CH Robinson Worldwide: Exec Insiders and Institutions Selling Shares in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of CH Robinson Worldwide Inc. (NASDAQ:CHRW).

SEC data indicate these insiders have sold CH Robinson Worldwide Inc.’s stock since 06/30/2011:

  • Satterlee Scott: act as Senior Vice President. On 08/30/2011, sold 5,000 shares, worth $356,700.
  • Butts James: act as Senior Vice President. On 11/09/2011, sold 4,781 shares, worth $323,900.

SEC data indicate that these institutions significantly reduced their stock shares of CH Robinson Worldwide Inc. in Q3 2011:

  • DSM CAPITAL PARTNERS LLC: On 06/30/2011, held 1,070,226 shares, worth $84,034,146. On 09/30/2011, held 0 shares.
  • CONATUS CAPITAL MANAGEMENT LP: On 06/30/2011, held 871,443 shares, worth $68,425,704. On 09/30/2011, held 0 shares.
  • WADDELL & REED FINANCIAL INC: On 06/30/2011, held 270,808 shares, worth $21,263,844. On 09/30/2011, held 0 shares.
  • PLURAL INVESTMENTS LLC: On 06/30/2011, held 195,438 shares, worth $15,345,792. On 09/30/2011, held 0 shares.
  • MARSHALL & ILSLEY CORP: On 06/30/2011, held 191,159 shares, worth $15,009,805. On 09/30/2011, held 0 shares.

About the company: C.H. Robinson Worldwide, Inc. provides multimodal transportation services and logistics solutions. The Company operates a network of offices in North America, Europe, Asia, South America, and the Middle East. C.H. Robinson provides a variety of logistics services, such as fresh produce sourcing and freight consolidation.

Competitors to Watch: UTi Worldwide Inc. (NASDAQ:UTIW), Expeditors Intl. of Washington (NASDAQ:EXPD), Pacer International, Inc. (NASDAQ:PACR), Hub Group, Inc. (NASDAQ:HUBG), Roadrunner Transportation Services Hold. (NYSE:RRTS), Echo Global Logistics, Inc. (NASDAQ:ECHO), Vitran Corp., Inc. (NASDAQ:VTNC), FedEx (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS), and J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT).

(Note: Data regarding CH Robinson Worldwide Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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