Executive Chairman of CLARCOR Inc. (CLC) Norman E Johnson sells 54,508 shares of CLC on 01/30/2012 at an average price of $51.8 a share.

Clarcor Inc. has a market cap of $2.6 billion; its shares were traded at around $51.85 with a P/E ratio of 21.3 and P/S ratio of 2.3. The dividend yield of Clarcor Inc. stocks is 0.9%. Clarcor Inc. had an annual average earning growth of 7.8% over the past 10 years. GuruFocus rated Clarcor Inc. the business predictability rank of 4-star.


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

Directors and Officers Recent Trades:

• Executive Chairman Norman E Johnson sold 106,788 shares of CLC stock on 01/26/2012 at the average price of 51.83. Norman E Johnson owns at least 294,033 shares after this. The price of the stock has increased by 0.04% since.
• Executive Chairman Norman E Johnson sold 50,696 shares of CLC stock on 01/24/2012 at the average price of 51.84. Norman E Johnson owns at least 400,821 shares after this. The price of the stock has increased by 0.02% since.
• Director Robert J Burgstahler sold 15,000 shares of CLC stock on 01/23/2012 at the average price of 52.36. Robert J Burgstahler owns at least 15,877 shares after this. The price of the stock has decreased by 0.97% since.
• Executive Chairman Norman E Johnson sold 51,335 shares of CLC stock on 01/23/2012 at the average price of 52.2. Norman E Johnson owns at least 451,517 shares after this. The price of the stock has decreased by 0.67% since.
• Executive Chairman Norman E Johnson sold 100,000 shares of CLC stock on 12/20/2011 at the average price of 50. Norman E Johnson owns at least 502,852 shares after this. The price of the stock has increased by 3.7% since.

For the complete insider trading history of CLC, 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