Free 7-day Trial
All Articles and Columns »

Alexander & Baldwin Inc. (ALEX) President & CEO Stanley M Kuriyama sells 22,000 Shares

Dec 15, 2011 | About: ALEX +2.44%
Decrease Font Size Increase Font Size PrintPrint EmailEmail
insider
insider
President & CEO of Alexander & Baldwin Inc. (ALEX) Stanley M Kuriyama sells 22,000 shares of ALEX on 12/14/2011 at an average price of $40.65 a share.

Alexander & Baldwin Inc. has a market cap of $1.73 billion; its shares were traded at around $39.75 with a P/E ratio of 35.3 and P/S ratio of 1.1. The dividend yield of Alexander & Baldwin Inc. stocks is 3.1%.


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




Directors and Officers Recent Trades:


  • Director W Allen Jr Doane sold 5,600 shares of ALEX stock on 12/13/2011 at the average price of 42.27. W Allen Jr Doane owns at least 133,223 shares after this. The price of the stock has decreased by 5.96% since.
  • Director W Allen Jr Doane sold 13,200 shares of ALEX stock on 12/09/2011 at the average price of 42.58. W Allen Jr Doane owns at least 138,823 shares after this. The price of the stock has decreased by 6.65% since.
  • Director W Allen Jr Doane sold 16,303 shares of ALEX stock on 12/07/2011 at the average price of 43.33. W Allen Jr Doane owns at least 152,023 shares after this. The price of the stock has decreased by 8.26% since.


For the complete insider trading history of ALEX, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 4.0/5 (4 votes)

Email FeedsSubscribe via Email RSS FeedsSubscribe RSS

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial