Feb
13th, 2017
After a wild 2016, executives at US public companies
are feeling good, as the Dow Jones ended the year
up 13.4%. Executives consistently reduced their
holdings in the stocks of their own companies
throughout 2016, with cash-raising stocks sales
that totaled more than $43 Billion.
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Not too surprisingly, stock
sales peaked during the tumultuous month of November.
While Americans were consumed with the election
and its aftermath, many executives were busy cashing
out, raising $6.6 Billion over the course of the
month.
Topping Donor Watch's 2016
Prospect List are executives who received their
undergraduate degrees from schools in the states
of Illinois, Pennsylvania and New York. Combined,
alumni from the top three states accounted for
nearly 23% of stocks sales in 2016. Rounding out
the top ten states are alumni of schools located
in California, New Jersey, Texas, Massachusetts,
Michigan, Ohio and Indiana.
The top undergraduate school
with the most alumni stock sales during all of
2016 was the University of Chicago. While 5 of
the other top 10 spots were held by schools from
the Ivy League, the non-Ivies at the top of the
list included stalwart Stanford University, as
well as the University of Illinois at Urbana-Champaign,
University of Michigan and Pennsylvania State
University.
The markets in 2016 favored
several schools that did not make 2015's top 50
list, including Ball State University, St. Cloud
State University, Colby College, University of
Houston, Union College, St. John's University
and University of California, Santa Barbara.
Timing can be everything
for non-profits seeking major gifts, so identifying
prospects and alums who have recently come across
large amounts of cash can be critical to a gift
officer's targeting efforts. Donor Watch
provides its real-time insights and powerful software
platform to the development offices and prospect
research teams at leading colleges, universities
and non-profits. For more information and access,
please sign-up for a free Donor Watch trial today.
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