Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Celanese Corp. Series A (CE) COO Doug Madden sells 100,000 Shares

February 07, 2012 | About:
insider

insider

41 followers
COO of Celanese Corp. Series A (CE) Doug Madden sells 100,000 shares of CE on 02/03/2012 at an average price of $51.45 a share.

Celanese Corp. Series A has a market cap of $8.15 billion; its shares were traded at around $52.22 with a P/E ratio of 11.7 and P/S ratio of 1.2. The dividend yield of Celanese Corp. Series A stocks is 0.5%.


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




Directors and Officers Recent Trades:


  • Director Martin G Mcguinn bought 2,600 shares of CE stock on 08/22/2011 at the average price of 39.65. Martin G Mcguinn owns at least 70,920 shares after this. The price of the stock has increased by 31.7% since.
  • SVP, Business Strategy Dev. Jay Townsend sold 23,387 shares of CE stock on 10/28/2011 at the average price of 45.31. Jay Townsend owns at least 125,892 shares after this. The price of the stock has increased by 15.25% since.
  • SVP, Finance Christopher W Jensen sold 950 shares of CE stock on 10/27/2011 at the average price of 44.5. Christopher W Jensen owns at least 41,989 shares after this. The price of the stock has increased by 17.35% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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


Rating: 2.0/5 (1 vote)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.