Chairman and Chief Exec. Off., 10% Owner of Dick's Sporting Goods Inc. (DKS) Edward W Stack sells 15,518 shares of DKS on 06/21/2012 at an average price of $49 a share.

Dicks Sporting Goods Inc has a market cap of $5.61 billion; its shares were traded at around $46.5 with a P/E ratio of 21.9 and P/S ratio of 1.1. The dividend yield of Dicks Sporting Goods Inc stocks is 1.1%. Dicks Sporting Goods Inc had an annual average earning growth of 11.4% over the past 10 years.


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

Directors and Officers Recent Trades:

• Director Larry D Stone bought 2,000 shares of DKS stock on 06/01/2012 at the average price of 45.5. Larry D Stone owns at least 24,098 shares after this. The price of the stock has increased by 2.2% since.
• President and COO Joseph H Schmidt sold 70,000 shares of DKS stock on 06/20/2012 at the average price of 47.52. Joseph H Schmidt owns at least 76,830 shares after this. The price of the stock has decreased by 2.15% since.
• Chairman and Chief Exec. Off., 10% Owner Edward W Stack sold 380,000 shares of DKS stock on 05/29/2012 at the average price of 47.33. Edward W Stack owns at least 12,730,359 shares after this. The price of the stock has decreased by 1.75% since.
• Chairman and Chief Exec. Off., 10% Owner Edward W Stack sold 327,448 shares of DKS stock on 05/25/2012 at the average price of 47.17. Edward W Stack owns at least 10,986,888 shares after this. The price of the stock has decreased by 1.42% since.
• Chairman and Chief Exec. Off., 10% Owner Edward W Stack sold 642,700 shares of DKS stock on 05/22/2012 at the average price of 46.55. Edward W Stack owns at least 10,986,888 shares after this. The price of the stock has decreased by 0.11% since.

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

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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