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CONMED Corp. (CNMD) Vice President/Finance/CFO Robert D Jr Shallish sells 6,151 Shares

February 07, 2011 | About:
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Vice President/Finance/CFO of CONMED Corp. (CNMD) Robert D Jr Shallish sells 6,151 shares of CNMD on 02/04/2011 at an average price of $26.27 a share.

Conmed Corp. has a market cap of $731.76 million; its shares were traded at around $26.44 with a P/E ratio of 19.86 and P/S ratio of 1.05.

Hedge Fund Gurus that owns CNMD: Richard Pzena of Pzena Investment Management LLC, Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns CNMD: Robert Olstein of Olstein Financial Alert Fund, Mario Gabelli of GAMCO Investors, Chuck Royce of Royce& Associates.

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


CEO Recent Trades:


  • Sell: President & CEO Joseph J Corasanti sold 67,502 shares of CNMD stock on 11/04/2010 at the average price of 22.37. Joseph J Corasanti owns at least 58,669 shares after this. The price of the stock has increased by 18.19% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Stuart J Schwartz sold 800 shares of CNMD stock on 02/04/2011 at the average price of 26.13. Stuart J Schwartz owns at least 1,675 shares after this. The price of the stock has increased by 1.19% since.

  • Sell: VP CORP HR&DEPUTY GEN COUNSEL Heather L Cohen sold 450 shares of CNMD stock on 12/08/2010 at the average price of 25. Heather L Cohen owns at least 2,143 shares after this. The price of the stock has increased by 5.76% since.

  • Sell: Vice President-Corporate QA/RA Gregory Renard Jones sold 300 shares of CNMD stock on 11/15/2010 at the average price of 22.97. Gregory Renard Jones owns at least 1,100 shares after this. The price of the stock has increased by 15.11% since.



For the complete insider trading history of CNMD, click here.

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: 2.3/5 (7 votes)

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