President and CEO of Sothebys (BID) William F Ruprecht sells 4,000 shares of BID on 01/18/2013 at an average price of $35.5 a share.

Sothebys has a market cap of $2.45 billion; its shares were traded at around $36.03 with a P/E ratio of 21.6 and P/S ratio of 3.2. The dividend yield of Sothebys stocks is 0.9%. Sothebys had an annual average earning growth of 34.9% over the past 10 years.

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

CEO Recent Trades:

• President and CEO William F Ruprecht sold 4,000 shares of BID stock on 01/18/2013 at the average price of 35.5. William F Ruprecht owns at least 121,437 shares after this. The price of the stock has increased by 1.49% since.
• President and CEO William F Ruprecht sold 4,000 shares of BID stock on 01/15/2013 at the average price of 34.63. William F Ruprecht owns at least 125,437 shares after this. The price of the stock has increased by 4.04% since.
• President and CEO William F Ruprecht sold 2,000 shares of BID stock on 01/10/2013 at the average price of 35. William F Ruprecht owns at least 129,437 shares after this. The price of the stock has increased by 2.94% since.
• President and CEO William F Ruprecht sold 6,000 shares of BID stock on 12/14/2012 at the average price of 32.59. William F Ruprecht owns at least 131,437 shares after this. The price of the stock has increased by 10.56% since.
• President and CEO William F Ruprecht sold 6,000 shares of BID stock on 11/15/2012 at the average price of 28.13. William F Ruprecht owns at least 137,437 shares after this. The price of the stock has increased by 28.08% since.

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

Directors and Officers Recent Trades:

• Managing Director, Americas Holder Maarten Ten sold 3,000 shares of BID stock on 11/26/2012 at the average price of 29.55. Holder Maarten Ten owns at least 18,545 shares after this. The price of the stock has increased by 21.93% since.
• Managing Director, Americas Holder Maarten Ten sold 2,000 shares of BID stock on 08/28/2012 at the average price of 31.78. Holder Maarten Ten owns at least 21,545 shares after this. The price of the stock has increased by 13.37% since.
• EVP & COO Bruno Vinciguerra sold 11,250 shares of BID stock on 08/20/2012 at the average price of 32.24. Bruno Vinciguerra owns at least 32,283 shares after this. The price of the stock has increased by 11.76% since.

For the complete insider trading history of BID, 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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