October
12th, 2016
During the third quarter, executives of US public
companies sold $11.6 billion in stock, according
Donor Watch's most recent industry report. Topping
the list are executives who received their undergraduate
degrees from schools in the states of New Jersey,
New York and Massachusetts. Combined, alumni from
the top three states raised nearly $2 Billion
in cash from stock sales. Rounding out the top
five states are alumni of schools in Texas and
Pennsylvania.
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Not surprisingly, this quarter's list of wealthy
individuals is led by several renowned tech executives,
including Amazon's Jeff Bezos, Microsoft's Bill
Gates, Activision's Bobby Kotick, Facebook's Sheryl
Sandberg and Apple's Tim Cook. The quarterly stock
sales for these five executives totaled an astounding
$1.68 billion, or 14.5% of all sales.
The
top 10 undergraduate schools with the most alumni
stock sales during Q3 include:
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1.
Princeton University
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6. Yale University |
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2.
Harvard University |
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7. Southern Methodist University |
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3.
University of Michigan. |
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8. Fordham University |
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4.
Auburn University. |
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9. University of Wisconsin |
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5.
Cornell University |
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10. Stanford
University |
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Notably,
several lesser known and smaller schools from
across the country managed to crack the top 25
of this quarter's prospect list with impressive
alumni stock sales, including Stephen F Austin
State University, St. Cloud State University,
New York Institute of Technology, Wellesley College
and Wesleyan University.
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 free Donor Watch trial today.
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