Chairman and CEO of Apache Corp. (APA) G Steven Farris sells 7,000 shares of APA on 01/25/2012 at an average price of $96.33 a share.

Apache Corp. has a market cap of $37.74 billion; its shares were traded at around $97.91 with a P/E ratio of 8.7 and P/S ratio of 3.1. The dividend yield of Apache Corp. stocks is 0.6%. Apache Corp. had an annual average earning growth of 15.2% over the past 10 years. GuruFocus rated Apache Corp. the business predictability rank of 2.5-star.


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

Directors and Officers Recent Trades:

• Director William C Montgomery bought 2,000 shares of APA stock on 12/20/2011 at the average price of 88.72. William C Montgomery owns at least 9,000 shares after this. The price of the stock has increased by 10.36% since.
• Director William C Montgomery bought 2,000 shares of APA stock on 10/19/2011 at the average price of 90. William C Montgomery owns at least 7,000 shares after this. The price of the stock has increased by 8.79% since.
• Director Chansoo Joung bought 5,000 shares of APA stock on 10/17/2011 at the average price of 90. Chansoo Joung owns at least 15,569 shares after this. The price of the stock has increased by 8.79% since.
• Senior Vice President Janine J Mcardle sold 717 shares of APA stock on 11/11/2011 at the average price of 103.67. Janine J Mcardle owns at least 17,386 shares after this. The price of the stock has decreased by 5.56% since.
• President and Rodney J Eichler sold 2,500 shares of APA stock on 11/10/2011 at the average price of 101.29. Rodney J Eichler owns at least 26,128 shares after this. The price of the stock has decreased by 3.34% since.

For the complete insider trading history of APA, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool