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Hibbett Sports Inc. (HIBB) Executive Chairman Michael J Newsome sells 4,265 Shares

December 08, 2011 | About:
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Executive Chairman of Hibbett Sports Inc. (HIBB) Michael J Newsome sells 4,265 shares of HIBB on 12/06/2011 at an average price of $46.72 a share.

Hibbett Sports Inc. has a market cap of $1.25 billion; its shares were traded at around $46.62 with a P/E ratio of 23.3 and P/S ratio of 1.9. Hibbett Sports Inc. had an annual average earning growth of 15.8% over the past 10 years. GuruFocus rated Hibbett Sports Inc. the business predictability rank of 4.5-star.


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




Directors and Officers Recent Trades:


  • Executive Chairman Michael J Newsome sold 23,158 shares of HIBB stock on 11/18/2011 at the average price of 45.73. Michael J Newsome owns at least 27,565 shares after this. The price of the stock has increased by 1.95% since.
  • Executive Chairman Michael J Newsome sold 21,015 shares of HIBB stock on 11/08/2011 at the average price of 43.76. Michael J Newsome owns at least 27,565 shares after this. The price of the stock has increased by 6.54% since.
  • Executive Chairman Michael J Newsome sold 28,181 shares of HIBB stock on 10/31/2011 at the average price of 41.8. Michael J Newsome owns at least 27,565 shares after this. The price of the stock has increased by 11.53% since.
  • Executive Chairman Michael J Newsome sold 9,000 shares of HIBB stock on 07/06/2011 at the average price of 41.75. Michael J Newsome owns at least 50,675 shares after this. The price of the stock has increased by 11.66% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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: 2.3/5 (3 votes)

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