A Merrier Christmas to These Insiders, Made the Most Money in Past Week's Trades

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Dec 21, 2012
Amid all the last minute Christmas preparations probably occurring in many homes this week, these following Insiders are among the ones who are pretty much set with having enough to pay for holiday shopping this year – and probably for next year, and the years after that as well.

Data from the GuruFocus Insider Buys/Sells screener show that these Insiders cashed out pretty well after selling shares of their companies this past week. Just in time for the holidays!



Charles A. Davis, Director of AXIS Capital Holdings Ltd. (AXS, Financial)


Yesterday, Davis sold almost 3 million of his AXIS Capital Holdings Ltd. shares, returning over $101 million.

AXIS Capital is a Bermuda-based global provider of specialty lines insurance and treaty reinsurance, with locations besides Bermuda, in the U.S., Europe, Singapore, Canada, Australia and Latin America. As of the end of June, AXIS had a shareholders’ equity of $5.7 billion.

The company is trading near its year’s high, about $35 per share. Its market value has gone up by almost 10 percent year to date.

Apart from being a director at AXIS, Davis serves as the CEO of Stone Point Capital, and Chairman of the Investment Committees of the Trident Fund. He is a former investment banking head at Goldman Sachs Group Inc. (GS, Financial), and serves as a director for several holdings and portfolio companies.



To view more details about his trade history, visit Charles Davis’ GuruFocus Market Overview. Also view which investing Gurus have traded AXIS stock recently at AXS: Guru Trades.

Keith A. Meister, Director of Ralcorp Holdings Inc. (RAH, Financial)

On Dec. 18, Meister made almost $80 million from selling 883,000 shares of Ralcorp Holdings Inc.

Ralcorp, a $4.91 billion-market-capitalized company, is a private-brand foods producer. Its diverse products portfolio is expansive. The company makes such foods as cereals, chips, crackers, chocolate candy, syrups, sauces, condiments and pre-baked products, to name a few.

This recent transaction is the first time Meister traded any shares of the company since becoming a director this year. A former vice chairman of Icahn Enterprises LP., Meister is the founder and managing partner of hedge fund, Corvex Management LP. Meister also serves on the board of ADT Corp. and is a former board member of various corporations.

Ralcorp stock is trading positively today, up 0.02 percent, at the price of $89. Year to date, it has delivered 4.37 percent in market value and 48.73 percent in value in five year’s time frame.



To view more details about his trade history, visit Keith Meister’s GuruFocus Market Overview. Also view which investing Gurus have traded Ralcorp stock recently at RAH:Guru Trades.



Robert J. Coury, CEO and Executive Chairman of Mylan Inc. (MYL, Financial)


Coury sold almost 2 million shares of Mylan Inc. on Dec. 17. He made $54 million in the transaction, the largest amount out of the six other separate sells he made of the company this year.

Mylan is a global pharmaceutical company, with a portfolio of more than 1,100 generic pharmaceuticals and brand medications; among them are antiretroviral therapies, used by HIV/AIDS patients in developing countries.

Under Coury’s reign, Mylan has developed into one of the largest pharmaceutical companies in the world. He took office in 2002, and has helped the company double its manufacturing capacity and expand its research and development segments.

Mylan’s market value has gone up 29.4 percent this year, and 103.59 percent in five years. The stock is trading at $27.90 per share, up 0.09 percent today.

CEO Coury is a very active trader of Mylan’s shares. This year, he traded seven separate times altogether, all transactions of at least $3 million.



To view more details about his trade history, visit Robert Coury’s GuruFocus Market Overview. Also view which Guru investors have traded Mylan stock recently at MYL: Guru Trades.

Robert R. Bennett, Director of Liberty Media Corp. (LMCA, Financial)

After selling 450,000 shares, Bennett gained $52 million.

Bennett has been a director of Liberty Media since May 2006. He has held various executive positions with the company since its inception in 1990, serving as a president at one point, as well as CEO. Currently he also serves as a director for both Discovery (DISCA, Financial) and Sprint Nextel Corp. (S).

Liberty Media owns interests in a broad range of media and entertainment businesses including Starz LLC, SiriusXM (SIRI, Financial), Live Nation Entertainment (LYV, Financial) and Barnes & Noble (BKS, Financial). It has a market cap of $13.72 billion. With its stock down 1.94 percent this afternoon, its price is $114.18.

Bennett has traded company shares three separate times this past year. He made the most money in this recent transaction.



To view more details about his trade history with the company visit Robert Bennett’s GuruFocus Market Overview. Also view which Guru investors have traded Liberty Media stock recently at LMCA: Guru Trades.