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LifePoint Hospitals Inc. (LPNT) Chairman and CEO William F Iii Carpenter sells 40,000 Shares

Dec 02, 2011 | About:
insider
insider
Chairman and CEO of LifePoint Hospitals Inc. (LPNT) William F Iii Carpenter sells 40,000 shares of LPNT on 11/30/2011 at an average price of $39.01 a share.

Lifepoint Hospitals Inc. has a market cap of $2.03 billion; its shares were traded at around $39.04 with a P/E ratio of 12.4 and P/S ratio of 0.6. Lifepoint Hospitals Inc. had an annual average earning growth of 19.8% over the past 10 years. GuruFocus rated Lifepoint Hospitals Inc. the business predictability rank of 5-star.


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




Directors and Officers Recent Trades:


  • Group President Jone Law Koford sold 1,800 shares of LPNT stock on 11/15/2011 at the average price of 39.5. Jone Law Koford owns at least 62,598 shares after this. The price of the stock has decreased by 1.16% since.
  • Group President Jone Law Koford sold 3,400 shares of LPNT stock on 11/03/2011 at the average price of 38.51. Jone Law Koford owns at least 65,198 shares after this. The price of the stock has increased by 1.38% since.


For the complete insider trading history of LPNT, 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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