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The Estee Lauder Companies Inc. (EL) Exec. V.P. - CFO Richard W Kunes sells 6,440 Shares

February 16, 2011 | About:
insider

insider

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Exec. V.P. - CFO of The Estee Lauder Companies Inc. (EL) Richard W Kunes sells 6,440 shares of EL on 02/14/2011 at an average price of $94.78 a share.

Estee Lauder Co. has a market cap of $18.71 billion; its shares were traded at around $94.75 with a P/E ratio of 28.1 and P/S ratio of 2.4. The dividend yield of Estee Lauder Co. stocks is 0.8%. Estee Lauder Co. had an annual average earning growth of 5.6% over the past 10 years.

Hedge Fund Gurus that owns EL: Robert Karr of Joho Capital, Andreas Halvorsen of Viking Global Investors LP, Steve Mandel of Lone Pine Capital, Steven Cohen of SAC Capital Advisors, Steven Cohen of SAC Capital Advisors, Louis Moore Bacon of Moore Capital Management, LP, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns EL: Pioneer Investments, Jeremy Grantham of GMO LLC, Mario Gabelli of GAMCO Investors, Chuck Royce of Royce& Associates.

CFO Recent Trades:


  • Sell: Exec. V.P. - CFO Richard W Kunes sold 20,387 shares of EL stock on 02/07/2011 at the average price of 90.83. Richard W Kunes owns at least 6,468 shares after this.

  • Sell: Exec. V.P. - CFO Richard W Kunes sold 60,156 shares of EL stock on 02/03/2011 at the average price of 87.03. Richard W Kunes owns at least 26,855 shares after this.

  • Sell: Exec. V.P. - CFO Richard W Kunes sold 60,156 shares of EL stock on 02/03/2011 at the average price of 87.03. Richard W Kunes owns at least 26,855 shares after this.



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




Directors and Officers Recent Trades:


  • Sell: Grat Remainder Trust Fbo 1992 sold 74,100 shares of EL stock on 02/11/2011 at the average price of 92.77. Grat Remainder Trust Fbo 1992 owns at least 719,413 shares after this.

  • Sell: Grat Remainder Trust Fbo 1992 sold 74,100 shares of EL stock on 02/11/2011 at the average price of 92.77. Grat Remainder Trust Fbo 1992 owns at least 719,413 shares after this.

  • Sell: Grat Remainder Trust Fbo 1992 sold 74,100 shares of EL stock on 02/11/2011 at the average price of 92.77. Grat Remainder Trust Fbo 1992 owns at least 719,413 shares after this.

  • Sell: Group President, International Cedric Prouve sold 50,000 shares of EL stock on 02/07/2011 at the average price of 91.35. Cedric Prouve owns at least 31,790 shares after this.

  • Sell: Group President John Demsey sold 84,167 shares of EL stock on 02/07/2011 at the average price of 90.57. John Demsey owns at least 9,468 shares after this.



For the complete insider trading history of EL, 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: 1.7/5 (3 votes)

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