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Dialysis Discussion => Dialysis: News Articles => Topic started by: okarol on November 11, 2009, 08:19:58 AM

Title: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shar
Post by: okarol on November 11, 2009, 08:19:58 AM
Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shares

Nov. 10, 2009 | Filed Under: DVA

Chairman & Chief Exec. Officer of Davita Inc. (DVA) Kent J Thiry sells 600,000 shares of DVA on 11/09/2009 at an average price of $57.94 a share.

DaVita Inc. is one of the largest providers of high-quality dialysis and related services for patients suffering from chronic kidney failure, also known as end stage renal disease. The company provides dialysis and ancillary services through a network of outpatient dialysis facilities. Davita Inc. has a market cap of $6.11 billion; its shares were traded at around $58.74 with a P/E ratio of 14.9 and P/S ratio of 1.1. Davita Inc. had an annual average earning growth of 24.1% over the past 10 years. GuruFocus rated Davita Inc. the business predictability rank of 5-star.

DVA is in the portfolios of Lee Ainslie of Maverick Capital, Andreas Halvorsen of Viking Global Investors LP, Edward Owens of Vanguard Health Care Fund.

Insiders' Positions with DVA


    * Sell:: Vice President and Controller James K Hilger sold 5,000 shares of DVA stock on 09/16/2009 at the average price of 56.12, the price of the stock has increased by 4.67% since

    * Sell:: Senior Vice President Javier Rodriguez sold 20,000 shares of DVA stock on 09/08/2009 at the average price of 53.45, the price of the stock has increased by 9.9% since

    * Sell:: Chairman & Chief Exec. Officer Kent J Thiry sold 49,000 shares of DVA stock on 08/20/2009 at the average price of 51.59, the price of the stock has increased by 13.86% since

    * Sell:: Senior Vice President Thomas O Usilton sold 1,616 shares of DVA stock on 08/17/2009 at the average price of 51.68, the price of the stock has increased by 13.66% since

    * Sell:: Senior Vice President Thomas O Usilton sold 12,700 shares of DVA stock on 08/07/2009 at the average price of 51.94, the price of the stock has increased by 13.09% since

http://www.gurufocus.com/news.php?id=75350
Title: Re: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shar
Post by: nursewratchet on November 11, 2009, 11:26:21 AM
My entire retirement fund is in Davita Stock.  I was putting some into it, and my retirement advisor (whatever he is called) said to put it all in there, as it was a good return.  When everyone else lost money last year with the crash, mine grew in value.  Davita will always make money.  It didn't before Kent Thiry, however, the company was almost bankrupt, couldn't pay the staff.  He offered some of the staff to stay and get paid in stocks, which at that time were almost useless. 
Title: Re: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shar
Post by: BigSky on November 11, 2009, 12:58:50 PM
My entire retirement fund is in Davita Stock.  I was putting some into it, and my retirement advisor (whatever he is called) said to put it all in there, as it was a good return.  When everyone else lost money last year with the crash, mine grew in value.  Davita will always make money.

Someone said that about ENRON once also.   ;D
Title: Re: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shar
Post by: okarol on November 11, 2009, 07:20:31 PM
Remarkable to hear that Thiry cashed in $5.5 Million of stock in the last 90 days. Tidy sum.
Nurse, never put all your eggs in one basket. Your retirement advisor needs a lesson in basic economics.
Title: Re: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000 Shar
Post by: nursewratchet on November 13, 2009, 07:24:26 AM
Thats what my husband says.  Rethinking...
Title: Re: Davita Inc. (DVA) Chairman & Chief Exec. Officer Kent J Thiry sells 600,000
Post by: monrein on November 13, 2009, 01:08:05 PM
I agree with Karol on this one.  Diversification is crucial and in fact if any one sector (let alone an individual stock) of your portfolio performs so well that it occupies too high a percentage of the total you ought to sell off some and reinvest elsewhere to maintain a reasonable overall balance.