LKQ Corp. (LKQX) Co-CEO Joseph M Holsten sells 20,000 Shares

Co-CEO of LKQ Corp. (LKQX) Joseph M Holsten sells 20,000 shares of LKQX on 11/21/2011 at an average price of $28.07 a share.

Lkq Corp. has a market cap of $4.14 billion; its shares were traded at around $28.25 with a P/E ratio of 20.8 and P/S ratio of 1.7. Lkq Corp. had an annual average earning growth of 30.5% over the past 10 years.

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

CEO Recent Trades:

• Co-CEO Joseph M Holsten sold 36,386 shares of LKQX stock on 11/15/2011 at the average price of 30. Joseph M Holsten owns at least 269,469 shares after this. The price of the stock has decreased by 5.83% since.
• Co-CEO Joseph M Holsten sold 29,740 shares of LKQX stock on 11/15/2011 at the average price of 30. Joseph M Holsten owns at least 269,469 shares after this. The price of the stock has decreased by 5.83% since.
• President and Co-CEO Robert L Wagman sold 3,982 shares of LKQX stock on 07/14/2011 at the average price of 26.23. Robert L Wagman owns at least 99,018 shares after this. The price of the stock has increased by 7.7% since.
• Co-CEO Joseph M Holsten sold 2,309 shares of LKQX stock on 07/14/2011 at the average price of 26.23. Joseph M Holsten owns at least 299,209 shares after this. The price of the stock has increased by 7.7% since.
• President and Co-CEO Robert L Wagman sold 12,000 shares of LKQX stock on 06/01/2011 at the average price of 26.02. Robert L Wagman owns at least 103,000 shares after this. The price of the stock has increased by 8.57% since.

CFO Recent Trades:

• Executive VP and CFO John S Quinn sold 1,728 shares of LKQX stock on 07/14/2011 at the average price of 26.23. John S Quinn owns at least 89,939 shares after this. The price of the stock has increased by 7.7% since.

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

Directors and Officers Recent Trades:

• Senior VP and General Counsel Victor M Casini sold 1,728 shares of LKQX stock on 07/14/2011 at the average price of 26.23. Victor M Casini owns at least 82,582 shares after this. The price of the stock has increased by 7.7% since.
• Senior VP and General Counsel Victor M Casini sold 64,025 shares of LKQX stock on 07/06/2011 at the average price of 27.03. Victor M Casini owns at least 84,310 shares after this. The price of the stock has increased by 4.51% since.

For the complete insider trading history of LKQX, 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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