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RentACenter Inc. (RCII) President and COO Mitchell E Fadel sells 37,282 Shares

May 13, 2010 | About:
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insider

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President and COO of RentACenter Inc. (RCII) Mitchell E Fadel sells 37,282 shares of RCII on 05/12/2010 at an average price of $26 a share.

Rentacenter Inc. has a market cap of $1.71 billion; its shares were traded at around $25.97 with a P/E ratio of 10.1 and P/S ratio of 0.6. Rentacenter Inc. had an annual average earning growth of 0.7% over the past 10 years. GuruFocus rated Rentacenter Inc. the business predictability rank of 2.5-star.

RCII is in the portfolios of HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, Richard Pzena of Pzena Investment Management LLC, Paul Tudor Jones of The Tudor Group, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, Jeremy Grantham of GMO LLC, Charles Brandes of Brandes Investment.


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




Directors and Officers Recent Trades:


  • Sell:: Director J V Lentell sold 7,500 shares of RCII stock on 04/29/2010 at the average price of 27.43, the price of the stock has decreased by 5.32% since.

  • Sell:: President and COO Mitchell E Fadel sold 162,299 shares of RCII stock on 04/29/2010 at the average price of 27.49, the price of the stock has decreased by 5.53% 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


Rating: 3.0/5 (2 votes)

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