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EMC Corp. (EMC) Chief Acctg Off & COO, Finance Denis Cashman sells 26,000 Shares

Feb 09, 2012 | About:
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insider
Chief Acctg Off & COO, Finance of EMC Corp. (EMC) Denis Cashman sells 26,000 shares of EMC on 02/07/2012 at an average price of $26.1 a share.

Emc Corp. has a market cap of $53.34 billion; its shares were traded at around $26.38 with a P/E ratio of 20.7 and P/S ratio of 2.7. Emc Corp. had an annual average earning growth of 10.6% over the past 5 years.

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


CEO Recent Trades:


  • Chairman, President and CEO Joseph M Tucci sold 246,027 shares of EMC stock on 11/10/2011 at the average price of 24.01. Joseph M Tucci owns at least 2,336,560 shares after this. The price of the stock has increased by 9.87% since.
  • Chairman, President and CEO Joseph M Tucci sold 350,000 shares of EMC stock on 10/21/2011 at the average price of 24. Joseph M Tucci owns at least 2,382,587 shares after this. The price of the stock has increased by 9.92% since.

CFO Recent Trades:


  • EVP & CFO David I Goulden sold 20,000 shares of EMC stock on 02/02/2012 at the average price of 26. David I Goulden owns at least 748,138 shares after this. The price of the stock has increased by 1.46% since.
  • EVP & CFO David I Goulden sold 40,000 shares of EMC stock on 01/30/2012 at the average price of 25.71. David I Goulden owns at least 816,872 shares after this. The price of the stock has increased by 2.61% since.
  • EVP & CFO David I Goulden sold 65,000 shares of EMC stock on 01/25/2012 at the average price of 25.14. David I Goulden owns at least 816,872 shares after this. The price of the stock has increased by 4.93% since.
  • EVP & CFO David I Goulden sold 17,655 shares of EMC stock on 10/24/2011 at the average price of 24.01. David I Goulden owns at least 853,143 shares after this. The price of the stock has increased by 9.87% since.
  • EVP & CFO David I Goulden sold 8,000 shares of EMC stock on 10/19/2011 at the average price of 23.81. David I Goulden owns at least 853,143 shares after this. The price of the stock has increased by 10.79% since.

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




Directors and Officers Recent Trades:


  • Director David N Strohm sold 60,000 shares of EMC stock on 02/06/2012 at the average price of 26.2. David N Strohm owns at least 278,701 shares after this. The price of the stock has increased by 0.69% since.
  • Vice Chairman William J Jr Teuber sold 13,980 shares of EMC stock on 02/03/2012 at the average price of 26.46. William J Jr Teuber owns at least 754,276 shares after this. The price of the stock has decreased by 0.3% since.
  • EVP, Human Resources John T Mollen sold 100,821 shares of EMC stock on 02/03/2012 at the average price of 26.13. John T Mollen owns at least 476,580 shares after this. The price of the stock has increased by 0.96% since.
  • Vice Chairman William J Jr Teuber sold 58,274 shares of EMC stock on 02/02/2012 at the average price of 25.8. William J Jr Teuber owns at least 768,256 shares after this. The price of the stock has increased by 2.25% since.
  • EVP & General Counsel Paul T Dacier sold 50,000 shares of EMC stock on 01/25/2012 at the average price of 25.44. Paul T Dacier owns at least 605,925 shares after this. The price of the stock has increased by 3.69% since.


For the complete insider trading history of EMC, 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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