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SchweitzerMauduit International Inc. (SWM) Treas, CFO & Strat Plan Off. Peter J Thompson sells 9,320 Shares

September 11, 2009 | About:
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Treas, CFO & Strat Plan Off. of SchweitzerMauduit International Inc. (SWM) Peter J Thompson sells 9,320 shares of SWM on 09/10/2009 at an average price of $53 a share.

Schweitzer-Mauduit International Inc. is a diversified producer of premium specialty papers and the world's largest supplier of fine papers to the tobacco industry. Schweitzermauduit International Inc. has a market cap of $836.2 million; its shares were traded at around $54.58 with a P/E ratio of 22.2 and P/S ratio of 1.1. The dividend yield of Schweitzermauduit International Inc. stocks is 1.1%.

SWM is in the portfolios of Richard Pzena of Pzena Investment Management LLC.

Recent Trades of SchweitzerMauduit International Inc. by CFO:

  • Sell: Treas, CFO & Strat Plan Off. Peter J Thompson sold 6,335 shares of SWM stock on 08/31/2009 at the average price of $50; the price of the stock has increased by 9.16% since.

  • Sell: Treas, CFO & Strat Plan Off. Peter J Thompson sold 14,144 more shares of SWM stock on 08/10/2009 at the average price of $47.88; the price of the stock has increased by 13.99% since.

  • Sell: CFO and Treasurer Peter J Thompson sold 1,000 more shares of SWM stock on 06/16/2009 at the average price of $26.17; the price of the stock has increased by 108.56% since.

  • Sell: CFO and Treasurer Peter J Thompson sold 1,000 more shares of SWM stock on 06/12/2009 at the average price of $25; the price of the stock has increased by 118.32% since.


Recent Trades of SchweitzerMauduit International Inc. by Directors and Officers:

  • Sell: Secretary and General Counsel John W Jr Rumely sold 8,123 shares of SWM stock on 08/31/2009 at the average price of $49.58; the price of the stock has increased by 10.08% since.

  • Sell: Secretary and General Counsel John W Jr Rumely sold 8,073 more shares of SWM stock on 08/11/2009 at the average price of $46.7; the price of the stock has increased by 16.87% since.

  • Sell: Controller Mark A Spears sold 2,500 shares of SWM stock on 08/07/2009 at the average price of $43.19; the price of the stock has increased by 26.37% since.

  • Sell: Director K C Caldabaugh sold 8,483 shares of SWM stock on 08/06/2009 at the average price of $40.47; the price of the stock has increased by 34.87% since.


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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


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