Exec VP and CFO of Walt Disney (DIS) James A. Rasulo sold 154,000 shares
On June 14, Sr. Exec VP and CFO of Walt Disney (DIS) James A. Rasulo sold 154,000 shares at an average price of $46.75. The total transaction amount is $7,199,500.
Rasulo joined Walt Disney Company in 1986 as a director. He later became senior vice president of corporate strategic planning. In September 2002, he was named the president of Walt Disney Parks and Resorts. Mr. Rasulo became the executive vice president of Euro Disney S.C.A. in 1998 until he was named the Chairman and CEO in May 2000. Prior to joining Disney, Rasulo worked for Chase Manhattan Bank as an exchange rate/interest rate forecaster, and then became a manager of corporate planning for the Marriott Corporation.
James A. Rasulo sold 150,000 shares of DIS stock in February at the average price of $41.90. Chairman and CEO Robert A Iger sold 1,798,831 shares of DIS stock on May 10th at the average price of 45.36. EVP-Corporate & Treasurer Christine M. McCarthy has sold 114,800 shares of DIS stock in May and June. SVP, Planning and Control Brent Woodford sold 8,500 shares of DIS stock in May and June.
In the quarter that ended on March 31, GuruFocus guru Steve Mandel bought 5,892,808 shares of DIS stock and Joel Greenblatt bought 7,382 shares. Ken Fisher owns 13,186 shares as of March 31, an increase of 24.93% from the previous quarter. 13 GuruFocus gurus have kept their position in DIS slightly adjusted or unchanged. 2 gurus have reduced their position in the Company. As of the first quarter of 2012, Ray Dalio owns 103,542 shares, a decrease of 38.76% of from the previous quarter. Mark Hillman owns 13,539 shares in the first quarter, a decrease of 67.05% of from the previous quarter.
Disney Company (DIS) reported their 2012 quarter ended March 31, 2012. The Company reported revenues of $9.6 billion and net income of $1.2 billion.