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Ascena Retail Group Inc. (ASNA) CEO, Tween Brands, Inc. Michael W Rayden sells 20,000 Shares

March 11, 2011 | About:
insider

insider

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CEO, Tween Brands, Inc. of Ascena Retail Group Inc. (ASNA) Michael W Rayden sells 20,000 shares of ASNA on 03/09/2011 at an average price of $31.25 a share.

Ascena Retail Group Inc. has a market cap of $2.4 billion; its shares were traded at around $30.43 with a P/E ratio of 13.5 and P/S ratio of 1.

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


CEO Recent Trades:


  • Sell: CEO, Tween Brands, Inc. Michael W Rayden sold 45,000 shares of ASNA stock on 03/08/2011 at the average price of 30.83. Michael W Rayden owns at least 113,255 shares after this. The price of the stock has decreased by 1.3% since.

CFO Recent Trades:


  • Sell: Executive Vice President & CFO Armand Correia sold 75,000 shares of ASNA stock on 01/21/2011 at the average price of 27.03. Armand Correia owns at least 4,150 shares after this. The price of the stock has increased by 12.58% since.

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




Directors and Officers Recent Trades:


  • Sell: SVP, General Counsel Gene Wexler sold 16,000 shares of ASNA stock on 01/18/2011 at the average price of 26.56. Gene Wexler owns at least 12,513 shares after this. The price of the stock has increased by 14.57% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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."
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  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: 3.0/5 (6 votes)

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