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Jones Apparel Group Inc. (JNY) CEO-Footwear, Accss & Retail Andrew M Cohen sells 10,000 Shares

March 03, 2010 | About:
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insider

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CEO-Footwear, Accss & Retail of Jones Apparel Group Inc. (JNY) Andrew M Cohen sells 10,000 shares of JNY on 03/01/2010 at an average price of $17.15 a share.

Jones Apparel Group Inc. has a market cap of $1.5 billion; its shares were traded at around $17.55 with a P/E ratio of 15.4 and P/S ratio of 0.4. The dividend yield of Jones Apparel Group Inc. stocks is 1.2%. Jones Apparel Group Inc. had an annual average earning growth of 0.7% over the past 10 years.

JNY is in the portfolios of HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Richard Pzena of Pzena Investment Management LLC, Chuck Royce of ROYCE & ASSOCIATES, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

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


CEO Recent Trades:


  • Sell:: CEO-Footwear, Accss & Retail Andrew M Cohen sold 8,420 shares of JNY stock on 02/12/2010 at the average price of 14.9, the price of the stock has increased by 17.79% since.

  • Sell:: CEO Wesley R Card sold 100,857 shares of JNY stock on 02/12/2010 at the average price of 15.55, the price of the stock has increased by 12.86% since.

  • Sell:: CEO-Footwear, Accss & Retail Andrew M Cohen sold 10,000 shares of JNY stock on 10/30/2009 at the average price of 17.95, the price of the stock has decreased by 2.23% since.

  • Sell:: CEO-Footwear, Accss & Retail Andrew M Cohen sold 10,000 shares of JNY stock on 09/11/2009 at the average price of 17.33, the price of the stock has increased by 1.27% since.


CFO Recent Trades:


  • Sell:: CFO John Mcclain sold 21,875 shares of JNY stock on 02/22/2010 at the average price of 17, the price of the stock has increased by 3.24% since.



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




Directors and Officers Recent Trades:


  • Sell:: Exec. VP, GC and Secretary Ira M Dansky sold 18,813 shares of JNY stock on 02/12/2010 at the average price of 14.9, the price of the stock has increased by 17.79% since.


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


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