SVP & CFO of Eastman Chemical Company (EMN) Curtis E Espeland sells 14,624 shares of EMN on 03/03/2011 at an average price of $97.3 a share.

Eastman Chemical Company has a market cap of $6.82 billion; its shares were traded at around $96.36 with a P/E ratio of 13.46 and P/S ratio of 1.17. The dividend yield of Eastman Chemical Company stocks is 1.95%. Eastman Chemical Company had an annual average earning growth of 12% over the past 10 years.

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

CEO Recent Trades:

• Sell: President & CEO James P Rogers sold 55,679 shares of EMN stock on 12/03/2010 at the average price of 81.28. James P Rogers owns at least 79,370 shares after this. The price of the stock has increased by 18.55% since.

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

Directors and Officers Recent Trades:

• Sell: SVP, Fibers & Global Sply Chn Richard L Johnson sold 15,000 shares of EMN stock on 03/02/2011 at the average price of 94.42. Richard L Johnson owns at least 14,367 shares after this. The price of the stock has increased by 2.05% since.
• Sell: Director David W Raisbeck sold 2,000 shares of EMN stock on 03/02/2011 at the average price of 92.67. David W Raisbeck owns at least 3,053 shares after this. The price of the stock has increased by 3.98% since.
• Sell: EVP, Perf Polymrs & Chem Inter Ronald Carter Lindsay sold 2,200 shares of EMN stock on 12/06/2010 at the average price of 81.83. Ronald Carter Lindsay owns at least 12,608 shares after this. The price of the stock has increased by 17.76% since.
• Sell: SVP, CLO and Corp Secretary Theresa K Lee sold 31,000 shares of EMN stock on 11/30/2010 at the average price of 78.26. Theresa K Lee owns at least 14,076 shares after this. The price of the stock has increased by 23.13% since.
• Sell: Exec Chairman of the Board J Brian Ferguson sold 83,085 shares of EMN stock on 11/18/2010 at the average price of 78.83. J Brian Ferguson owns at least 92,543 shares after this. The price of the stock has increased by 22.24% since.

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

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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