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The Western Union Company (WU) President and CEO Hikmet Ersek sells 43,910 Shares

Feb 01, 2012 | About:
insider
insider
President and CEO of The Western Union Company (WU) Hikmet Ersek sells 43,910 shares of WU on 01/30/2012 at an average price of $19 a share.

Western Union has a market cap of $11.89 billion; its shares were traded at around $19.2 with a P/E ratio of 12.4 and P/S ratio of 2.3. The dividend yield of Western Union stocks is 1.7%. Western Union had an annual average earning growth of 3.5% over the past 5 years.


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




Directors and Officers Recent Trades:


  • EVP & Pres., Gl. Cons. Fin. Sv Stewart Stockdale sold 6,900 shares of WU stock on 12/30/2011 at the average price of 18.4. Stewart Stockdale owns at least 173,918 shares after this. The price of the stock has increased by 4.35% since.
  • EVP & Pres., Gl. Cons. Fin. Sv Stewart Stockdale sold 10,000 shares of WU stock on 11/30/2011 at the average price of 17.1. Stewart Stockdale owns at least 180,818 shares after this. The price of the stock has increased by 12.28% since.
  • EVP & Pres., Gl. Cons. Fin. Sv Stewart Stockdale sold 10,000 shares of WU stock on 10/31/2011 at the average price of 17.55. Stewart Stockdale owns at least 190,818 shares after this. The price of the stock has increased by 9.4% since.
  • EVP & Pres., Gl. Cons. Fin. Sv Stewart Stockdale sold 10,000 shares of WU stock on 09/30/2011 at the average price of 15.33. Stewart Stockdale owns at least 200,818 shares after this. The price of the stock has increased by 25.24% since.


For the complete insider trading history of WU, 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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