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Advisory Board Company (ABCO) CFO Michael T Kirshbaum sells 3,000 Shares

June 22, 2012 | About:
insider

insider

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CFO of Advisory Board Company (ABCO) Michael T Kirshbaum sells 3,000 shares of ABCO on 06/20/2012 at an average price of $49.87 a share.

Advisory Board has a market cap of $1.65 billion; its shares were traded at around $49.1 with a P/E ratio of 52.5 and P/S ratio of 4.5. Advisory Board had an annual average earning growth of 2.6% over the past 10 years. GuruFocus rated Advisory Board the business predictability rank of 2-star.

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


CEO Recent Trades:


  • CEO Robert W Musslewhite sold 5,000 shares of ABCO stock on 05/21/2012 at the average price of 94.3. Robert W Musslewhite owns at least 14,741 shares after this. The price of the stock has decreased by 47.93% since.
  • CEO Robert W Musslewhite sold 5,000 shares of ABCO stock on 05/14/2012 at the average price of 93.02. Robert W Musslewhite owns at least 14,741 shares after this. The price of the stock has decreased by 47.22% since.
  • CEO Robert W Musslewhite sold 5,000 shares of ABCO stock on 04/20/2012 at the average price of 89.72. Robert W Musslewhite owns at least 8,431 shares after this. The price of the stock has decreased by 45.27% since.
  • CEO Robert W Musslewhite sold 2,375 shares of ABCO stock on 04/10/2012 at the average price of 86.31. Robert W Musslewhite owns at least 8,717 shares after this. The price of the stock has decreased by 43.11% since.
  • CEO Robert W Musslewhite sold 9,374 shares of ABCO stock on 03/12/2012 at the average price of 83.5. Robert W Musslewhite owns at least 5,219 shares after this. The price of the stock has decreased by 41.2% since.

CFO Recent Trades:


  • CFO Michael T Kirshbaum sold 1,500 shares of ABCO stock on 05/15/2012 at the average price of 93.79. Michael T Kirshbaum owns at least 7,484 shares after this. The price of the stock has decreased by 47.65% since.
  • CFO Michael T Kirshbaum sold 1,500 shares of ABCO stock on 04/16/2012 at the average price of 85.23. Michael T Kirshbaum owns at least 5,568 shares after this. The price of the stock has decreased by 42.39% since.
  • CFO Michael T Kirshbaum sold 1,375 shares of ABCO stock on 02/22/2012 at the average price of 76.15. Michael T Kirshbaum owns at least 4,860 shares after this. The price of the stock has decreased by 35.52% since.
  • CFO Michael T Kirshbaum sold 1,375 shares of ABCO stock on 02/07/2012 at the average price of 73.16. Michael T Kirshbaum owns at least 4,860 shares after this. The price of the stock has decreased by 32.89% since.
  • CFO Michael T Kirshbaum sold 1,375 shares of ABCO stock on 01/20/2012 at the average price of 78. Michael T Kirshbaum owns at least 4,860 shares after this. The price of the stock has decreased by 37.05% since.

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




Directors and Officers Recent Trades:


  • Executive Vice President Cormac F Miller sold 1,356 shares of ABCO stock on 06/07/2012 at the average price of 94.71. Cormac F Miller owns at least 339 shares after this. The price of the stock has decreased by 48.16% since.
  • Director Kelt Kindick sold 1,902 shares of ABCO stock on 06/04/2012 at the average price of 95.16. Kelt Kindick owns at least 2,524 shares after this. The price of the stock has decreased by 48.4% since.
  • General Counsel Evan R Farber sold 4,303 shares of ABCO stock on 05/25/2012 at the average price of 94.9. The price of the stock has decreased by 48.26% since.
  • Executive Vice President Richard A Schwartz sold 6,000 shares of ABCO stock on 05/24/2012 at the average price of 95. Richard A Schwartz owns at least 4,393 shares after this. The price of the stock has decreased by 48.32% since.
  • Director Frank J Williams sold 2,800 shares of ABCO stock on 05/22/2012 at the average price of 95.51. Frank J Williams owns at least 15,561 shares after this. The price of the stock has decreased by 48.59% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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


Rating: 3.5/5 (2 votes)

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