Gurufocus.com dwells on the details of insider stock sales. March was a good month for Sotheby’s and many insiders were quick to capitalize on the opportunity:
Director Robert S Taubman sold 254,809 shares of BID stock on 03/10/2010 at the average price of 30.55, the price of the stock has increased by 7.63% since.
President and CEO of Sotheby’s William F Ruprecht sells 4,000 shares of BID on 05/17/2010 at an average price of $33.76 a share; 700 shares on 04/26/2010 at the average price of 39; 2,500 shares on 04/20/2010 at the average price of 38; 9,000 shares on 04/19/2010 at the average price of 36.69; sold 15,000 shares on 03/16/2010 at the average price of 29.36