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BonTon Stores Inc. (BONT) Chairman, 10% Owner M Thomas Grumbacher sells 87,966 Shares

April 13, 2010 | About:
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insider

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Chairman, 10% Owner of BonTon Stores Inc. (BONT) M Thomas Grumbacher sells 87,966 shares of BONT on 04/09/2010 at an average price of $15.33 a share.

Bonton Stores Inc. has a market cap of $291.1 million; its shares were traded at around $15.69 with and P/S ratio of 0.1. Bonton Stores Inc. had an annual average earning growth of 21.1% over the past 10 years. GuruFocus rated Bonton Stores Inc. the business predictability rank of 2-star.

BONT is in the portfolios of Jim Simons of Renaissance Technologies LLC.


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




Directors and Officers Recent Trades:


  • Sell:: Director Michael L Gleim sold 25,000 shares of BONT stock on 04/09/2010 at the average price of 15.07, the price of the stock has increased by 4.11% since.

  • Sell:: Chairman, 10% Owner M Thomas Grumbacher sold 150,991 shares of BONT stock on 04/08/2010 at the average price of 14.72, the price of the stock has increased by 6.59% since.

  • Sell:: Vice Chairman, President-Merch Anthony J Buccina sold 25,000 shares of BONT stock on 04/06/2010 at the average price of 14.05, the price of the stock has increased by 11.67% since.

  • Sell:: Chairman, 10% Owner M Thomas Grumbacher sold 80,600 shares of BONT stock on 04/06/2010 at the average price of 14, the price of the stock has increased by 12.07% since.

  • Sell:: Director Michael L Gleim sold 25,000 shares of BONT stock on 11/25/2009 at the average price of 14.02, the price of the stock has increased by 11.91% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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: 3.0/5 (6 votes)

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