President & CFO of INTREPID POTASH INC (IPI) David W Honeyfield sells 2,000 shares of IPI on 12/30/2010 at an average price of $37 a share.

Intrepid Potash Inc has a market cap of $2.8 billion; its shares were traded at around $37.29 with a P/E ratio of 69.06 and P/S ratio of 9.28.

IPI is in the portfolios of Chuck Royce of Royce& Associates, NWQ Managers of NWQ Investment Management Co, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors.

CFO Recent Trades:

• Sell: President & CFO David W Honeyfield sold 2,727 shares of IPI stock on 12/22/2010 at the average price of 35.54. David W Honeyfield owns at least 31,435 shares after this. The price of the stock has increased by 4.92% since.

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

Directors and Officers Recent Trades:

• Sell: Executive VP & General Counsel Martin D Litt sold 2,742 shares of IPI stock on 12/17/2010 at the average price of 34. Martin D Litt owns at least 12,153 shares after this. The price of the stock has increased by 9.68% since.


• Sell: Director J Landis Martin sold 168,506 shares of IPI stock on 11/18/2010 at the average price of 30.91. J Landis Martin owns at least 230,121 shares after this. The price of the stock has increased by 20.64% since.


• Sell: Senior VP-Mrktg and Sales R L Moore sold 15,084 shares of IPI stock on 11/05/2010 at the average price of 32.14. R L Moore owns at least 17,892 shares after this. The price of the stock has increased by 16.02% since.


• Sell: Director, 10% Owner Hugh E Jr Harvey sold 750,000 shares of IPI stock on 11/05/2010 at the average price of 32.25. Hugh E Jr Harvey owns at least 11,954,095 shares after this. The price of the stock has increased by 15.63% since.


• Sell: Executive Chairman of Board, 10% Owner Robert P Jornayvaz Iii sold 750,000 shares of IPI stock on 11/05/2010 at the average price of 32.25. Robert P Jornayvaz Iii owns at least 11,554,215 shares after this. The price of the stock has increased by 15.63% 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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