Why insider trading matters?
When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.
Sysco Corporation, through its subsidiaries, markets and distributes a range of food and related products primarily to the foodservice or food-away-from-home industry in the United States, Canada, the United Kingdom, France, and internationally. It operates through three segments: U.S. Foodservice Operations, International Foodservice Operations, and SYGMA. The company distributes a line of frozen foods, such as meats, seafood, fully prepared entrees, fruits, vegetables, and desserts; a line of canned and dry foods; fresh meats and seafood; dairy products; beverage products; imported specialties; and fresh produce. As of June 29, 2019, it operated 325 distribution facilities.
| Trade Date | Insider | Title | Buy/Sell | #Shares | Price | Value | Option |
|---|---|---|---|---|---|---|---|
| 2013-02-06 | ELMER G MITCHELL | SVP; Controller; CAO | Sell | 3,909 | $31.30 | $122,363 | No |
| 2012-12-06 | Hope James D | EVP, Business Transformation | Sell | 17,699 | $31.69 | $560,872 | Yes |
| 2012-08-16 | ELMER G MITCHELL | SVP; Controller; CAO | Sell | 31,599 | $29.93 | $945,790 | Yes |
| 2012-03-05 | GREEN MICHAEL W | EVP and Group President | Sell | 25,000 | $29.50 | $737,500 | No |
| 2011-12-16 | CASSADAY JOHN M | Director | Sell | 4,079 | $28.93 | $118,005 | No |
| 2011-09-15 | Newcomb Nancy | Director | Sell | 12,500 | $27.98 | $349,705 | No |
| 2011-09-15 | Newcomb Nancy | Director | Sell | 12,500 | $27.98 | $349,705 | No |
| 2011-09-19 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 2,000 | $27.04 | $54,082 | No |
| 2011-02-09 | CASSADAY JOHN M | Director | Sell | 10,792 | $27.97 | $301,852 | No |
| 2010-12-03 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 5,000 | $28.98 | $144,900 | No |
| 2010-11-30 | ELMER G MITCHELL | SVP; Controller; CAO | Sell | 16,893 | $29.00 | $489,965 | Yes |
| 2010-09-21 | NICHOLS MICHAEL C | Sr. VP, Gen Counsel and Sec | Sell | 5,000 | $29.49 | $147,450 | No |
| 2010-09-17 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 8,000 | $29.29 | $234,320 | Yes |
| 2010-09-17 | GOLDEN JONATHAN | Director | Sell | 8,000 | $29.20 | $233,600 | Yes |
| 2010-09-01 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 3,046 | $28.05 | $85,440 | No |
| 2010-06-18 | WARD JACKIE M | Director | Sell | 24,946 | $31.12 | $776,320 | No |
| 2010-06-15 | CRAVEN JUDITH B | Director | Sell | 16,000 | $30.81 | $492,960 | Yes |
| 2010-05-18 | Drummond Kirk G | Sr. VP, Finance & Treasurer | Sell | 6,500 | $30.89 | $200,795 | No |
| 2010-05-06 | NICHOLS MICHAEL C | Sr. VP, Gen Counsel and Sec | Sell | 2,750 | $30.27 | $83,242 | No |
| 2010-03-11 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 4,039 | $28.53 | $115,246 | No |
| 2010-03-11 | CASSADAY JOHN M | Director | Sell | 9,000 | $28.53 | $256,775 | No |
| 2010-02-12 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 1,930 | $27.35 | $52,786 | No |
| 2010-02-10 | Drummond Kirk G | Sr. VP, Finance & Treasurer | Sell | 14,253 | $27.21 | $387,867 | No |
| 2010-02-03 | ELMER G MITCHELL | SVP; Controller; CAO | Sell | 1,753 | $28.05 | $49,172 | No |
| 2009-09-14 | Newcomb Nancy | Director | Sell | 4,000 | $25.90 | $103,604 | No |
| 2009-09-14 | NICHOLS MICHAEL C | Sr. VP, Gen Counsel and Sec | Sell | 1,700 | $25.85 | $43,948 | No |
| 2009-09-14 | GREEN MICHAEL W | EVP - Foodservice Operations | Sell | 22,000 | $26.00 | $572,000 | No |
| 2009-09-14 | SEWELL PHYLLIS SHAPIRO | Director | Sell | 4,744 | $25.83 | $122,538 | Yes |
| 2009-08-28 | GOLDEN JONATHAN | Director | Sell | 1,842 | $25.50 | $46,971 | Yes |
Insider Smart
Insider Smart