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Neenah Paper Inc. (NP) Chairman, President & CEO Sean T Erwin sells 11,000 Shares

January 04, 2011 | About:
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Chairman, President & CEO of Neenah Paper Inc. (NP) Sean T Erwin sells 11,000 shares of NP on 01/03/2011 at an average price of $19.8 a share.

Neenah Paper Inc. has a market cap of $293.3 million; its shares were traded at around $19.87 with a P/E ratio of 13 and P/S ratio of 0.5. The dividend yield of Neenah Paper Inc. stocks is 2%.

NP is in the portfolios of John Keeley of Keeley Fund Management, Paul Tudor Jones of The Tudor Group.

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


CEO Recent Trades:


  • Sell: Chairman, Pres and CEO Sean T Erwin sold 11,000 shares of NP stock on 12/06/2010 at the average price of 18.9. The price of the stock has increased by 5.13% since.


CFO Recent Trades:


  • Sell: Sr. VP, CFO and Treasurer Bonnie Cruickshank Lind sold 4,017 shares of NP stock on 11/30/2010 at the average price of 18.5. The price of the stock has increased by 7.41% since.

  • Sell: Sr. V.P., CFO and Treasurer Bonnie Cruickshank Lind sold 4,017 shares of NP stock on 11/24/2010 at the average price of 18.25. The price of the stock has increased by 8.88% since.



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




Directors and Officers Recent Trades:


  • Sell: Sr. VP and Pres. Tech Products Dennis Runsten sold 4,750 shares of NP stock on 12/03/2010 at the average price of 18.95. The price of the stock has increased by 4.85% since.

  • Sell: Sr. V.P.,Gen.Counsel/Secretary Steven S Heinrichs sold 10,234 shares of NP stock on 11/22/2010 at the average price of 18.14. The price of the stock has increased by 9.54% 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: 5.0/5 (2 votes)

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