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Panera Bread Company (PNRA) SVP, CFO Jeffrey W Kip sells 8,667 Shares

September 07, 2010 | About:
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SVP, CFO of Panera Bread Company (PNRA) Jeffrey W Kip sells 8,667 shares of PNRA on 09/03/2010 at an average price of $86.05 a share.

Panera Bread Company has a market cap of $2.7 billion; its shares were traded at around $85.02 with a P/E ratio of 25.92 and P/S ratio of 2. Panera Bread Company had an annual average earning growth of 26.3% over the past 10 years. GuruFocus rated Panera Bread Company the business predictability rank of 4-star.

PNRA is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Ron Baron of Baron Funds, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

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


CEO Recent Trades:


  • Sell: Chairman & CEO, 10% Owner Ronald M Shaich sold 21,288 shares of PNRA stock on 05/17/2010 at the average price of 76. Ronald M Shaich owns at least 1,311,690 shares after this. The price of the stock has increased by 11.87% since.

  • Sell: Chairman & CEO, 10% Owner Ronald M Shaich sold 21,288 shares of PNRA stock on 05/10/2010 at the average price of 76.44. Ronald M Shaich owns at least 1,311,690 shares after this. The price of the stock has increased by 11.22% since.

  • Sell: Chairman & CEO, 10% Owner Ronald M Shaich sold 63,865 shares of PNRA stock on 05/03/2010 at the average price of 78.7. Ronald M Shaich owns at least 1,311,690 shares after this. The price of the stock has increased by 8.03% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Charles J Chapman Iii bought 94 shares of PNRA stock on 04/14/2010 at the average price of 83.27. Charles J Chapman Iii owns at least 1,455 shares after this. The price of the stock has increased by 2.1% since.

  • Sell: SVP,Chief Supply Chain Officer Mark Borland sold 204 shares of PNRA stock on 09/02/2010 at the average price of 82.75. Mark Borland owns at least 7,917 shares after this. The price of the stock has increased by 2.74% since.

  • Sell: SVP, Chief People Officer Rebecca Fine sold 1,455 shares of PNRA stock on 09/02/2010 at the average price of 85. Rebecca Fine owns at least 8,427 shares after this. The price of the stock has increased by 0.02% since.

  • Sell: SVP, Chief Information Officer Thomas C Kish sold 2,083 shares of PNRA stock on 09/02/2010 at the average price of 85. Thomas C Kish owns at least 11,708 shares after this. The price of the stock has increased by 0.02% since.

  • Sell: SVP, Chief Franchise Officer Michael J Kupstas sold 204 shares of PNRA stock on 09/02/2010 at the average price of 82.75. Michael J Kupstas owns at least 15,889 shares after this. The price of the stock has increased by 2.74% 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


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