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Ingram Micro Inc. (IM) SR EVP & CFO William David Humes sells 3,634 Shares

Feb 01, 2011 | About:
insider
insider
SR EVP & CFO of Ingram Micro Inc. (IM) William David Humes sells 3,634 shares of IM on 01/31/2011 at an average price of $20 a share.

Ingram Micro has a market cap of $3.1 billion; its shares were traded at around $19.74 with a P/E ratio of 10.6 and P/S ratio of 0.1. Ingram Micro had an annual average earning growth of 7.3% over the past 10 years.

Hedge Fund Gurus that owns IM: David Einhorn of Greenlight Capital Inc, Louis Moore Bacon of Moore Capital Management, LP, Paul Tudor Jones of The Tudor Group, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns IM: Donald Smith of Donald Smith & Co., Third Avenue Management, Chuck Royce of Royce& Associates, Jeremy Grantham of GMO LLC.

CFO Recent Trades:


  • Sell: SR EVP & CFO William David Humes sold 7,250 shares of IM stock on 12/29/2010 at the average price of 19.25. William David Humes owns at least 109,231 shares after this. The price of the stock has increased by 2.55% since.



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. Asia-Pacific Shailendra Gupta sold 19,171 shares of IM stock on 01/27/2011 at the average price of 19.9. Shailendra Gupta owns at least 98,027 shares after this. The price of the stock has decreased by 0.8% since.

  • 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 8.46% 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 8.4% 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 9.48% 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 10.46% since.



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

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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