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Equity Residential (EQR) President & CEO David J Neithercut sells 18,995 Shares

February 10, 2011 | About:
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President & CEO of Equity Residential (EQR) David J Neithercut sells 18,995 shares of EQR on 02/09/2011 at an average price of $53.8 a share.

Equity Residential has a market cap of $15.25 billion; its shares were traded at around $53.8 with a P/E ratio of 25 and P/S ratio of 7.8. The dividend yield of Equity Residential stocks is 3.4%. Equity Residential had an annual average earning growth of 3.2% over the past 5 years.

Hedge Fund Gurus that owns EQR: Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Stanley Druckenmiller of Duquesne Capital Management, LLC, Manning & Napier Advisors, Inc, Steven Cohen of SAC Capital Advisors, Manning & Napier Advisors, Inc. Mutual Fund and Other Gurus that owns EQR: Ken Heebner of Capital Growth Management LP, Pioneer Investments, Jeremy Grantham of GMO LLC, Chris Davis of Davis Selected Advisers, Dodge & Cox, John Keeley of Keeley Fund Management.

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


CEO Recent Trades:


  • Sell: President & CEO David J Neithercut sold 100,987 shares of EQR stock on 12/22/2010 at the average price of 51.47. David J Neithercut owns at least 349,459 shares after this. The price of the stock has increased by 4.53% since.

  • Sell: President & CEO David J Neithercut sold 26,070 shares of EQR stock on 11/04/2010 at the average price of 50.41. David J Neithercut owns at least 209,706 shares after this. The price of the stock has increased by 6.72% since.

  • Sell: President & CEO David J Neithercut sold 79,965 shares of EQR stock on 09/02/2010 at the average price of 48. David J Neithercut owns at least 376,075 shares after this. The price of the stock has increased by 12.08% since.


CFO Recent Trades:


  • Sell: Executive Vice President & CFO Mark J. Parrell sold 1,009 shares of EQR stock on 02/08/2011 at the average price of 53.7. Mark J. Parrell owns at least 45,591 shares after this. The price of the stock has increased by 0.19% since.

  • Sell: Executive Vice President & CFO Mark J. Parrell sold 16,540 shares of EQR stock on 09/07/2010 at the average price of 48.55. Mark J. Parrell owns at least 38,965 shares after this. The price of the stock has increased by 10.81% since.



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




Directors and Officers Recent Trades:


  • Sell: Executive Vice President David S Santee sold 2,533 shares of EQR stock on 02/08/2011 at the average price of 53.71. David S Santee owns at least 41,725 shares after this. The price of the stock has increased by 0.17% since.

  • Sell: Chief Accounting Officer Ian Kaufman sold 6,610 shares of EQR stock on 02/08/2011 at the average price of 53.75. Ian Kaufman owns at least 4,987 shares after this. The price of the stock has increased by 0.09% since.

  • Sell: Executive Vice President John Powers sold 913 shares of EQR stock on 02/08/2011 at the average price of 53.71. John Powers owns at least 24,301 shares after this. The price of the stock has increased by 0.17% since.

  • Sell: Executive Vice President Mark N Tennison sold 14,538 shares of EQR stock on 02/04/2011 at the average price of 53.51. Mark N Tennison owns at least 45,830 shares after this. The price of the stock has increased by 0.54% since.

  • Sell: Executive Vice President Frederick C Tuomi sold 35,000 shares of EQR stock on 12/23/2010 at the average price of 51.7. Frederick C Tuomi owns at least 145,552 shares after this. The price of the stock has increased by 4.06% since.



For the complete insider trading history of EQR, 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: 3.2/5 (6 votes)

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