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Valmont Industries, Inc. (VMI) Chairman and CEO Mogens C Bay sells 35,398 Shares

November 21, 2012 | About:
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Chairman and CEO of Valmont Industries, Inc. (VMI) Mogens C Bay sells 35,398 shares of VMI on 11/21/2012 at an average price of $136.2 a share.

Valmont Industries, Inc. has a market cap of $3.52 billion; its shares were traded at around $136.87 with a P/E ratio of 16.2 and P/S ratio of 1.3. The dividend yield of Valmont Industries, Inc. stocks is 0.7%. Valmont Industries, Inc. had an annual average earning growth of 13.3% over the past 10 years. GuruFocus rated Valmont Industries, Inc. the business predictability rank of 4-star.

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


CEO Recent Trades:


  • Chairman and CEO Mogens C Bay sold 35,398 shares of VMI stock on 11/21/2012 at the average price of 136.2. Mogens C Bay owns at least 350,000 shares after this. The price of the stock has increased by 0.49% since.
  • Chairman and CEO Mogens C Bay sold 14,602 shares of VMI stock on 11/06/2012 at the average price of 136.59. Mogens C Bay owns at least 385,398 shares after this. The price of the stock has increased by 0.2% since.

CFO Recent Trades:


  • Sr. VP & CFO Terry Mcclain sold 20,000 shares of VMI stock on 08/10/2012 at the average price of 126.65. Terry Mcclain owns at least 41,678 shares after this. The price of the stock has increased by 8.07% since.

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




Directors and Officers Recent Trades:


  • VP Corporate Development Brian J Desigio sold 154 shares of VMI stock on 11/09/2012 at the average price of 132.78. Brian J Desigio owns at least 2,453 shares after this. The price of the stock has increased by 3.08% since.
  • Director Stephen R Jr Lewis sold 1,071 shares of VMI stock on 07/26/2012 at the average price of 125.42. Stephen R Jr Lewis owns at least 11,615 shares after this. The price of the stock has increased by 9.13% since.
  • VP & Corporate Controller Mark C Jaksich sold 10,000 shares of VMI stock on 07/26/2012 at the average price of 125.46. Mark C Jaksich owns at least 35,226 shares after this. The price of the stock has increased by 9.09% since.


For the complete insider trading history of VMI, 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: 5.0/5 (3 votes)

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