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Manitowoc Co Inc (MTW) SVP and CFO Carl J Laurino sells 6,300 Shares

February 12, 2013 | About: MTW +0%
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SVP and CFO of Manitowoc Co Inc (MTW) Carl J Laurino sells 6,300 shares of MTW on 02/11/2013 at an average price of $18.61 a share.

Manitowoc Co Inc has a market cap of $2.52 billion; its shares were traded at around $19.02 with a P/E ratio of 29.5 and P/S ratio of 0.6. The dividend yield of Manitowoc Co Inc stocks is 0.4%.

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


CEO Recent Trades:


  • President and CEO Glen E Tellock sold 34,400 shares of MTW stock on 10/10/2012 at the average price of 13.4. Glen E Tellock owns at least 347,437 shares after this. The price of the stock has increased by 41.94% since.

CFO Recent Trades:


  • SVP and CFO Carl J Laurino sold 6,300 shares of MTW stock on 02/11/2013 at the average price of 18.61. Carl J Laurino owns at least 69,046 shares after this. The price of the stock has increased by 2.2% since.

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




Directors and Officers Recent Trades:


  • VP Finance & Treasurer Dean J Nolden sold 3,300 shares of MTW stock on 02/11/2013 at the average price of 18.61. Dean J Nolden owns at least 21,938 shares after this. The price of the stock has increased by 2.2% since.


For the complete insider trading history of MTW, 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: 1.0/5 (1 vote)

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