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ScanSource Inc. (SCSC) CEO Michael L Baur sells 10,000 Shares

April 09, 2010 | About:
insider

insider

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CEO of ScanSource Inc. (SCSC) Michael L Baur sells 10,000 shares of SCSC on 04/09/2010 at an average price of $27.5 a share.

Scansource Inc. has a market cap of $731.7 million; its shares were traded at around $27.51 with a P/E ratio of 16.5 and P/S ratio of 0.4. Scansource Inc. had an annual average earning growth of 13.7% over the past 10 years. GuruFocus rated Scansource Inc. the business predictability rank of 3-star.

SCSC is in the portfolios of First Pacific Advisors of First Pacific Advisors, LLC, Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Sell:: CEO Michael L Baur sold 8,000 shares of SCSC stock on 03/22/2010 at the average price of 30.01, the price of the stock has decreased by 8.33% since.

  • Sell:: President and CEO Michael L Baur sold 2,000 shares of SCSC stock on 01/29/2010 at the average price of 30.03, the price of the stock has decreased by 8.39% since.

  • Sell:: President and CEO Michael L Baur sold 10,000 shares of SCSC stock on 01/15/2010 at the average price of 29.34, the price of the stock has decreased by 6.24% since.



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




Directors and Officers Recent Trades:


  • Sell:: VP, Gen Counsel &Corporate Sec John J. Ellsworth sold 1,000 shares of SCSC stock on 03/17/2010 at the average price of 29.4, the price of the stock has decreased by 6.43% 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


Rating: 4.3/5 (6 votes)

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