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Core Laboratories N.V. Common SharesNLG (CLB) CEO David M Demshur sells 100,000 Shares

July 30, 2010 | About:
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CEO of Core Laboratories N.V. Common SharesNLG (CLB) David M Demshur sells 100,000 shares of CLB on 07/30/2010 at an average price of $76.07 a share.

Core Laboratories N.v. Common Sharesnlg has a market cap of $3.45 billion; its shares were traded at around $77.25 with a P/E ratio of 29.7 and P/S ratio of 5. The dividend yield of Core Laboratories N.v. Common Sharesnlg stocks is 0.3%. Core Laboratories N.v. Common Sharesnlg had an annual average earning growth of 26.5% over the past 10 years. GuruFocus rated Core Laboratories N.v. Common Sharesnlg the business predictability rank of 3-star.

CLB is in the portfolios of Richard Aster Jr of Meridian Fund, Ron Baron of Baron Funds, Columbia Wanger of Columbia Wanger Asset Management, RS Investment Management, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, Chuck Royce of Royce& Associates.

This is the annual revenues and earnings per share of CLB over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of CLB.


CEO Recent Trades:


  • Sell: CEO David M Demshur sold 300,000 shares of CLB stock on 02/16/2010 at the average price of 61.68. David M Demshur owns at least 240,981 shares after this. The price of the stock has increased by 25.24% since.


CFO Recent Trades:


  • Sell: EVP, CFO & Treasurer Richard L Bergmark sold 70,000 shares of CLB stock on 02/17/2010 at the average price of 61.62. Richard L Bergmark owns at least 80,568 shares after this. The price of the stock has increased by 25.37% since.



This is the insider trade history vs. stock price of CLB. For the complete insider trading history of CLB, click here.




Directors and Officers Recent Trades:


  • Sell: Director Joseph R Perna sold 33,683 shares of CLB stock on 07/26/2010 at the average price of 78.44. Joseph R Perna owns at least 40,000 shares after this. The price of the stock has decreased by 1.52% since.

  • Sell: Director D John Ogren sold 6,000 shares of CLB stock on 05/18/2010 at the average price of 72. D John Ogren owns at least 48,997 shares after this. The price of the stock has increased by 7.29% since.

  • Sell: Director Michael C Kearney sold 2,000 shares of CLB stock on 05/03/2010 at the average price of 75.62. Michael C Kearney owns at least 5,013 shares after this. The price of the stock has increased by 2.16% since.

  • Sell: Director Michael C Kearney sold 6,000 shares of CLB stock on 02/16/2010 at the average price of 61.53. Michael C Kearney owns at least 6,013 shares after this. The price of the stock has increased by 25.55% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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Why CEOs Are Buying Stocks Of Their Own Companies?

  1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
  2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
  3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading


Rating: 3.0/5 (1 vote)

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