Covance Inc. (CVD) CEO Joseph L Herring buys 20,000 Shares

Chairman and CEO of Covance Inc. (CVD, Financial) Joseph L Herring buys 20,000 shares of CVD on 08/02/2010 at an average price of $38.95 a share.

Covance Inc. has a market cap of $2.56 billion; its shares were traded at around $39.58 with a P/E ratio of 16.5 and P/S ratio of 1.3. Covance Inc. had an annual average earning growth of 13.4% over the past 10 years. GuruFocus rated Covance Inc. the business predictability rank of 3-star.

CVD is in the portfolios of Ron Baron of Baron Funds, Chuck Royce of Royce& Associates, Jeremy Grantham of GMO LLC, RS Investment Management.

Directors and Officers Recent Trades:

  • Buy: Director Joseph C Scodari bought 200 shares of CVD stock on 06/17/2010 at the average price of 54.55. Joseph C Scodari owns at least 700 shares after this. The price of the stock has decreased by 27.44% since.

  • Sell: Corporate Sr. Vice President Donald Kraft sold 34,979 shares of CVD stock on 06/21/2010 at the average price of 55.12. Donald Kraft owns at least 47,084 shares after this. The price of the stock has decreased by 28.19% since.