Free 7-day Trial
All Articles and Columns »

Tech Data Corp. (TECD) CEO Robert M Dutkowsky sells 10,000 Shares

Dec 27, 2011 | About:
insider
insider
CEO of Tech Data Corp. (TECD) Robert M Dutkowsky sells 10,000 shares of TECD on 12/22/2011 at an average price of $50.95 a share.

Tech Data Corp. has a market cap of $2.24 billion; its shares were traded at around $51.51 with a P/E ratio of 10.26 and P/S ratio of 0.09. Tech Data Corp. had an annual average earning growth of 5.2% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Director Steven A Raymund sold 19,500 shares of TECD stock on 12/07/2011 at the average price of 50.55. Steven A Raymund owns at least 1,246,353 shares after this. The price of the stock has increased by 1.9% since.
  • Director Steven A Raymund sold 47,300 shares of TECD stock on 12/05/2011 at the average price of 51.04. Steven A Raymund owns at least 1,265,853 shares after this. The price of the stock has increased by 0.92% since.
  • Director Steven A Raymund sold 52,700 shares of TECD stock on 12/02/2011 at the average price of 50.02. Steven A Raymund owns at least 1,313,153 shares after this. The price of the stock has increased by 2.98% since.


For the complete insider trading history of TECD, 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: 4.5/5 (2 votes)

Comments

Please leave your comment:



More Gurufocus Links

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