, click here.

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


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