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NII Holdings Inc (NIHD) Executive Chairman Steven M Shindler sells 37,908 Shares

May 05, 2010 | About:
insider

insider

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Executive Chairman of NII Holdings Inc (NIHD) Steven M Shindler sells 37,908 shares of NIHD on 05/03/2010 at an average price of $42.39 a share.

Nii Holdings Inc has a market cap of $6.71 billion; its shares were traded at around $40.22 with a P/E ratio of 19.1 and P/S ratio of 1.5. Nii Holdings Inc had an annual average earning growth of 25.9% over the past 5 years.

NIHD is in the portfolios of Ron Baron of Baron Funds, Paul Tudor Jones of The Tudor Group, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, Jeremy Grantham of GMO LLC, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.


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




Directors and Officers Recent Trades:


  • Sell:: Director Charles M Herington sold 24,910 shares of NIHD stock on 03/11/2010 at the average price of 40.25, the price of the stock has decreased by 0.07% since.

  • Sell:: Vice President Human Resources Alfonso Martinez sold 5,000 shares of NIHD stock on 03/05/2010 at the average price of 39.29, the price of the stock has increased by 2.37% since.

  • Sell:: President, Nextel Argentina Ruben Butvilofsky sold 15,000 shares of NIHD stock on 12/21/2009 at the average price of 34.5, the price of the stock has increased by 16.58% since.

  • Sell:: President Nextel Mexico Peter A Foyo sold 30,424 shares of NIHD stock on 12/18/2009 at the average price of 33.78, the price of the stock has increased by 19.06% since.

  • Sell:: President Nextel Mexico Peter A Foyo sold 33,631 shares of NIHD stock on 12/18/2009 at the average price of 33.63, the price of the stock has increased by 19.6% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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