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ProLogis (PLD) CEO, The Americas Eugene F Reilly sells 160,000 Shares

March 15, 2012 | About: PLD +0%
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CEO, The Americas of ProLogis (PLD) Eugene F Reilly sells 160,000 shares of PLD on 03/13/2012 at an average price of $34.5 a share.

Prologis Inc has a market cap of $15.68 billion; its shares were traded at around $35 with a P/E ratio of 21.9 and P/S ratio of 10.2. The dividend yield of Prologis Inc stocks is 3.3%.

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


CEO Recent Trades:


  • Co-CEO Walter C Rakowich sold 290,000 shares of PLD stock on 02/24/2012 at the average price of 33.85. Walter C Rakowich owns at least 128,868 shares after this. The price of the stock has increased by 3.4% since.

CFO Recent Trades:


  • CFO William E Sullivan sold 49,461 shares of PLD stock on 03/02/2012 at the average price of 33.66. William E Sullivan owns at least 90,991 shares after this. The price of the stock has increased by 3.98% since.
  • CFO William E Sullivan sold 31,394 shares of PLD stock on 02/23/2012 at the average price of 33.1. William E Sullivan owns at least 140,452 shares after this. The price of the stock has increased by 5.74% since.
  • CFO William E Sullivan sold 41,850 shares of PLD stock on 02/17/2012 at the average price of 33.74. William E Sullivan owns at least 171,846 shares after this. The price of the stock has increased by 3.73% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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  • Double Buys:: Companies that both Gurus and Insiders are buying
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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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