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Brunswick Corp. (BC) SR VP & CFO Peter B Hamilton sells 45,000 Shares

May 04, 2010 | About:
insider

insider

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SR VP & CFO of Brunswick Corp. (BC) Peter B Hamilton sells 45,000 shares of BC on 04/30/2010 at an average price of $22.65 a share.

Brunswick Corp. has a market cap of $1.94 billion; its shares were traded at around $21.9 with and P/S ratio of 0.7. The dividend yield of Brunswick Corp. stocks is 0.2%.

BC is in the portfolios of Arnold Schneider of Schneider Capital Management, David Tepper of APPALOOSA MANAGEMENT LP, Kenneth Fisher of Fisher Asset Management, LLC, Jim Simons of Renaissance Technologies LLC, Charles Brandes of Brandes Investment.


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




Directors and Officers Recent Trades:


  • Sell:: Director Manuel A Fernandez sold 50,000 shares of BC stock on 03/12/2010 at the average price of 16.02, the price of the stock has increased by 36.7% since.

  • Sell:: VP & PRES MERCURY MARINE SALES Kevin Grodzki sold 2,000 shares of BC stock on 03/10/2010 at the average price of 15, the price of the stock has increased by 46% since.

  • Sell:: VP & PRES MERCURY MARINE SALES Kevin Grodzki sold 2,000 shares of BC stock on 03/09/2010 at the average price of 14, the price of the stock has increased by 56.43% since.

  • Sell:: VP & PRES - LIFE FITNESS John Stransky sold 3,746 shares of BC stock on 02/10/2010 at the average price of 10.96, the price of the stock has increased by 99.82% since.

  • Sell:: VP & PRES MERCURY MARINE SALES Kevin Grodzki sold 1,000 shares of BC stock on 12/31/2009 at the average price of 13, the price of the stock has increased by 68.46% 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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