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