Chairman of Perrigo Company (PRGO) Joseph C Papa sells 10,000 shares of PRGO on 12/29/2011 at an average price of $99.05 a share.

Perrigo Company has a market cap of $9.07 billion; its shares were traded at around $97.3 with a P/E ratio of 22.95 and P/S ratio of 3.29. The dividend yield of Perrigo Company stocks is 0.33%. Perrigo Company had an annual average earning growth of 19.3% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.

CFO Recent Trades:

• Executive VP & CFO Judy L Brown sold 8,864 shares of PRGO stock on 08/26/2011 at the average price of 89.71. Judy L Brown owns at least 18,133 shares after this. The price of the stock has increased by 8.46% since.

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

Directors and Officers Recent Trades:

• Senior VP and CIO Thomas Farrington bought 2,098 shares of PRGO stock on 12/12/2011 at the average price of 98.38. Thomas Farrington owns at least 4,001 shares after this. The price of the stock has decreased by 1.1% since.
• Executive VP, General Counsel Todd W Kingma sold 2,500 shares of PRGO stock on 12/21/2011 at the average price of 102. Todd W Kingma owns at least 21,289 shares after this. The price of the stock has decreased by 4.61% since.
• Director Ben-zion Zilberfarb sold 3,766 shares of PRGO stock on 12/08/2011 at the average price of 99.04. Ben-zion Zilberfarb owns at least 4,475 shares after this. The price of the stock has decreased by 1.76% since.
• Director Ran Gottfried sold 3,351 shares of PRGO stock on 12/05/2011 at the average price of 101.59. Ran Gottfried owns at least 10,741 shares after this. The price of the stock has decreased by 4.22% since.
• Sr. VP Commercial Business Dev Jeffrey Needham sold 1,792 shares of PRGO stock on 12/02/2011 at the average price of 100.45. Jeffrey Needham owns at least 1,793 shares after this. The price of the stock has decreased by 3.14% since.

For the complete insider trading history of PRGO, 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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