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Ross Stores Inc. (ROST) Vice Chairman and CEO Michael Balmuth sells 322,584 Shares

Jan 31, 2012 | About:
insider
insider
Vice Chairman and CEO of Ross Stores Inc. (ROST) Michael Balmuth sells 322,584 shares of ROST on 01/30/2012 at an average price of $50.59 a share.

Ross Stores Inc. has a market cap of $11.62 billion; its shares were traded at around $50.82 with a P/E ratio of 18.8 and P/S ratio of 1.5. The dividend yield of Ross Stores Inc. stocks is 0.9%. Ross Stores Inc. had an annual average earning growth of 15% over the past 10 years. GuruFocus rated Ross Stores Inc. the business predictability rank of 3-star.


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




Directors and Officers Recent Trades:


  • Director K Gunnar Bjorkland sold 36,000 shares of ROST stock on 01/12/2012 at the average price of 51.13. K Gunnar Bjorkland owns at least 14,222 shares after this. The price of the stock has decreased by 0.61% since.
  • President, Chief Operating Off Sullivan Michael B O sold 10,000 shares of ROST stock on 10/14/2011 at the average price of 42. Sullivan Michael B O owns at least 206,360 shares after this. The price of the stock has increased by 21% since.
  • President, Chief Merch Officer Barbara Rentler sold 20,182 shares of ROST stock on 09/16/2011 at the average price of 40.53. Barbara Rentler owns at least 226,846 shares after this. The price of the stock has increased by 25.39% since.


For the complete insider trading history of ROST, 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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