LKQ Corp. (LKQX) President and CEO Robert L Wagman sells 1,719 Shares

President and CEO of LKQ Corp. (LKQX) Robert L Wagman sells 1,719 shares of LKQX on 01/11/2012 at an average price of $32 a share.

Lkq Corp. has a market cap of $4.69 billion; its shares were traded at around $31.99 with a P/E ratio of 23.5 and P/S ratio of 1.9. Lkq Corp. had an annual average earning growth of 30.5% over the past 10 years.

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

CEO Recent Trades:

• Co-CEO Joseph M Holsten sold 19,200 shares of LKQX stock on 12/01/2011 at the average price of 31. Joseph M Holsten owns at least 180,009 shares after this. The price of the stock has increased by 3.19% since.
• Co-CEO Joseph M Holsten sold 79,614 shares of LKQX stock on 11/30/2011 at the average price of 29.37. Joseph M Holsten owns at least 199,209 shares after this. The price of the stock has increased by 8.92% since.
• Co-CEO Joseph M Holsten sold 20,000 shares of LKQX stock on 11/21/2011 at the average price of 28.07. Joseph M Holsten owns at least 249,469 shares after this. The price of the stock has increased by 13.97% since.
• Co-CEO Joseph M Holsten sold 36,386 shares of LKQX stock on 11/15/2011 at the average price of 30. Joseph M Holsten owns at least 269,469 shares after this. The price of the stock has increased by 6.63% since.
• Co-CEO Joseph M Holsten sold 29,740 shares of LKQX stock on 11/15/2011 at the average price of 30. Joseph M Holsten owns at least 269,469 shares after this. The price of the stock has increased by 6.63% since.

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

Directors and Officers Recent Trades:

• Senior VP -- Development Walter P Hanley sold 10,000 shares of LKQX stock on 12/01/2011 at the average price of 31.09. Walter P Hanley owns at least 68,667 shares after this. The price of the stock has increased by 2.89% since.
• Director Kevin F Flynn sold 100,000 shares of LKQX stock on 12/01/2011 at the average price of 30.99. Kevin F Flynn owns at least 806,762 shares after this. The price of the stock has increased by 3.23% since.

For the complete insider trading history of LKQX, 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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