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Lincoln Electric Holdings Inc. (LECO) Senior V.P, CFO & Treasurer Vincent K Petrella sells 5,000 Shares

Feb 07, 2012 | About:
insider
insider
Senior V.P, CFO & Treasurer of Lincoln Electric Holdings Inc. (LECO) Vincent K Petrella sells 5,000 shares of LECO on 02/03/2012 at an average price of $45 a share.

Lincoln Electric Holdings Inc. has a market cap of $3.8 billion; its shares were traded at around $45.35 with a P/E ratio of 19.8 and P/S ratio of 1.8. The dividend yield of Lincoln Electric Holdings Inc. stocks is 1.5%. Lincoln Electric Holdings Inc. had an annual average earning growth of 8.7% over the past 10 years.

CFO Recent Trades:


  • Senior V.P, CFO & Treasurer Vincent K Petrella sold 5,000 shares of LECO stock on 01/20/2012 at the average price of 42.5. Vincent K Petrella owns at least 55,484 shares after this. The price of the stock has increased by 6.71% since.
  • Senior V.P, CFO & Treasurer Vincent K Petrella sold 5,000 shares of LECO stock on 12/05/2011 at the average price of 40. Vincent K Petrella owns at least 55,470 shares after this. The price of the stock has increased by 13.38% since.

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




Directors and Officers Recent Trades:


  • Sr. VP, General Counsel & Secy Frederick G Stueber sold 10,000 shares of LECO stock on 01/10/2012 at the average price of 41.01. Frederick G Stueber owns at least 45,898 shares after this. The price of the stock has increased by 10.58% since.
  • Sr. VP; President, LE N. Am. George D Blankenship sold 19,991 shares of LECO stock on 12/13/2011 at the average price of 38.17. George D Blankenship owns at least 47,572 shares after this. The price of the stock has increased by 18.81% since.
  • V.P., Corporate Controller Gabriel Bruno sold 5,200 shares of LECO stock on 12/09/2011 at the average price of 38.79. Gabriel Bruno owns at least 14,036 shares after this. The price of the stock has increased by 16.91% since.
  • Sr. VP, General Counsel & Secy Frederick G Stueber sold 10,000 shares of LECO stock on 12/05/2011 at the average price of 40.01. Frederick G Stueber owns at least 40 shares after this. The price of the stock has increased by 13.35% since.
  • Director G Russell Lincoln sold 4,000 shares of LECO stock on 09/08/2011 at the average price of 31.9. G Russell Lincoln owns at least 412,394 shares after this. The price of the stock has increased by 42.16% since.


For the complete insider trading history of LECO, 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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