Chairman and Chief Exec. Off., 10% Owner of Dick's Sporting Goods Inc. (DKS) Edward W Stack sells 500,000 shares of DKS on 06/29/2012 at an average price of $48.21 a share.

Dicks Sporting Goods Inc has a market cap of $5.67 billion; its shares were traded at around $49.73 with a P/E ratio of 22.1 and P/S ratio of 1.1. The dividend yield of Dicks Sporting Goods Inc stocks is 1%. Dicks Sporting Goods Inc had an annual average earning growth of 11.4% over the past 10 years.

CFO Recent Trades:

• EVP, Finance, Admin & CFO Timothy E Kullman sold 27,509 shares of DKS stock on 06/21/2012 at the average price of 49.19. Timothy E Kullman owns at least 44,016 shares after this. The price of the stock has increased by 1.1% since.

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 9.3% since.
• Chairman and Chief Exec. Off., 10% Owner Edward W Stack sold 15,518 shares of DKS stock on 06/21/2012 at the average price of 49. Edward W Stack owns at least 12,730,359 shares after this. The price of the stock has increased by 1.49% 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 increased by 4.65% 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 increased by 5.07% 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 increased by 5.43% 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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