Graduates of Top US Schools sell nearly $5 billion in Stock
|February 23rd, 2011||
|Insiders that graduated from top US colleges and universities sold nearly $5 billion in stock over December of 2010 and January 2011, according to a recently report by Donor Watch.|
Topping the list were Stanford University and Harvard College, both of which had total alumni selling activity that was greater than $250 million in stock. Stanford University’s alumni stock sales were led by Jeff A Jacobson of Jones Lang Lasalle Inc (JLL) and Doris Fisher, an honorary director of Gap Inc (GPS), while Harvard College’s selling was led by David Dominik of Express Inc (EXPR) and Richard G Wolford of Del Monte Foods Co (DLM). Del Monte Foods was bought out late last year by private equity firm Kohlberg Kravis Roberts & Co, leaving the food company’s management team with some fatter wallets.
Third on the list is University of Pennsylvania with over $200 million in selling. UPENN’s alumni selling was led by casino magnate Steve Wynn of Wynn Resorts Ltd (WYNN), Safra Catz of Oracle Corp (ORCL) and Ronald Lauder of Estee Lauder Companies (EL). Another Ivy League school, Cornell University, was close behind UPENN with nearly $190 million.
The rest of the top 10 was dominated by large public universities, including the University of Maryland, the University of Michigan, the University of Vermont, the University of Southern California, the University of Minnesota, and the University of Arizona.
Some smaller schools that were close to cracking the top 10 were Fordham University, Baruch College, Rice University, Northwestern University, Reed College and Tufts University.
Donor Watch’s top donor prospect lists also track alumni with various graduate degrees. Many of the Nation’s top Law Schools had a large number of alumni selling stock over December and January, including Harvard Law School, New York University School of Law, Northwestern University, University of Pennsylvania, Columbia University School of Law and Tulane University.
For more information about Donor Watch or its top donor prospect targeting reports, please visit Donor Watch’s Website.. Donor Watch provides its reports and analyses to the development officers and prospect researchers at many leading colleges, universities and non-profits. Donor Watch’s unique and robust set of research tools empower fund raisers to manage their relationships with top and high potential donors. To sign-up for a free trial of Donor Watch, please click here.