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Lincoln Electric Holdings Inc. (LECO) Senior V.P, CFO & Treasurer Vincent K Petrella sells 5,000 Shares

Dec 07, 2011 | About:
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Senior V.P, CFO & Treasurer of Lincoln Electric Holdings Inc. (LECO) Vincent K Petrella sells 5,000 shares of LECO on 12/05/2011 at an average price of $40 a share.

Lincoln Electric Holdings Inc. has a market cap of $3.33 billion; its shares were traded at around $39.76 with a P/E ratio of 17.4 and P/S ratio of 1.6. The dividend yield of Lincoln Electric Holdings Inc. stocks is 1.6%. Lincoln Electric Holdings Inc. had an annual average earning growth of 8.7% over the past 10 years.

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


CEO Recent Trades:


  • Chairman, President and CEO John M Stropki bought 5,000 shares of LECO stock on 08/09/2011 at the average price of 27.99. John M Stropki owns at least 239,150 shares after this. The price of the stock has increased by 42.05% since.

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




Directors and Officers Recent Trades:


  • Director G Russell Lincoln sold 4,000 shares of LECO stock on 09/08/2011 at the average price of 31.9. G Russell Lincoln owns at least 412,394 shares after this. The price of the stock has increased by 24.64% since.


For the complete insider trading history of LECO, 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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