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CSX Corp. (CSX) Executive VP & COO Tony L Ingram sells 25,000 Shares

November 16, 2009 | About:
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Executive VP & COO of CSX Corp. (CSX) Tony L Ingram sells 25,000 shares of CSX on 11/13/2009 at an average price of $49 a share.

CSX Corporation's unique combination of rail, container-shipping, intermodal and logistics services provides global reach that's second to none. The company's goal, advanced at each of its business units, is to provide efficient, competitive transportation and related services for customers. Csx Corp. has a market cap of $19.2 billion; its shares were traded at around $48.95 with a P/E ratio of 16.43 and P/S ratio of 1.71. The dividend yield of Csx Corp. stocks is 1.8%. Csx Corp. had an annual average earning growth of 12.8% over the past 10 years.

CSX is in the portfolios of Andreas Halvorsen of Viking Global Investors LP, Bill Gates of Bill & Melinda Gates Foundation Trust, George Soros of Soros Fund Management LLC, Chuck Akre of Akre Capital Management, LLC, Kenneth Fisher of Fisher Asset Management, LLC, David Dreman of Dreman Value Management, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC.

Insiders' Positions with CSX


  • Sell:: Chairman, President & CEO Michael J Ward sold 200,000 shares of CSX stock on 11/06/2009 at the average price of 47.5, the price of the stock has increased by 3.05% since


Insiders' Positions with CSX


  • Sell:: Executive VP & CFO Oscar Munoz sold 75,000 shares of CSX stock on 11/06/2009 at the average price of 48.01, the price of the stock has increased by 1.96% since


Insiders' Positions with CSX


  • Sell:: Executive VP & COO Tony L Ingram sold 25,000 shares of CSX stock on 11/06/2009 at the average price of 48, the price of the stock has increased by 1.98% since

  • Sell:: EVP and CCO Clarence W Gooden sold 35,000 shares of CSX stock on 10/27/2009 at the average price of 42.51, the price of the stock has increased by 15.15% since

  • Sell:: EVP and CCO Clarence W Gooden sold 20,000 shares of CSX stock on 10/21/2009 at the average price of 47, the price of the stock has increased by 4.15% since

  • Sell:: EVP and CCO Clarence W Gooden sold 20,000 shares of CSX stock on 10/19/2009 at the average price of 47, the price of the stock has increased by 4.15% since

  • Sell:: Senior Vice President - Law Ellen M Fitzsimmons sold 21,000 shares of CSX stock on 10/16/2009 at the average price of 46.21, the price of the stock has increased by 5.93% since


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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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