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Kennametal Inc. (kmt) President and CEO Carlos M Cardoso sells 25,000 Shares

Jan 31, 2012 | About:
insider
insider
President and CEO of Kennametal Inc. (kmt) Carlos M Cardoso sells 25,000 shares of kmt on 01/30/2012 at an average price of $43.25 a share.

Kennametal Inc. has a market cap of $3.48 billion; its shares were traded at around $43.81 with a P/E ratio of 11.7 and P/S ratio of 1.4. The dividend yield of Kennametal Inc. stocks is 1.3%.

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


CEO Recent Trades:


  • President and CEO Carlos M Cardoso sold 65,609 shares of KMT stock on 11/08/2011 at the average price of 40.2. Carlos M Cardoso owns at least 171,223 shares after this. The price of the stock has increased by 8.98% since.

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




Directors and Officers Recent Trades:


  • Vice President Martha A Bailey sold 3,549 shares of KMT stock on 01/30/2012 at the average price of 43.27. Martha A Bailey owns at least 2,083 shares after this. The price of the stock has increased by 1.25% since.
  • Vice President Steven R Hanna sold 4,000 shares of KMT stock on 01/30/2012 at the average price of 43.76. Steven R Hanna owns at least 2,870 shares after this. The price of the stock has increased by 0.11% since.
  • Vice President Phil H Weihl sold 4,500 shares of KMT stock on 11/01/2011 at the average price of 37.35. Phil H Weihl owns at least 23,656 shares after this. The price of the stock has increased by 17.3% since.
  • Director William R Newlin sold 15,000 shares of KMT stock on 10/31/2011 at the average price of 39.12. William R Newlin owns at least 84,902 shares after this. The price of the stock has increased by 11.99% since.
  • Vice President Phil H Weihl sold 20,202 shares of KMT stock on 10/31/2011 at the average price of 39.2. Phil H Weihl owns at least 30,837 shares after this. The price of the stock has increased by 11.76% since.


For the complete insider trading history of kmt, 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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