Executive Chairman of Hollyfrontier Corp (HFC) Matthew P Clifton sells 115,000 shares of HFC on 03/09/2012 at an average price of $35.91 a share.

Hollyfrontier has a market cap of $6.96 billion; its shares were traded at around $35.88 with a P/E ratio of 5.4 and P/S ratio of 0.5. The dividend yield of Hollyfrontier stocks is 1.2%. Hollyfrontier had an annual average earning growth of 19% over the past 10 years.

This is the annual revenues and earnings per share of HFC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of HFC.

CEO Recent Trades:

• CEO and President Michael Jennings bought 2,000 shares of HFC stock on 11/21/2011 at the average price of 24.11. Michael Jennings owns at least 473,056 shares after this. The price of the stock has increased by 48.82% since.

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

Directors and Officers Recent Trades:

• Director Franklin Myers bought 662 shares of HFC stock on 03/07/2012 at the average price of 32.81. Franklin Myers owns at least 23,600 shares after this. The price of the stock has increased by 9.36% since.
• Director Franklin Myers bought 444 shares of HFC stock on 11/21/2011 at the average price of 23.6. Franklin Myers owns at least 18,338 shares after this. The price of the stock has increased by 52.03% since.
• Director Robert G Mckenzie sold 7,000 shares of HFC stock on 03/07/2012 at the average price of 33.42. Robert G Mckenzie owns at least 54,214 shares after this. The price of the stock has increased by 7.36% since.
• SVP, Refinery Operations James M. Stump sold 50,000 shares of HFC stock on 03/07/2012 at the average price of 33. James M. Stump owns at least 46,836 shares after this. The price of the stock has increased by 8.73% since.
• VP & Controller Scott C Surplus sold 7,400 shares of HFC stock on 03/01/2012 at the average price of 33.73. Scott C Surplus owns at least 31,205 shares after this. The price of the stock has increased by 6.37% since.

For the complete insider trading history of HFC, 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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