MSC Industrial Direct Co. Inc. (MSM) CEO David Sandler sells 17,500 Shares

CEO of MSC Industrial Direct Co. Inc. (MSM) David Sandler sells 17,500 shares of MSM on 01/19/2012 at an average price of $76.65 a share.

Msc Industrial Direct Co. has a market cap of $4.82 billion; its shares were traded at around $76.82 with a P/E ratio of 21 and P/S ratio of 2.3. The dividend yield of Msc Industrial Direct Co. stocks is 1.3%. Msc Industrial Direct Co. had an annual average earning growth of 19.4% over the past 10 years. GuruFocus rated Msc Industrial Direct Co. the business predictability rank of 3-star.

This is the annual revenues and earnings per share of MSM over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MSM.

CEO Recent Trades:

• CEO David Sandler sold 70,000 shares of MSM stock on 11/04/2011 at the average price of 68.69. David Sandler owns at least 275,584 shares after this. The price of the stock has increased by 11.84% since.

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

Directors and Officers Recent Trades:

• Director Denis F Kelly sold 1,519 shares of MSM stock on 01/18/2012 at the average price of 75.25. Denis F Kelly owns at least 13,626 shares after this. The price of the stock has increased by 2.09% since.
• Director, 10% Owner Mitchell Jacobson sold 81,004 shares of MSM stock on 01/12/2012 at the average price of 73.36. Mitchell Jacobson owns at least 91,196 shares after this. The price of the stock has increased by 4.72% since.
• Director, 10% Owner Mitchell Jacobson sold 31,496 shares of MSM stock on 01/11/2012 at the average price of 73.09. Mitchell Jacobson owns at least 72,200 shares after this. The price of the stock has increased by 5.1% since.
• President and COO Erik Gershwind sold 1,501 shares of MSM stock on 01/11/2012 at the average price of 73.04. Erik Gershwind owns at least 25,788 shares after this. The price of the stock has increased by 5.18% since.
• President and COO Erik Gershwind sold 4,749 shares of MSM stock on 01/10/2012 at the average price of 73.19. Erik Gershwind owns at least 27,289 shares after this. The price of the stock has increased by 4.96% since.

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

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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool