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Chicago Bridge & Iron Company N.V. (CBI) COO Lasse Petterson sells 41,400 Shares

Jan 20, 2012 | About:
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COO of Chicago Bridge & Iron Company N.V. (CBI) Lasse Petterson sells 41,400 shares of CBI on 01/18/2012 at an average price of $42 a share.

Chigago Bridge & Iron has a market cap of $4.3 billion; its shares were traded at around $43.67 with a P/E ratio of 17.3 and P/S ratio of 1.1. The dividend yield of Chigago Bridge & Iron stocks is 0.5%. Chigago Bridge & Iron had an annual average earning growth of 14.3% over the past 10 years. GuruFocus rated Chigago Bridge & Iron the business predictability rank of 2.5-star.

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


CEO Recent Trades:


  • President and CEO Philip K Asherman sold 75,000 shares of CBI stock on 12/01/2011 at the average price of 41.08. Philip K Asherman owns at least 596,956 shares after this. The price of the stock has increased by 6.3% since.
  • President and CEO Philip K Asherman sold 21,366 shares of CBI stock on 09/07/2011 at the average price of 35.2. Philip K Asherman owns at least 671,910 shares after this. The price of the stock has increased by 24.06% since.
  • President and CEO Philip K Asherman sold 53,634 shares of CBI stock on 09/01/2011 at the average price of 35.51. Philip K Asherman owns at least 693,276 shares after this. The price of the stock has increased by 22.98% since.

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




Directors and Officers Recent Trades:


  • Executive Vice President Daniel M. Mccarthy sold 1,651 shares of CBI stock on 11/30/2011 at the average price of 40. Daniel M. Mccarthy owns at least 58,216 shares after this. The price of the stock has increased by 9.18% since.
  • Executive Vice President Daniel M. Mccarthy sold 4,516 shares of CBI stock on 11/16/2011 at the average price of 40. Daniel M. Mccarthy owns at least 59,867 shares after this. The price of the stock has increased by 9.18% since.
  • Director J Charles Jennett sold 8,000 shares of CBI stock on 11/16/2011 at the average price of 40. J Charles Jennett owns at least 41,432 shares after this. The price of the stock has increased by 9.18% since.
  • Executive Vice President Daniel M. Mccarthy sold 12,334 shares of CBI stock on 11/10/2011 at the average price of 37.23. Daniel M. Mccarthy owns at least 64,383 shares after this. The price of the stock has increased by 17.3% since.
  • Director L Richard Flury sold 4,000 shares of CBI stock on 08/01/2011 at the average price of 42.23. L Richard Flury owns at least 54,733 shares after this. The price of the stock has increased by 3.41% since.


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

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


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