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Campbell Soup Company (CPB) President and CEO Douglas R Conant sells 333,000 Shares

May 05, 2010 | About:
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President and CEO of Campbell Soup Company (CPB) Douglas R Conant sells 333,000 shares of CPB on 05/04/2010 at an average price of $35.74 a share.

Campbell Soup Company has a market cap of $12.13 billion; its shares were traded at around $35.64 with a P/E ratio of 14.9 and P/S ratio of 1.6. The dividend yield of Campbell Soup Company stocks is 3.1%. Campbell Soup Company had an annual average earning growth of 1.2% over the past 10 years.

CPB is in the portfolios of Mark Hillman of Hillman Capital Management, Tom Gayner of Markel Gayner Asset Management Corp, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC, Manning & Napier Advisors, Inc, Chuck Royce of Royce& Associates.

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


CEO Recent Trades:


  • Sell:: President and CEO Douglas R Conant sold 333,000 shares of CPB stock on 04/13/2010 at the average price of 35.48, the price of the stock has increased by 0.45% since.



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




Directors and Officers Recent Trades:


  • Buy:: Director Lawrence C Karlson bought 1,000 shares of CPB stock on 02/24/2010 at the average price of 33.29, the price of the stock has increased by 7.06% since.

  • Buy:: Senior Vice President B Craig Owens bought 10,000 shares of CPB stock on 11/24/2009 at the average price of 35.44, the price of the stock has increased by 0.56% since.

  • Sell:: Senior Vice President Larry S Mcwilliams sold 51,750 shares of CPB stock on 12/09/2009 at the average price of 34.95, the price of the stock has increased by 1.97% since.

  • Sell:: Vice President Patrick Callaghan sold 20,600 shares of CPB stock on 12/03/2009 at the average price of 35.5, the price of the stock has increased by 0.39% 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: 3.0/5 (2 votes)

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