Reliance Steel & Aluminum Co. CEO and Chairman sells 40,000 Shares

CEO and Chairman of Reliance Steel & Aluminum Co. （RS） David H Hannah sells 40,000 shares of RS on 12/07/2010 at an average price of $50.38 a share.

Reliance Steel & Aluminum Co. has a market cap of $3.71 billion; its shares were traded at around $49.73 with a P/E ratio of 14.9 and P/S ratio of 0.7. The dividend yield of Reliance Steel & Aluminum Co. stocks is 0.8%. Reliance Steel & Aluminum Co. had an annual average earning growth of 21.8% over the past 10 years. GuruFocus rated Reliance Steel & Aluminum Co. the business predictability rank of 3.5-star.

RS is in the portfolios of Robert Rodriguez of FPA Capital, Chuck Royce of Royce& Associates, First Pacific Advisors of First Pacific Advisors, LLC, NWQ Managers of NWQ Investment Management Co, David Dreman of Dreman Value Management, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC, Jim Simons of Renaissance Technologies LLC.