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Rayonier Inc. (RYN) President and COO Paul G Boynton sells 36,600 Shares

December 27, 2011 | About:
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President and COO of Rayonier Inc. (RYN) Paul G Boynton sells 36,600 shares of RYN on 12/23/2011 at an average price of $43.96 a share.

Rayonier Inc. Reit has a market cap of $5.36 billion; its shares were traded at around $44 with a P/E ratio of 23.04 and P/S ratio of 4.08. The dividend yield of Rayonier Inc. Reit stocks is 3.64%. Rayonier Inc. Reit had an annual average earning growth of 11.5% over the past 10 years.


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




Directors and Officers Recent Trades:


  • SR VP, CAO & Corp Sec W. Edwin Frazier Iii sold 36,600 shares of RYN stock on 12/22/2011 at the average price of 43.48. W. Edwin Frazier Iii owns at least 189,189 shares after this. The price of the stock has increased by 1.2% since.
  • SR VP, REAL ESTATE Charles Margiotta sold 21,600 shares of RYN stock on 12/20/2011 at the average price of 42.14. Charles Margiotta owns at least 191,342 shares after this. The price of the stock has increased by 4.41% since.


For the complete insider trading history of RYN, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 4.5/5 (2 votes)

Comments

cwoodbine
Cwoodbine - 1 year ago
There is a very good reason Paul sold those shares. The word among the top levels of the company is that a takeover is eminent in 2012. Unload those RYN shares now!

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