Chairman of Perrigo Company (PRGO) Joseph C Papa sells 15,912 shares of PRGO on 05/21/2012 at an average price of $99.22 a share.

Perrigo Company has a market cap of $9.27 billion; its shares were traded at around $101.01 with a P/E ratio of 21 and P/S ratio of 3.4. The dividend yield of Perrigo Company stocks is 0.3%. Perrigo Company had an annual average earning growth of 18.3% 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 04/09/2012 at the average price of 103.5. Judy L Brown owns at least 18,133 shares after this. The price of the stock has decreased by 2.41% since.
• Executive VP & CFO Judy L Brown sold 2,630 shares of PRGO stock on 03/06/2012 at the average price of 104.04. Judy L Brown owns at least 18,133 shares after this. The price of the stock has decreased by 2.91% since.
• 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 9.69% 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 4.99% 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 2.67% since.
• Chairman Joseph C Papa sold 5,000 shares of PRGO stock on 04/19/2012 at the average price of 106.59. Joseph C Papa owns at least 110,912 shares after this. The price of the stock has decreased by 5.24% since.
• Executive VP, General Counsel Todd W Kingma sold 5,000 shares of PRGO stock on 04/09/2012 at the average price of 103.5. Todd W Kingma owns at least 18,689 shares after this. The price of the stock has decreased by 2.41% since.
• Chairman Joseph C Papa sold 5,000 shares of PRGO stock on 03/22/2012 at the average price of 102.25. Joseph C Papa owns at least 110,912 shares after this. The price of the stock has decreased by 1.21% 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 3.32% 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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