Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

KKR Financial Holdings LLC (KFN) CEO William C Sonneborn buys 20,000 Shares

March 02, 2011 | About:
insider

insider

41 followers
CEO of KKR Financial Holdings LLC (KFN) William C Sonneborn buys 20,000 shares of KFN on 03/02/2011 at an average price of $9.9 a share.

Kkr Financial Holding Llc has a market cap of $1.73 billion; its shares were traded at around $9.78 with a P/E ratio of 5.2 and P/S ratio of 3.4. The dividend yield of Kkr Financial Holding Llc stocks is 6.1%.

Hedge Fund Gurus that owns KFN: Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns KFN: Chuck Royce of Royce& Associates.


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




Directors and Officers Recent Trades:


  • Buy: 10% Owner Leon G Cooperman bought 4,000 shares of KFN stock on 12/17/2010 at the average price of 8.8. Leon G Cooperman owns at least 18,141,227 shares after this. The price of the stock has increased by 11.14% since.
  • Buy: 10% Owner Leon G Cooperman bought 1,100,000 shares of KFN stock on 12/08/2010 at the average price of 9.09. Leon G Cooperman owns at least 18,137,227 shares after this. The price of the stock has increased by 7.59% since.


For the complete insider trading history of KFN, 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.

» Take a Free Trial of Premium Membership

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: 3.0/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.