Chairman of Perrigo Company (PRGO) Joseph C Papa sells 10,000 shares of PRGO on 07/18/2012 at an average price of $114.95 a share.

Perrigo Company has a market cap of $10.72 billion; its shares were traded at around $112.91 with a P/E ratio of 24.3 and P/S ratio of 3.9. 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 increased by 9.09% 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 increased by 8.53% 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 22.61% 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:

• Chairman Joseph C Papa sold 10,000 shares of PRGO stock on 06/20/2012 at the average price of 114.92. Joseph C Papa owns at least 100,000 shares after this. The price of the stock has decreased by 1.75% since.
• Executive VP, General Counsel Todd W Kingma sold 1,000 shares of PRGO stock on 06/07/2012 at the average price of 104.73. Todd W Kingma owns at least 17,689 shares after this. The price of the stock has increased by 7.81% since.
• Director Laurie Brlas sold 6,404 shares of PRGO stock on 06/04/2012 at the average price of 102.19. Laurie Brlas owns at least 17,313 shares after this. The price of the stock has increased by 10.49% since.
• Director Herman Jr Morris sold 425 shares of PRGO stock on 05/31/2012 at the average price of 103.82. Herman Jr Morris owns at least 20,580 shares after this. The price of the stock has increased by 8.76% since.
• Chairman Joseph C Papa sold 15,912 shares of PRGO stock on 05/21/2012 at the average price of 99.22. Joseph C Papa owns at least 100,000 shares after this. The price of the stock has increased by 13.8% 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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