Executive VP & CFO of Perrigo Company (PRGO) Judy L Brown sells 8,864 shares of PRGO on 08/26/2011 at an average price of $89.71 a share.

Perrigo Company has a market cap of $8.68 billion; its shares were traded at around $93.61 with a P/E ratio of 23.3 and P/S ratio of 3.2. 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:

• Executive VP, General Counsel Todd W Kingma sold 4,497 shares of PRGO stock on 08/24/2011 at the average price of 90.74. Todd W Kingma owns at least 19,155 shares after this. The price of the stock has increased by 3.16% since.
• Sr VP & Chief Scientific Offic Jatin Shah sold 2,000 shares of PRGO stock on 08/24/2011 at the average price of 92.16. Jatin Shah owns at least 2,477 shares after this. The price of the stock has increased by 1.57% since.
• Executive VP U.S. Generics Sharon Kochan sold 3,934 shares of PRGO stock on 08/23/2011 at the average price of 89.27. Sharon Kochan owns at least 2,991 shares after this. The price of the stock has increased by 4.86% since.
• Senior VP Global Quality Louis Yu sold 4,208 shares of PRGO stock on 08/23/2011 at the average price of 89.44. Louis Yu owns at least 5,490 shares after this. The price of the stock has increased by 4.66% since.
• Chairman Joseph C Papa sold 5,000 shares of PRGO stock on 08/23/2011 at the average price of 88.34. Joseph C Papa owns at least 96,837 shares after this. The price of the stock has increased by 5.97% 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool