SVP & CFO of Celanese Corp. Series A (CE) Steven Sterin sells 75,000 shares of CE on 02/16/2012 at an average price of $51.75 a share.

Celanese Corp. Series A has a market cap of $7.8 billion; its shares were traded at around $51.93 with a P/E ratio of 11.2 and P/S ratio of 1.2. The dividend yield of Celanese Corp. Series A stocks is 0.5%.


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

Directors and Officers Recent Trades:

• Director Martin G Mcguinn bought 2,600 shares of CE stock on 08/22/2011 at the average price of 39.65. Martin G Mcguinn owns at least 70,920 shares after this. The price of the stock has increased by 30.97% since.
• SVP, Human Resources Jacquelyn H Wolf sold 15,000 shares of CE stock on 02/16/2012 at the average price of 50.91. Jacquelyn H Wolf owns at least 22,977 shares after this. The price of the stock has increased by 2% since.
• SVP, Finance Christopher W Jensen sold 10,909 shares of CE stock on 02/15/2012 at the average price of 50.32. Christopher W Jensen owns at least 30,097 shares after this. The price of the stock has increased by 3.2% since.
• COO Doug Madden sold 100,000 shares of CE stock on 02/03/2012 at the average price of 51.45. Doug Madden owns at least 174,370 shares after this. The price of the stock has increased by 0.93% since.
• SVP, Business Strategy Dev. Jay Townsend sold 23,387 shares of CE stock on 10/28/2011 at the average price of 45.31. Jay Townsend owns at least 125,892 shares after this. The price of the stock has increased by 14.61% since.

For the complete insider trading history of CE, 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

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