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Belden Inc. (BDC) CEO John S Stroup sells 16,262 Shares

February 09, 2011 | About:
insider

insider

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CEO of Belden Inc. (BDC) John S Stroup sells 16,262 shares of BDC on 02/07/2011 at an average price of $39.1 a share.

Belden Inc. has a market cap of $1.6 billion; its shares were traded at around $39.34 with a P/E ratio of 21.2 and P/S ratio of 1.1. The dividend yield of Belden Inc. stocks is 0.6%.

Mutual Fund and Other Gurus that owns BDC: NWQ Managers of NWQ Investment Management Co, Mario Gabelli of GAMCO Investors, Chuck Royce of Royce& Associates, Chuck Royce of Royce& Associates.

CFO Recent Trades:


  • Sell: SVP Finance, CFO & CAO Gray G Benoist sold 7,676 shares of BDC stock on 02/07/2011 at the average price of 39.11. Gray G Benoist owns at least 67,211 shares after this. The price of the stock has increased by 0.59% since.



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




Directors and Officers Recent Trades:


  • Sell: SVP, Secretary & Gen. Counsel Kevin L Bloomfield sold 8,000 shares of BDC stock on 12/17/2010 at the average price of 37.06. Kevin L Bloomfield owns at least 37,652 shares after this. The price of the stock has increased by 6.15% since.

  • Sell: SVP, Human Resources Cathy O Staples sold 1,005 shares of BDC stock on 12/09/2010 at the average price of 36.73. Cathy O Staples owns at least 47,390 shares after this. The price of the stock has increased by 7.11% since.

  • Sell: SVP, Human Resources Cathy O Staples sold 7,495 shares of BDC stock on 12/09/2010 at the average price of 36.75. Cathy O Staples owns at least 48,395 shares after this. The price of the stock has increased by 7.05% since.

  • Sell: SVP, Human Resources Cathy O Staples sold 9,500 shares of BDC stock on 12/09/2010 at the average price of 36.86. Cathy O Staples owns at least 55,890 shares after this. The price of the stock has increased by 6.73% since.

  • Sell: VP, FP&A and Treasurer Henk Derksen sold 1,545 shares of BDC stock on 12/09/2010 at the average price of 36.7. Henk Derksen owns at least 12,126 shares after this. The price of the stock has increased by 7.19% since.



For the complete insider trading history of BDC, 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: 3.5/5 (4 votes)

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