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U.S. Bancorp (USB) Vice Chairman Joseph C Hoesley sells 20,639 Shares

Feb 02, 2012 | About:
insider
insider
Vice Chairman of U.S. Bancorp (USB) Joseph C Hoesley sells 20,639 shares of USB on 02/01/2012 at an average price of $28.74 a share.

U.s. Bancorp has a market cap of $54.5 billion; its shares were traded at around $28.56 with a P/E ratio of 11.9 and P/S ratio of 2.5. The dividend yield of U.s. Bancorp stocks is 1.8%.

CFO Recent Trades:


  • Vice Chairman and CFO Andrew Cecere sold 86,462 shares of USB stock on 11/15/2011 at the average price of 25.58. Andrew Cecere owns at least 155,964 shares after this. The price of the stock has increased by 11.65% since.

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




Directors and Officers Recent Trades:


  • Vice Chairman Terrance R Dolan bought 5,000 shares of USB stock on 08/08/2011 at the average price of 22.77. Terrance R Dolan owns at least 47,088 shares after this. The price of the stock has increased by 25.43% since.
  • Director Odell M Owens sold 2,189 shares of USB stock on 01/23/2012 at the average price of 28.42. The price of the stock has increased by 0.49% since.
  • EVP, General Counsel, and Sec. Lee R Mitau sold 5,000 shares of USB stock on 01/23/2012 at the average price of 28.5. Lee R Mitau owns at least 90,609 shares after this. The price of the stock has increased by 0.21% since.
  • Director Doreen Woo Ho sold 1,000 shares of USB stock on 01/23/2012 at the average price of 28.49. The price of the stock has increased by 0.25% since.
  • Director Arthur D Jr Collins sold 20,135 shares of USB stock on 11/14/2011 at the average price of 25.64. Arthur D Jr Collins owns at least 45,290 shares after this. The price of the stock has increased by 11.39% since.


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

Tickers in the article:

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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