Chairman of Perrigo Company (PRGO) Joseph C Papa sells 5,000 shares of PRGO on 08/23/2011 at an average price of $88.34 a share.

Perrigo Company has a market cap of $8.98 billion; its shares were traded at around $93.67 with a P/E ratio of 26.1 and P/S ratio of 3.9. The dividend yield of Perrigo Company stocks is 0.3%. Perrigo Company had an annual average earning growth of 17.7% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.


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

Directors and Officers Recent Trades:

• EVP Global Operations & Supply John T Hendrickson sold 2,162 shares of PRGO stock on 08/19/2011 at the average price of 86.6. John T Hendrickson owns at least 41,279 shares after this. The price of the stock has increased by 8.16% since.
• EVP & GM Perrigo Israel Refael Lebel sold 5,101 shares of PRGO stock on 08/17/2011 at the average price of 89.44. The price of the stock has increased by 4.73% since.
• EVP Global Operations & Supply John T Hendrickson sold 5,480 shares of PRGO stock on 08/17/2011 at the average price of 90.19. John T Hendrickson owns at least 41,279 shares after this. The price of the stock has increased by 3.86% since.
• Sr VP & Chief Scientific Offic Jatin Shah sold 1,446 shares of PRGO stock on 07/13/2011 at the average price of 92. Jatin Shah owns at least 4,477 shares after this. The price of the stock has increased by 1.82% since.
• Sr VP & Chief Scientific Offic Jatin Shah sold 200 shares of PRGO stock on 07/06/2011 at the average price of 92. Jatin Shah owns at least 4,477 shares after this. The price of the stock has increased by 1.82% since.

For the complete insider trading history of PRGO, 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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