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Worthington Industries Inc. (WOR) Chairman/Chief Exec Officer John P/oh Mcconnell sells 114,214 Shares

Feb 02, 2012 | About:
insider
insider
Chairman/Chief Exec Officer of Worthington Industries Inc. (WOR) John P/oh Mcconnell sells 114,214 shares of WOR on 02/02/2012 at an average price of $18.65 a share.

Worthington Industries Inc. has a market cap of $1.32 billion; its shares were traded at around $18.65 with a P/E ratio of 11.2 and P/S ratio of 0.5. The dividend yield of Worthington Industries Inc. stocks is 2.6%.


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




Directors and Officers Recent Trades:


  • Director Ozey K Jr Horton bought 1,000 shares of WOR stock on 08/09/2011 at the average price of 16.5. Ozey K Jr Horton owns at least 1,825 shares after this. The price of the stock has increased by 13.03% since.
  • Director Mark C Davis bought 1,000 shares of WOR stock on 08/08/2011 at the average price of 16.36. Mark C Davis owns at least 3,450 shares after this. The price of the stock has increased by 14% since.
  • Chairman/Chief Exec Officer John P/oh Mcconnell sold 138,714 shares of WOR stock on 01/27/2012 at the average price of 19.09. John P/oh Mcconnell owns at least 16,862,871 shares after this. The price of the stock has decreased by 2.3% since.


For the complete insider trading history of WOR, 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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