Chairman & CEO of Penn National Gaming Inc. (PENN) Peter M Carlino sells 12,425 shares of PENN on 01/12/2011 at an average price of $35.2 a share.

Penn Natl Gamng has a market cap of $2.64 billion; its shares were traded at around $34.76 with a P/E ratio of 39.8 and P/S ratio of 1.1.

PENN is in the portfolios of Chuck Akre of Akre Capital Management, LLC, Ron Baron of Baron Funds, Columbia Wanger of Columbia Wanger Asset Management, Mario Gabelli of GAMCO Investors, Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC.

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

CEO Recent Trades:

• Sell: Chairman & CEO Peter M Carlino sold 11,572 shares of PENN stock on 11/09/2010 at the average price of 34.84. Peter M Carlino owns at least 1,191,279 shares after this. The price of the stock has decreased by 0.23% since.

CFO Recent Trades:

• Sell: CFO William J Clifford sold 50,000 shares of PENN stock on 12/01/2010 at the average price of 35.52. William J Clifford owns at least 58,659 shares after this. The price of the stock has decreased by 2.14% since.


• Sell: CFO William J Clifford sold 27,162 shares of PENN stock on 11/09/2010 at the average price of 35. William J Clifford owns at least 58,659 shares after this. The price of the stock has decreased by 0.69% since.


• Sell: CFO William J Clifford sold 50,000 shares of PENN stock on 11/01/2010 at the average price of 33.27. William J Clifford owns at least 85,821 shares after this. The price of the stock has increased by 4.48% since.


• Sell: CFO William J Clifford sold 12,000 shares of PENN stock on 10/21/2010 at the average price of 32.5. William J Clifford owns at least 85,821 shares after this. The price of the stock has increased by 6.95% since.

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

Directors and Officers Recent Trades:

• Sell: Sr. Vice President/General Cou Jordan B Savitch sold 2,920 shares of PENN stock on 01/03/2011 at the average price of 35.18. Jordan B Savitch owns at least 21,324 shares after this. The price of the stock has decreased by 1.19% since.


• Sell: Sr. Vice President/General Cou Jordan B Savitch sold 3,000 shares of PENN stock on 12/01/2010 at the average price of 35.52. Jordan B Savitch owns at least 21,324 shares after this. The price of the stock has decreased by 2.14% since.


• Sell: Director John M Jacquemin sold 60,000 shares of PENN stock on 11/30/2010 at the average price of 34.58. John M Jacquemin owns at least 23,595 shares after this. The price of the stock has increased by 0.52% since.


• Sell: Director Robert P Levy sold 10,000 shares of PENN stock on 11/12/2010 at the average price of 35.32. Robert P Levy owns at least 23,195 shares after this. The price of the stock has decreased by 1.59% since.


• Sell: SR VP-Corp Development Steven T. Snyder sold 14,690 shares of PENN stock on 11/09/2010 at the average price of 34.9. Steven T. Snyder owns at least 81,663 shares after this. The price of the stock has decreased by 0.4% 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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