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Associated Estates Realty Corp. (AEC) Chairman, President & CEO Jeffrey I Friedman sells 50,000 Shares

Aug 26, 2011 | About:
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insider
Chairman, President & CEO of Associated Estates Realty Corp. (AEC) Jeffrey I Friedman sells 50,000 shares of AEC on 08/24/2011 at an average price of $16.79 a share.

Associated Estates Realty Corp. has a market cap of $684.2 million; its shares were traded at around $16.69 with a P/E ratio of 16.8 and P/S ratio of 4.5. The dividend yield of Associated Estates Realty Corp. stocks is 4.1%.

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


CEO Recent Trades:


  • Chairman, President & CEO Jeffrey I Friedman sold 1,000 shares of AEC stock on 03/04/2011 at the average price of 16.03. Jeffrey I Friedman owns at least 826,671 shares after this. The price of the stock has increased by 4.12% since.

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




Directors and Officers Recent Trades:


  • VP, Construction & Development Jason A Friedman sold 3,000 shares of AEC stock on 08/17/2011 at the average price of 16.85. Jason A Friedman owns at least 36,677 shares after this. The price of the stock has decreased by 0.95% since.
  • Director James M Delaney sold 4,000 shares of AEC stock on 08/12/2011 at the average price of 16.67. James M Delaney owns at least 3,394 shares after this. The price of the stock has increased by 0.12% since.


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

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


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