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Broadridge Financial Solutions Inc. (BR) CEO Richard J Daly sells 9,675 Shares

Dec 02, 2011 | About:
insider
insider
CEO of Broadridge Financial Solutions Inc. (BR) Richard J Daly sells 9,675 shares of BR on 12/01/2011 at an average price of $22.51 a share.

Broadridge Financial Solutions has a market cap of $2.78 billion; its shares were traded at around $22.48 with a P/E ratio of 15.8 and P/S ratio of 1.2. The dividend yield of Broadridge Financial Solutions stocks is 2.8%.


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




Directors and Officers Recent Trades:


  • Director Thomas J Perna bought 5,000 shares of BR stock on 08/19/2011 at the average price of 19.9. Thomas J Perna owns at least 7,039 shares after this. The price of the stock has increased by 12.96% since.
  • Corporate Vice President Robert F Kalenka sold 11,409 shares of BR stock on 11/07/2011 at the average price of 22.45. Robert F Kalenka owns at least 22,729 shares after this. The price of the stock has increased by 0.13% since.
  • Corporate Vice President Dan Sheldon sold 28,760 shares of BR stock on 10/19/2011 at the average price of 21.36. Dan Sheldon owns at least 58,430 shares after this. The price of the stock has increased by 5.24% since.
  • Corporate Vice President Dan Sheldon sold 5,240 shares of BR stock on 09/19/2011 at the average price of 20.53. Dan Sheldon owns at least 57,708 shares after this. The price of the stock has increased by 9.5% since.
  • Corporate Vice President John Peter Benzie sold 6,244 shares of BR stock on 08/17/2011 at the average price of 21.41. John Peter Benzie owns at least 9,000 shares after this. The price of the stock has increased by 5% since.


For the complete insider trading history of BR, 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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