The Kroger Co. (NYSE:KR), saw four insiders sell stock in the company totaling out at over 19,000 combined shares. Chairman of the Board David B. Dillon disposed of 13,311 shares of common stock at an average price of $48.82 per share, now holding 87,798.9373 shares directly and 307,392 indirectly; Senior Vice President Michael J. Schlotman sold 2,013 shares of stock at an average of $48.82 per share, and now has 169,560.9412 shares directly invested in the company; Senior Vice President Kathleen S. Barclay dumped 2,853 shares, also at an average of $48.82 per share, and now has a total of 58,960 shares directly; and another Senior Vice President, Geoffrey J. Covert, lessoned his exposure by 1,108 shares, as well at an average of $48.42 per share, and now directly holds 84,541.6101 shares in the company.
The Kroger Co. (NYSE:KR), is a $24.08 billion market cap corporation, is a retailer in the United States that manufactures and processes some of the food for sale in its supermarkets. As of January 28, 2012, the Company operated, either directly or through its subsidiaries, 2,435 supermarkets and multi-department stores, 1,090 of which had fuel centers.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.