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PSS World Medical Inc. (PSSI) Executive Vice President & CFO David M Bronson sells 35,000 Shares

Jan 03, 2012 | About:
insider
insider
Executive Vice President & CFO of PSS World Medical Inc. (PSSI) David M Bronson sells 35,000 shares of PSSI on 01/03/2012 at an average price of $24.82 a share.

Pss World Medical Inc. has a market cap of $1.28 billion; its shares were traded at around $24.19 with a P/E ratio of 17.92 and P/S ratio of 0.63. Pss World Medical Inc. had an annual average earning growth of 24.1% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Director Stephen H Rogers bought 3,000 shares of PSSI stock on 08/03/2011 at the average price of 22.54. Stephen H Rogers owns at least 50,237 shares after this. The price of the stock has increased by 7.32% since.
  • Director Melvin L Hecktman sold 4,000 shares of PSSI stock on 11/30/2011 at the average price of 24. Melvin L Hecktman owns at least 103,926 shares after this. The price of the stock has increased by 0.79% since.
  • Director Delores P Kesler sold 17,820 shares of PSSI stock on 11/08/2011 at the average price of 23.06. Delores P Kesler owns at least 87,428 shares after this. The price of the stock has increased by 4.9% since.
  • Director Charles E Adair sold 8,000 shares of PSSI stock on 10/31/2011 at the average price of 22.41. Charles E Adair owns at least 16,121 shares after this. The price of the stock has increased by 7.94% since.
  • Director Charles E Adair sold 5,000 shares of PSSI stock on 08/17/2011 at the average price of 23.05. Charles E Adair owns at least 14,991 shares after this. The price of the stock has increased by 4.95% since.


For the complete insider trading history of PSSI, 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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