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UniFirst Corp. (UNF) President and CEO, 10% Owner Ronald D Croatti sells 4,200 Shares

Jan 13, 2012 | About:
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President and CEO, 10% Owner of UniFirst Corp. (UNF) Ronald D Croatti sells 4,200 shares of UNF on 01/12/2012 at an average price of $61.68 a share.

Unifirst Corp. has a market cap of $1.23 billion; its shares were traded at around $61.85 with a P/E ratio of 15.7 and P/S ratio of 1.1. The dividend yield of Unifirst Corp. stocks is 0.3%. Unifirst Corp. had an annual average earning growth of 9.7% over the past 10 years. GuruFocus rated Unifirst Corp. the business predictability rank of 4.5-star.


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




Directors and Officers Recent Trades:


  • Senior VP of Operations David A Difillippo sold 3,500 shares of UNF stock on 07/19/2011 at the average price of 57.68. David A Difillippo owns at least 255 shares after this. The price of the stock has increased by 7.23% since.
  • Director Anthony F Difillippo sold 3,500 shares of UNF stock on 07/19/2011 at the average price of 57.68. Anthony F Difillippo owns at least 29,575 shares after this. The price of the stock has increased by 7.23% since.


For the complete insider trading history of UNF, 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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