Free 7-day Trial
All Articles and Columns »

Crane Co. (CR) Executive VP & COO Max H Mitchell sells 22,500 Shares

Feb 03, 2012 | About:
insider
insider
Executive VP & COO of Crane Co. (CR) Max H Mitchell sells 22,500 shares of CR on 02/02/2012 at an average price of $48.83 a share.

Crane Co. has a market cap of $2.84 billion; its shares were traded at around $48.81 with a P/E ratio of 14.4 and P/S ratio of 1.1. The dividend yield of Crane Co. stocks is 2.1%. Crane Co. had an annual average earning growth of 1% over the past 5 years.


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




Directors and Officers Recent Trades:


  • VP Corp Strtgy Grp Pres Cntrls Thomas J Perlitz sold 10,000 shares of CR stock on 10/27/2011 at the average price of 45.55. Thomas J Perlitz owns at least 16,304 shares after this. The price of the stock has increased by 7.16% since.
  • VP Envir. Health & Safety A D Pantaleoni sold 5,000 shares of CR stock on 10/27/2011 at the average price of 45.12. A D Pantaleoni owns at least 17,952 shares after this. The price of the stock has increased by 8.18% since.
  • V.P., Gen. Couns. & Sec. Augustus I Dupont sold 15,000 shares of CR stock on 10/27/2011 at the average price of 45.13. Augustus I Dupont owns at least 91,773 shares after this. The price of the stock has increased by 8.15% since.


For the complete insider trading history of CR, 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


Rate this article:

Rating: 4.3/5 (3 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial