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REINSURANCE GROUP OF AMERICA, INC. (RGA) President & CEO A Greig Woodring sells 70,197 Shares

Dec 01, 2011 | About:
insider
insider
President & CEO of REINSURANCE GROUP OF AMERICA, INC. (RGA) A Greig Woodring sells 70,197 shares of RGA on 11/29/2011 at an average price of $49.38 a share.

Reinsurance Group Of America has a market cap of $3.82 billion; its shares were traded at around $51.5 with a P/E ratio of 6.8 and P/S ratio of 0.4. The dividend yield of Reinsurance Group Of America stocks is 1.4%. Reinsurance Group Of America had an annual average earning growth of 9.8% over the past 10 years. GuruFocus rated Reinsurance Group Of America the business predictability rank of 3-star.


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




Directors and Officers Recent Trades:


  • Director Frederick James Sievert bought 2,000 shares of RGA stock on 08/18/2011 at the average price of 50.08. Frederick James Sievert owns at least 11,925 shares after this. The price of the stock has increased by 2.84% since.
  • Director John F. Danahy bought 3,000 shares of RGA stock on 08/01/2011 at the average price of 58.56. John F. Danahy owns at least 7,125 shares after this. The price of the stock has decreased by 12.06% since.
  • Sr. EVP, Global Mortality Mkts Graham S Watson sold 14,416 shares of RGA stock on 07/28/2011 at the average price of 59.2. Graham S Watson owns at least 41,214 shares after this. The price of the stock has decreased by 13.01% since.


For the complete insider trading history of RGA, 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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