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HNI Corp. (HNI) Chairman, President & CEO Stanley A Askren sells 20,000 Shares

Feb 03, 2012 | About:
insider
insider
Chairman, President & CEO of HNI Corp. (HNI) Stanley A Askren sells 20,000 shares of HNI on 02/03/2012 at an average price of $28 a share.

Hni Corp. has a market cap of $1.29 billion; its shares were traded at around $28.8 with a P/E ratio of 27.9 and P/S ratio of 0.7. The dividend yield of Hni Corp. stocks is 3.2%.


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




Directors and Officers Recent Trades:


  • Treas. & VP, Corp. Finance Derek P Schmidt bought 1,000 shares of HNI stock on 08/30/2011 at the average price of 20.32. Derek P Schmidt owns at least 1,000 shares after this. The price of the stock has increased by 41.73% since.
  • Executive VP Jerald K Dittmer sold 6,499 shares of HNI stock on 01/03/2012 at the average price of 27.75. Jerald K Dittmer owns at least 22,503 shares after this. The price of the stock has increased by 3.78% since.
  • Executive VP Jerald K Dittmer sold 5,501 shares of HNI stock on 12/22/2011 at the average price of 27.75. Jerald K Dittmer owns at least 22,503 shares after this. The price of the stock has increased by 3.78% since.


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

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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