Free 7-day Trial
All Articles and Columns »

Waste Management Inc. (WM) President and CEO David P Steiner sells 2,677 Shares

Feb 02, 2012 | About:
insider
insider
President and CEO of Waste Management Inc. (WM) David P Steiner sells 2,677 shares of WM on 02/02/2012 at an average price of $35.12 a share.

Waste Management Inc. has a market cap of $16.11 billion; its shares were traded at around $34.99 with a P/E ratio of 16.4 and P/S ratio of 1.3. The dividend yield of Waste Management Inc. stocks is 3.9%. Waste Management Inc. had an annual average earning growth of 5% over the past 10 years. GuruFocus rated Waste Management Inc. the business predictability rank of 3.5-star.


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




Directors and Officers Recent Trades:


  • Director Pastora San Juan Cafferty sold 737 shares of WM stock on 01/18/2012 at the average price of 33.43. Pastora San Juan Cafferty owns at least 27,134 shares after this. The price of the stock has increased by 4.67% since.
  • Director Frank M Clark sold 737 shares of WM stock on 01/18/2012 at the average price of 33.5. Frank M Clark owns at least 20,348 shares after this. The price of the stock has increased by 4.45% since.
  • Director Steven G Rothmeier sold 800 shares of WM stock on 01/17/2012 at the average price of 33.89. Steven G Rothmeier owns at least 20,116 shares after this. The price of the stock has increased by 3.25% since.
  • Director Patrick W Gross sold 824 shares of WM stock on 01/17/2012 at the average price of 33.64. Patrick W Gross owns at least 13,844 shares after this. The price of the stock has increased by 4.01% since.
  • Director John C Pope sold 737 shares of WM stock on 01/17/2012 at the average price of 33.72. John C Pope owns at least 42,015 shares after this. The price of the stock has increased by 3.77% since.


For the complete insider trading history of WM, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 4.0/5 (2 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial