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Select Comfort Corp. (SCSS) President and CEO William R Mclaughlin sells 26,265 Shares

Oct 26, 2011 | About:
insider
insider
President and CEO of Select Comfort Corp. (SCSS) William R Mclaughlin sells 26,265 shares of SCSS on 10/24/2011 at an average price of $21.17 a share.

Select Comfort Corp. has a market cap of $1.16 billion; its shares were traded at around $20.79 with a P/E ratio of 22.2 and P/S ratio of 1.9.


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




Directors and Officers Recent Trades:


  • COO Shelly Radue Ibach bought 7,365 shares of SCSS stock on 08/08/2011 at the average price of 12.93. Shelly Radue Ibach owns at least 141,018 shares after this. The price of the stock has increased by 60.79% since.
  • COO Shelly Radue Ibach sold 11,868 shares of SCSS stock on 10/24/2011 at the average price of 21.12. Shelly Radue Ibach owns at least 91,018 shares after this. The price of the stock has decreased by 1.56% since.
  • COO Shelly Radue Ibach sold 38,132 shares of SCSS stock on 10/24/2011 at the average price of 21.02. Shelly Radue Ibach owns at least 102,886 shares after this. The price of the stock has decreased by 1.09% since.
  • Director David T Kollat sold 14,184 shares of SCSS stock on 07/25/2011 at the average price of 17.59. David T Kollat owns at least 117,712 shares after this. The price of the stock has increased by 18.19% since.
  • Director Brenda J Lauderback sold 1,000 shares of SCSS stock on 05/24/2011 at the average price of 15.57. Brenda J Lauderback owns at least 19,072 shares after this. The price of the stock has increased by 33.53% since.


For the complete insider trading history of SCSS, 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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