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Acuity Brands Inc. (AYI) Chairman, President and CEO Vernon J Nagel sells 76,776 Shares

Feb 07, 2012 | About:
insider
insider
Chairman, President and CEO of Acuity Brands Inc. (AYI) Vernon J Nagel sells 76,776 shares of AYI on 02/03/2012 at an average price of $60.5 a share.

Acuity Brands Inc. has a market cap of $2.53 billion; its shares were traded at around $59.99 with a P/E ratio of 23 and P/S ratio of 1.4. The dividend yield of Acuity Brands Inc. stocks is 0.9%. Acuity Brands Inc. had an annual average earning growth of 5.8% over the past 10 years.

This is the annual revenues and earnings per share of AYI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AYI.


CEO Recent Trades:


  • Chairman, President and CEO Vernon J Nagel sold 50,265 shares of AYI stock on 02/02/2012 at the average price of 52.87. Vernon J Nagel owns at least 262,743 shares after this. The price of the stock has increased by 13.47% since.

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




Directors and Officers Recent Trades:


  • Director Norman H Wesley bought 3,500 shares of AYI stock on 10/25/2011 at the average price of 45.42. Norman H Wesley owns at least 3,834 shares after this. The price of the stock has increased by 32.08% since.
  • EVP- Customer Enabling Team Ld Mark A Black sold 13,582 shares of AYI stock on 01/18/2012 at the average price of 57.67. Mark A Black owns at least 32,112 shares after this. The price of the stock has increased by 4.02% since.
  • Director Neil Williams sold 1,815 shares of AYI stock on 10/28/2011 at the average price of 49.2. Neil Williams owns at least 11,286 shares after this. The price of the stock has increased by 21.93% since.


For the complete insider trading history of AYI, 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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