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Red Robin Gourmet Burgers Inc. (RRGB) CEO Stephen E. Carley buys 2,200 Shares

Aug 24, 2011 | About:
insider
insider
CEO of Red Robin Gourmet Burgers Inc. (RRGB) Stephen E. Carley buys 2,200 shares of RRGB on 08/22/2011 at an average price of $29.09 a share.

Red Robin Gourmet Burgers Inc. has a market cap of $565.9 million; its shares were traded at around $30.55 with a P/E ratio of 29.7 and P/S ratio of 0.7. Red Robin Gourmet Burgers Inc. had an annual average earning growth of 9.3% over the past 10 years.

CFO Recent Trades:


  • CFO Katherine Lee Scherping sold 3,000 shares of RRGB stock on 06/21/2011 at the average price of 34.37. Katherine Lee Scherping owns at least 17,072 shares after this. The price of the stock has decreased by 11.11% since.

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




Directors and Officers Recent Trades:


  • Director Stuart I Oran bought 550 shares of RRGB stock on 08/18/2011 at the average price of 29.4. Stuart I Oran owns at least 1,000 shares after this. The price of the stock has increased by 3.91% since.
  • Director Pattye L Moore bought 780 shares of RRGB stock on 08/17/2011 at the average price of 31.99. Pattye L Moore owns at least 14,714 shares after this. The price of the stock has decreased by 4.5% since.
  • Director Glenn B. Kaufman bought 2,400 shares of RRGB stock on 08/17/2011 at the average price of 31.36. Glenn B. Kaufman owns at least 6,806 shares after this. The price of the stock has decreased by 2.58% since.
  • Director Richard J Howell bought 500 shares of RRGB stock on 03/01/2011 at the average price of 23.75. Richard J Howell owns at least 11,062 shares after this. The price of the stock has increased by 28.63% since.


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

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


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