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GenProbe Inc. (GPRO) Chairman and CEO Carl Hull sells 17,083 Shares

Jan 19, 2012 | About:
insider
insider
Chairman and CEO of GenProbe Inc. (GPRO) Carl Hull sells 17,083 shares of GPRO on 01/17/2012 at an average price of $60.86 a share.

Genprobe Inc. has a market cap of $2.91 billion; its shares were traded at around $62.5 with a P/E ratio of 28.7 and P/S ratio of 5.4. Genprobe Inc. had an annual average earning growth of 22.7% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Director Henry L Nordhoff sold 20,000 shares of GPRO stock on 12/16/2011 at the average price of 56.35. Henry L Nordhoff owns at least 28,606 shares after this. The price of the stock has increased by 10.91% since.
  • Senior VP, Operations Ellerbrock Jorgine sold 2,445 shares of GPRO stock on 12/15/2011 at the average price of 55.85. Ellerbrock Jorgine owns at least 3,477 shares after this. The price of the stock has increased by 11.91% since.
  • SVP, Business Dev. Paul E Gargan sold 7,000 shares of GPRO stock on 12/06/2011 at the average price of 61.68. Paul E Gargan owns at least 15,939 shares after this. The price of the stock has increased by 1.33% since.
  • SVP, Business Dev. Paul E Gargan sold 15,472 shares of GPRO stock on 12/05/2011 at the average price of 62.04. Paul E Gargan owns at least 15,939 shares after this. The price of the stock has increased by 0.74% since.
  • Director Henry L Nordhoff sold 15,000 shares of GPRO stock on 12/01/2011 at the average price of 63.21. Henry L Nordhoff owns at least 48,606 shares after this. The price of the stock has decreased by 1.12% since.


For the complete insider trading history of GPRO, 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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