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REINSURANCE GROUP OF AMERICA, INC. (RGA) President & CEO A Greig Woodring sells 67,086 Shares

November 01, 2010 | About:
insider

insider

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President & CEO of REINSURANCE GROUP OF AMERICA, INC. (RGA) A Greig Woodring sells 67,086 shares of RGA on 10/29/2010 at an average price of $50.05 a share.

Reinsurance Group Of America, Inc. has a market cap of $3.69 billion; its shares were traded at around $50.07 with a P/E ratio of 8.3 and P/S ratio of 0.6. The dividend yield of Reinsurance Group Of America, Inc. stocks is 0.9%. Reinsurance Group Of America, Inc. had an annual average earning growth of 9.4% over the past 10 years. GuruFocus rated Reinsurance Group Of America, Inc. the business predictability rank of 2.5-star.

RGA is in the portfolios of John Keeley of Keeley Fund Management, NWQ Managers of NWQ Investment Management Co, Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.


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




Directors and Officers Recent Trades:


  • Buy: Director Frederick James Sievert bought 2,000 shares of RGA stock on 08/16/2010 at the average price of 46.97. Frederick James Sievert owns at least 8,200 shares after this. The price of the stock has increased by 6.6% 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 (6 votes)

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