Executive VP & CFO of Perrigo Company (PRGO) Judy L Brown sells 2,630 shares of PRGO on 03/06/2012 at an average price of $104.04 a share.

Perrigo Company has a market cap of $9.87 billion; its shares were traded at around $105.04 with a P/E ratio of 24.1 and P/S ratio of 3.6. The dividend yield of Perrigo Company stocks is 0.3%. Perrigo Company had an annual average earning growth of 19.3% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2.5-star.

CFO Recent Trades:

• Executive VP & CFO Judy L Brown sold 2,630 shares of PRGO stock on 02/06/2012 at the average price of 92.09. Judy L Brown owns at least 18,133 shares after this. The price of the stock has increased by 14.06% since.
• Executive VP & CFO Judy L Brown sold 2,630 shares of PRGO stock on 01/06/2012 at the average price of 96.21. Judy L Brown owns at least 18,133 shares after this. The price of the stock has increased by 9.18% since.

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

Directors and Officers Recent Trades:

• Senior VP and CIO Thomas Farrington bought 2,098 shares of PRGO stock on 12/12/2011 at the average price of 98.38. Thomas Farrington owns at least 4,001 shares after this. The price of the stock has increased by 6.77% since.
• Executive Vice President PBM Scott F Jamison bought 800 shares of PRGO stock on 10/28/2011 at the average price of 90.15. Scott F Jamison owns at least 800 shares after this. The price of the stock has increased by 16.52% since.
• Director Michael J Jandernoa sold 3,726 shares of PRGO stock on 02/28/2012 at the average price of 97.76. Michael J Jandernoa owns at least 213,092 shares after this. The price of the stock has increased by 7.45% since.
• Chairman Joseph C Papa sold 5,000 shares of PRGO stock on 02/22/2012 at the average price of 93.73. Joseph C Papa owns at least 110,912 shares after this. The price of the stock has increased by 12.07% since.
• Director Laurie Brlas sold 4,650 shares of PRGO stock on 02/17/2012 at the average price of 94.78. Laurie Brlas owns at least 17,313 shares after this. The price of the stock has increased by 10.83% since.

For the complete insider trading history of PRGO, 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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