DeVry: Exec Insiders and Funds Selling Shares in Third Quarter

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 DeVry, Inc. (NYSE:DV).

SEC data indicate these insiders have sold DeVry, Inc.’s stock since 06/30/2011:

  • Gunst Richard: act as CFO(Click HERE for the list of stocks that their CFOs have bought). On 07/19/2011, sold 9,316 shares, worth $596,200.
  • Gunst Richard: act as CFO(Click HERE for the list of stocks that their CFOs have bought). On 07/25/2011, sold 7,000 shares, worth $456,100.
  • Gunst Richard: act as CFO(Click HERE for the list of stocks that their CFOs have bought). On 07/25/2011, sold 7,000 shares, worth $456,100.
  • Parrott Sharon Thomas: act as SVP, Gov. & Regulatory Affairs. On 11/04/2011, sold 10,000 shares, worth $380,000.
  • Gunst Richard: act as CFO(Click HERE for the list of stocks that their CFOs have bought). On 08/01/2011, sold 6,000 shares, worth $374,600.

SEC data indicate that these institutions significantly reduced their stock shares of DeVry, Inc. in Q3 2011:

  • MANNING & NAPIER ADVISORS LLC: On 06/30/2011, held 827,419 shares, worth $48,925,285. On 09/30/2011, held 0 shares.
  • COLUMBUS CIRCLE INVESTORS: On 06/30/2011, held 647,540 shares, worth $38,289,040. On 09/30/2011, held 0 shares.
  • TIMESSQUARE CAPITAL MANAGEMENT, LLC: On 06/30/2011, held 334,800 shares, worth $19,796,724. On 09/30/2011, held 0 shares.
  • RENAISSANCE TECHNOLOGIES LLC: On 06/30/2011, held 277,900 shares, worth $16,432,227. On 09/30/2011, held 0 shares.
  • CLOVIS CAPITAL MANAGEMENT LP: On 06/30/2011, held 250,000 shares, worth $14,782,500. On 09/30/2011, held 0 shares.

About the company: DeVry, Inc. owns and manages higher education systems throughout North America. The Institutions offers various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology; healthcare technology; business and management, as well as online secondary education to school districts and medical education.

Competitors to Watch: Apollo Group, Inc. (NASDAQ:APOL), Career Education Corp. (NASDAQ:CECO), American Public Education, Inc. (NASDAQ:APEI), National American Univ. Hldgs., Inc. (NASDAQ:NAUH), Corinthian Colleges, Inc. (NASDAQ:COCO), Grand Canyon Education Inc (NASDAQ:LOPE), Bridgepoint Education, Inc. (NYSE:BPI), Education Management Corp (NASDAQ:EDMC), Strayer Education, Inc. (NASDAQ:STRA), and The Washington Post Co. (NYSE:WPO).

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

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