CEO of Denbury Resources Inc. (DNR) Phil Rykhoek sells 41,451 shares of DNR on 11/19/2010 at an average price of $18.03 a share.

Denbury Resources Inc. has a market cap of $7.4 billion; its shares were traded at around $18.53 with a P/E ratio of 33.7 and P/S ratio of 8.3. Denbury Resources Inc. had an annual average earning growth of 8.1% over the past 10 years.

DNR is in the portfolios of RS Investment Management, Ron Baron of Baron Funds, NWQ Managers of NWQ Investment Management Co, Diamond Hill Capital of Diamond Hill Capital Management Inc, Columbia Wanger of Columbia Wanger Asset Management, Jim Simons of Renaissance Technologies LLC, Mario Gabelli of GAMCO Investors, Steven Cohen of SAC Capital Advisors.


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

Directors and Officers Recent Trades:

• Sell: VP, Business Development Bradley Cox sold 28,792 shares of DNR stock on 09/15/2010 at the average price of 16.1. Bradley Cox owns at least 114,402 shares after this. The price of the stock has increased by 15.09% since.


• Sell: Director Greg Mcmichael sold 4,000 shares of DNR stock on 09/07/2010 at the average price of 15.44. Greg Mcmichael owns at least 31,988 shares after this. The price of the stock has increased by 20.01% since.


• Sell: VP, Eastern Region Barry Schneider sold 14,432 shares of DNR stock on 08/18/2010 at the average price of 15.55. Barry Schneider owns at least 96,230 shares after this. The price of the stock has increased by 19.16% since.


• Sell: Director Gareth Roberts sold 20,000 shares of DNR stock on 08/13/2010 at the average price of 15.88. Gareth Roberts owns at least 253,320 shares after this. The price of the stock has increased by 16.69% since.


• Sell: Vice President Marketing Dan E Cole sold 10,000 shares of DNR stock on 06/09/2010 at the average price of 15.71. Dan E Cole owns at least 76,848 shares after this. The price of the stock has increased by 17.95% since.

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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