President & CEO of Eastman Chemical Company (EMN) James P Rogers sells 55,679 shares of EMN on 12/03/2010 at an average price of $81.28 a share.

Eastman Chemical Company has a market cap of $5.92 billion; its shares were traded at around $82.06 with a P/E ratio of 11.91 and P/S ratio of 1.17. The dividend yield of Eastman Chemical Company stocks is 2.14%. Eastman Chemical Company had an annual average earning growth of 4.9% over the past 10 years.

EMN is in the portfolios of RS Investment Management, Jean-Marie Eveillard of First Eagle Investment Management, LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, Jeremy Grantham of GMO LLC.


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

Directors and Officers Recent Trades:

• Sell: SVP, CLO and Corp Secretary Theresa K Lee sold 31,000 shares of EMN stock on 11/30/2010 at the average price of 78.26. Theresa K Lee owns at least 14,076 shares after this. The price of the stock has increased by 4.86% since.


• Sell: Exec Chairman of the Board J Brian Ferguson sold 83,085 shares of EMN stock on 11/18/2010 at the average price of 78.83. J Brian Ferguson owns at least 92,543 shares after this. The price of the stock has increased by 4.1% since.


• Sell: Exec Chairman of the Board J Brian Ferguson sold 94,087 shares of EMN stock on 11/05/2010 at the average price of 79.99. J Brian Ferguson owns at least 175,384 shares after this. The price of the stock has increased by 2.59% since.


• Sell: SVP & Chief Technology Officer Greg W. Nelson sold 7,000 shares of EMN stock on 11/05/2010 at the average price of 80.02. Greg W. Nelson owns at least 8,982 shares after this. The price of the stock has increased by 2.55% since.


• Sell: Exec Chairman of the Board J Brian Ferguson sold 115,458 shares of EMN stock on 11/04/2010 at the average price of 80.02. J Brian Ferguson owns at least 175,385 shares after this. The price of the stock has increased by 2.55% 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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