Executive Chairman of CLARCOR Inc. (CLC) Norman E Johnson sells 65,311 shares of CLC on 06/08/2012 at an average price of $50.09 a share.

Clarcor Inc has a market cap of $2.53 billion; its shares were traded at around $49.85 with a P/E ratio of 20.4 and P/S ratio of 2.2. The dividend yield of Clarcor Inc stocks is 1%. Clarcor Inc had an annual average earning growth of 7.5% over the past 10 years. GuruFocus rated Clarcor Inc the business predictability rank of 4-star.


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

Directors and Officers Recent Trades:

• Executive Chairman Norman E Johnson sold 42,200 shares of CLC stock on 05/29/2012 at the average price of 50.07. Norman E Johnson owns at least 197,325 shares after this. The price of the stock has decreased by 0.44% since.
• Director Philip R Lochner sold 15,000 shares of CLC stock on 04/02/2012 at the average price of 49.26. Philip R Lochner owns at least 24,234 shares after this. The price of the stock has increased by 1.2% since.
• Director Robert H Jenkins sold 7,500 shares of CLC stock on 03/26/2012 at the average price of 49.72. Robert H Jenkins owns at least 38,030 shares after this. The price of the stock has increased by 0.26% since.
• Director Paul Donovan sold 10,477 shares of CLC stock on 02/01/2012 at the average price of 52.54. Paul Donovan owns at least 5,223 shares after this. The price of the stock has decreased by 5.12% since.
• Executive Chairman Norman E Johnson sold 54,508 shares of CLC stock on 01/30/2012 at the average price of 51.8. Norman E Johnson owns at least 239,525 shares after this. The price of the stock has decreased by 3.76% since.

For the complete insider trading history of CLC, 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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