Chesapeake Utilities Corp. (CPK) Chairman of the Board Ralph J Adkins sells 1,000 Shares

Chairman of the Board of Chesapeake Utilities Corp. (CPK) Ralph J Adkins sells 1,000 shares of CPK on 05/16/2011 at an average price of $41.29 a share.

Chesapeake Utilities has a market cap of $389.2 million; its shares were traded at around $40.85 with a P/E ratio of 15 and P/S ratio of 0.9. The dividend yield of Chesapeake Utilities stocks is 3.3%. Chesapeake Utilities had an annual average earning growth of 3.8% over the past 10 years.

CFO Recent Trades:

• Buy: Sr.VP, CFO, Treas, & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 05/05/2011 at the average price of 40.75. Beth W Cooper owns at least 17,369 shares after this. The price of the stock has increased by 0.25% since.
• Buy: Sr VP, CFO, Treas. & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 04/05/2011 at the average price of 42.57. Beth W Cooper owns at least 17,364 shares after this. The price of the stock has decreased by 4.04% since.
• Buy: Sr VP, CFO, Treas. & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 03/07/2011 at the average price of 41.52. Beth W Cooper owns at least 17,226 shares after this. The price of the stock has decreased by 1.61% since.
• Buy: Sr VP, CFO, Treas & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 02/07/2011 at the average price of 39.54. Beth W Cooper owns at least 14,860 shares after this. The price of the stock has increased by 3.31% since.
• Buy: Sr. VP, CFO, Treas. & Corp Sec Beth W Cooper bought 5 shares of CPK stock on 01/06/2011 at the average price of 39.69. Beth W Cooper owns at least 14,855 shares after this. The price of the stock has increased by 2.92% since.

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

Directors and Officers Recent Trades:

• Buy: Director Calvert A Jr Morgan bought 1,000 shares of CPK stock on 05/06/2011 at the average price of 40.93. Calvert A Jr Morgan owns at least 21,900 shares after this. The price of the stock has decreased by 0.2% since.
• Buy: Director Dennis S Hudson Iii bought 20 shares of CPK stock on 04/05/2011 at the average price of 41.24. Dennis S Hudson Iii owns at least 3,337 shares after this. The price of the stock has decreased by 0.95% since.
• Buy: Vice Chairman John R Schimkaitis bought 319 shares of CPK stock on 01/03/2011 at the average price of 41.22. John R Schimkaitis owns at least 86,539 shares after this. The price of the stock has decreased by 0.9% since.

For the complete insider trading history of CPK, 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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