Waddell & Reed Financial Inc. (WDR) CEO Henry J Herrmann sells 77,732 Shares

CEO of Waddell & Reed Financial Inc. (WDR, Financial) Henry J Herrmann sells 77,732 shares of WDR on 11/03/2009 at an average price of $28.59 a share.

Waddell & Reed is the exclusive underwriter and distributor of 41 mutual fund portfolios including 18 comprising Waddell & Reed Advisors Funds (formerly the United Group of Mutual Funds) and 12 comprising W&R Funds (formerly Waddell & Reed Funds Inc.). The remaining 11 portfolios comprise the W&R Target Funds which serve as the underlying investment portfolios for variable annuities and variable life insurance products underwritten by United Investors Life Insurance Company and distributed by Waddell & Reed. Waddell & Reed Financial Inc. has a market cap of $2.45 billion; its shares were traded at around $28.5 with a P/E ratio of 26.4 and P/S ratio of 2.7. The dividend yield of Waddell & Reed Financial Inc. stocks is 2.7%. Waddell & Reed Financial Inc. had an annual average earning growth of 12.1% over the past 5 years.

WDR is in the portfolios of John Keeley of Keeley Fund Management, David Dreman of Dreman Value Management, Kenneth Fisher of Fisher Asset Management, LLC, Kenneth Fisher of Fisher Asset Management, LLC.

Insiders' Positions with WDR

  • Sell:: CEO Henry J Herrmann sold 13,706 shares of WDR stock on 05/29/2009 at the average price of 24.24, the price of the stock has increased by 17.57% since

  • Sell:: CEO Henry J Herrmann sold 39,156 shares of WDR stock on 05/29/2009 at the average price of 24.14, the price of the stock has increased by 18.06% since

  • Sell:: CEO Henry J Herrmann sold 2,100 shares of WDR stock on 05/27/2009 at the average price of 24.63, the price of the stock has increased by 15.71% since

  • Sell:: CEO Henry J Herrmann sold 36,205 shares of WDR stock on 05/27/2009 at the average price of 24.38, the price of the stock has increased by 16.9% since

  • Sell:: CEO Henry J Herrmann sold 59,879 shares of WDR stock on 05/27/2009 at the average price of 24.18, the price of the stock has increased by 17.87% since



Insiders' Positions with WDR

  • Buy:: SVP and CFO Daniel P Connealy bought 30 shares of WDR stock on 05/29/2009 at the average price of 24.19, the price of the stock has increased by 17.82% since



Insiders' Positions with WDR

  • Sell:: Director William L Rogers sold 1,929 shares of WDR stock on 08/05/2009 at the average price of 28.1, the price of the stock has increased by 1.42% since

  • Sell:: SVP & CAO - Investments John E Jr Sundeen sold 10,000 shares of WDR stock on 07/31/2009 at the average price of 28.19, the price of the stock has increased by 1.1% since

  • Sell:: SVP & Chief Marketing Officer Thomas W Butch sold 25,000 shares of WDR stock on 06/10/2009 at the average price of 27.07, the price of the stock has increased by 5.28% since

  • Sell:: SVP & CAO - Investments John E Jr Sundeen sold 10,000 shares of WDR stock on 06/08/2009 at the average price of 27, the price of the stock has increased by 5.56% since

  • Sell:: SVP & General Counsel Daniel C Schulte sold 5,000 shares of WDR stock on 05/26/2009 at the average price of 24.66, the price of the stock has increased by 15.57% since