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President and CEO of MWI Vet Supply James F. Cleary Jr. Sold 76,394 shares

June 19, 2012 | About:
alicet236

GuruFocus

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MWI Veterinary Supply is a distributor of animal health products to veterinarians across the United States of America. MWI Vet Supply has a market cap of $1.25 billion; its shares were traded at around $99.32 with a P/E ratio of 25.8 and P/S ratio of 0.8. MWI Vet Supply had an annual average earnings growth of 22.8% over the past 5 years.

On June 18, President and CEO of MWI Vet Supply (MWIV) James F. Cleary Jr. sold 76,394 shares at an average price of $96.25. The total transaction amount is $7,352,923.

James F. Clearly Jr. joined MWI in January 1998 as Director of National Accounts. Mr. Clearly became president in March 2000, CEO in June 2002, and is a member of the board of directors since June 2002.

On June 13, James F. Clearly Jr. has also sold 50,986 shares of MWIV stock at the average price of $90.81.

Mario Gabelli has kept his position in MWIV unchanged or slightly adjusted. As of March 31, he owns 61,300 shares.

On May 3, 2012, MWI Veterinary reported their 2012 second quarter results. The company reported total revenues of $507.2 million, 38.2% higher than revenues for the same period last year. Net income increased 27.5% from the 2011 first quarter to $13.2 million.

Rating: 3.3/5 (6 votes)

Comments

AGarza
AGarza - 1 year ago
Cleary sounds like a really interesting guy... I found this bio about him here with a good picture
PinkTomatoes
PinkTomatoes - 1 year ago
James F. Cleary seems to be a really good leader and manager... take a look at this article on big profits for the last quarter...

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