President and CEO, 10% Owner of City National Corp. (CYN) Russell D Goldsmith sells 12,510 shares of CYN on 08/15/2012 at an average price of $50.46 a share.

City National Corp has a market cap of $2.69 billion; its shares were traded at around $50.73 with a P/E ratio of 14.6 and P/S ratio of 2.3. The dividend yield of City National Corp stocks is 2%.

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

CEO Recent Trades:

• President and CEO, 10% Owner Russell D Goldsmith sold 4,000 shares of CYN stock on 08/14/2012 at the average price of 50.52. Russell D Goldsmith owns at least 3,572,536 shares after this. The price of the stock has increased by 0.42% since.
• President and CEO, 10% Owner Russell D Goldsmith sold 1,292 shares of CYN stock on 08/13/2012 at the average price of 50.51. Russell D Goldsmith owns at least 3,572,536 shares after this. The price of the stock has increased by 0.44% since.
• President and CEO, 10% Owner Russell D Goldsmith sold 4,400 shares of CYN stock on 08/09/2012 at the average price of 50.82. Russell D Goldsmith owns at least 3,572,536 shares after this. The price of the stock has decreased by 0.18% since.
• President and CEO, 10% Owner Russell D Goldsmith sold 15,000 shares of CYN stock on 08/08/2012 at the average price of 50.62. Russell D Goldsmith owns at least 3,572,536 shares after this. The price of the stock has increased by 0.22% since.
• President and CEO, 10% Owner Russell D Goldsmith sold 30,000 shares of CYN stock on 08/07/2012 at the average price of 50.69. Russell D Goldsmith owns at least 3,572,536 shares after this. The price of the stock has increased by 0.08% since.

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

Directors and Officers Recent Trades:

• Director Bruce Rosenblum bought 500 shares of CYN stock on 04/27/2012 at the average price of 54.64. Bruce Rosenblum owns at least 2,950 shares after this. The price of the stock has decreased by 7.16% since.
• EVP, General Counsel, Sect. Michael B Cahill sold 3,750 shares of CYN stock on 08/03/2012 at the average price of 50.21. Michael B Cahill owns at least 26,705 shares after this. The price of the stock has increased by 1.04% since.
• EVP, General Counsel, Sect. Michael B Cahill sold 3,750 shares of CYN stock on 03/19/2012 at the average price of 54.5. Michael B Cahill owns at least 26,621 shares after this. The price of the stock has decreased by 6.92% since.

For the complete insider trading history of CYN, 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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