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Edwards Lifesciences Corp. (EW) CVP, CFO Thomas M Abate sells 10,000 Shares

Feb 10, 2012 | About:
insider
insider
CVP, CFO of Edwards Lifesciences Corp. (EW) Thomas M Abate sells 10,000 shares of EW on 02/09/2012 at an average price of $73.42 a share.

Edwards Lifesciences Corp. has a market cap of $8.4 billion; its shares were traded at around $73.34 with a P/E ratio of 36.4 and P/S ratio of 5. Edwards Lifesciences Corp. had an annual average earning growth of 10.9% over the past 10 years. GuruFocus rated Edwards Lifesciences Corp. the business predictability rank of 5-star.

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


CEO Recent Trades:


  • Chairman & CEO Michael A Mussallem sold 35,000 shares of EW stock on 02/06/2012 at the average price of 70.7. Michael A Mussallem owns at least 323,043 shares after this. The price of the stock has increased by 3.73% since.
  • Chairman & CEO Michael A Mussallem sold 35,000 shares of EW stock on 01/23/2012 at the average price of 77.03. Michael A Mussallem owns at least 323,043 shares after this. The price of the stock has decreased by 4.79% since.
  • Chairman & CEO Michael A Mussallem sold 35,000 shares of EW stock on 01/09/2012 at the average price of 72.38. Michael A Mussallem owns at least 323,043 shares after this. The price of the stock has increased by 1.33% since.
  • Chairman & CEO Michael A Mussallem sold 35,000 shares of EW stock on 12/19/2011 at the average price of 67.36. Michael A Mussallem owns at least 323,043 shares after this. The price of the stock has increased by 8.88% since.
  • Chairman & CEO Michael A Mussallem sold 35,000 shares of EW stock on 12/05/2011 at the average price of 65.75. Michael A Mussallem owns at least 323,042 shares after this. The price of the stock has increased by 11.54% since.

CFO Recent Trades:


  • CVP, CFO Thomas M Abate sold 10,000 shares of EW stock on 01/12/2012 at the average price of 73.91. Thomas M Abate owns at least 47,925 shares after this. The price of the stock has decreased by 0.77% since.
  • CVP, CFO Thomas M Abate sold 11,332 shares of EW stock on 12/29/2011 at the average price of 71.1. Thomas M Abate owns at least 47,925 shares after this. The price of the stock has increased by 3.15% since.
  • CVP, CFO Thomas M Abate sold 15,895 shares of EW stock on 08/31/2011 at the average price of 74.44. Thomas M Abate owns at least 47,925 shares after this. The price of the stock has decreased by 1.48% since.

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




Directors and Officers Recent Trades:


  • Director Barbara J Mcneil bought 158 shares of EW stock on 11/29/2011 at the average price of 63.78. Barbara J Mcneil owns at least 45,918 shares after this. The price of the stock has increased by 14.99% since.
  • CVP, Japan & Intercontinental Huimin Wang sold 10,240 shares of EW stock on 02/06/2012 at the average price of 72.05. Huimin Wang owns at least 51,380 shares after this. The price of the stock has increased by 1.79% since.
  • CVP, Strategy & Corp Dev John H Jr Kehl sold 15,000 shares of EW stock on 02/02/2012 at the average price of 80.57. John H Jr Kehl owns at least 104,515 shares after this. The price of the stock has decreased by 8.97% since.
  • CVP, Europe Patrick B Verguet sold 6,000 shares of EW stock on 02/01/2012 at the average price of 82.67. Patrick B Verguet owns at least 48,382 shares after this. The price of the stock has decreased by 11.29% since.
  • Director David E I Pyott sold 20,000 shares of EW stock on 01/18/2012 at the average price of 76.95. David E I Pyott owns at least 43,068 shares after this. The price of the stock has decreased by 4.69% since.


For the complete insider trading history of EW, 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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