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Ross Stores Inc. (ROST) Vice Chairman and CEO Michael Balmuth sells 139,657 Shares

February 08, 2011 | About:
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Vice Chairman and CEO of Ross Stores Inc. (ROST) Michael Balmuth sells 139,657 shares of ROST on 02/07/2011 at an average price of $69.12 a share.

Ross Stores Inc. has a market cap of $7.8 billion; its shares were traded at around $69.92 with a P/E ratio of 14.8 and P/S ratio of 1.1. The dividend yield of Ross Stores Inc. stocks is 1%. Ross Stores Inc. had an annual average earning growth of 11.3% over the past 10 years. GuruFocus rated Ross Stores Inc. the business predictability rank of 3.5-star.

Hedge Fund Gurus that owns ROST: Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Kenneth Fisher of Fisher Asset Management, LLC, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns ROST: Chuck Akre of Akre Capital Management, LLC, John Hussman of Hussman Economtrics Advisors, Inc., Pioneer Investments, Chuck Royce of Royce& Associates, Chuck Royce of Royce& Associates, Jeremy Grantham of GMO LLC.

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


CEO Recent Trades:


  • Sell: Vice Chairman and CEO Michael Balmuth sold 78,500 shares of ROST stock on 01/10/2011 at the average price of 64. Michael Balmuth owns at least 523,789 shares after this. The price of the stock has increased by 9.25% since.

  • Sell: Vice Chairman and CEO Michael Balmuth sold 26,370 shares of ROST stock on 10/12/2010 at the average price of 56.27. Michael Balmuth owns at least 523,741 shares after this. The price of the stock has increased by 24.26% since.

  • Sell: Vice Chairman and CEO Michael Balmuth sold 66,500 shares of ROST stock on 09/08/2010 at the average price of 52. Michael Balmuth owns at least 523,607 shares after this. The price of the stock has increased by 34.46% since.

  • Sell: Vice Chairman and CEO Michael Balmuth sold 12,500 shares of ROST stock on 09/07/2010 at the average price of 52.23. Michael Balmuth owns at least 523,607 shares after this. The price of the stock has increased by 33.87% since.


CFO Recent Trades:


  • Sell: Senior VP CFO John G Call sold 8,379 shares of ROST stock on 10/11/2010 at the average price of 56.14. John G Call owns at least 31,021 shares after this. The price of the stock has increased by 24.55% since.



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




Directors and Officers Recent Trades:


  • Sell: President, Chief Merch Officer Barbara Rentler sold 1,982 shares of ROST stock on 10/22/2010 at the average price of 57.64. Barbara Rentler owns at least 261,727 shares after this. The price of the stock has increased by 21.3% since.

  • Sell: President, Chief Dev. Officer James S Fassio sold 20,000 shares of ROST stock on 10/21/2010 at the average price of 57.83. James S Fassio owns at least 214,045 shares after this. The price of the stock has increased by 20.91% since.

  • Sell: President, Chief Merch Officer Barbara Rentler sold 9,000 shares of ROST stock on 10/20/2010 at the average price of 57.24. Barbara Rentler owns at least 263,709 shares after this. The price of the stock has increased by 22.15% since.

  • Sell: President, Chief Operating Off Sullivan Michael B O sold 12,632 shares of ROST stock on 10/14/2010 at the average price of 56.1. Sullivan Michael B O owns at least 188,360 shares after this. The price of the stock has increased by 24.63% since.

  • Sell: President, Chief Merch Officer Barbara Rentler sold 15,000 shares of ROST stock on 09/22/2010 at the average price of 54. Barbara Rentler owns at least 263,575 shares after this. The price of the stock has increased by 29.48% since.



For the complete insider trading history of ROST, 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: 3.7/5 (6 votes)

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