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DTE Energy Company (DTE) Chairman and CEO Anthony F Jr Earley sells 55,000 Shares

March 05, 2010 | About:
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Chairman and CEO of DTE Energy Company (DTE) Anthony F Jr Earley sells 55,000 shares of DTE on 03/03/2010 at an average price of $44.74 a share.

Dte Energy Company has a market cap of $7.37 billion; its shares were traded at around $44.7 with a P/E ratio of 13.4 and P/S ratio of 0.9. The dividend yield of Dte Energy Company stocks is 4.8%. Dte Energy Company had an annual average earning growth of 7.5% over the past 5 years.

DTE is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Jeremy Grantham of GMO LLC, Steven Cohen of SAC Capital Advisors, Kenneth Fisher of Fisher Asset Management, LLC, George Soros of Soros Fund Management LLC.


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




Directors and Officers Recent Trades:


  • Sell:: V.P., Controller & Inv. Rels. Peter B Oleksiak sold 500 shares of DTE stock on 03/01/2010 at the average price of 44.09, the price of the stock has increased by 1.38% since.

  • Sell:: Corp. Sec/Chief of Staff Sandra Kay Ennis sold 4,000 shares of DTE stock on 11/25/2009 at the average price of 40.57, the price of the stock has increased by 10.18% 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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