Executive Chairman of CLARCOR Inc. (CLC) Norman E Johnson sells 11,700 shares of CLC on 09/14/2012 at an average price of $50.06 a share.

Clarcor Inc. has a market cap of $2.5 billion; its shares were traded at around $49.37 with a P/E ratio of 20.2 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 3,300 shares of CLC stock on 09/10/2012 at the average price of 50. Norman E Johnson owns at least 73,114 shares after this. The price of the stock has decreased by 1.26% since.
• Executive Chairman Norman E Johnson sold 24,600 shares of CLC stock on 09/07/2012 at the average price of 50.1. Norman E Johnson owns at least 76,414 shares after this. The price of the stock has decreased by 1.46% since.
• Executive Chairman Norman E Johnson sold 31,000 shares of CLC stock on 09/06/2012 at the average price of 50. Norman E Johnson owns at least 101,014 shares after this. The price of the stock has decreased by 1.26% since.
• VP, General Counsel Richard M Wolfson sold 17,148 shares of CLC stock on 08/03/2012 at the average price of 48.03. Richard M Wolfson owns at least 13,273 shares after this. The price of the stock has increased by 2.79% since.
• Executive Chairman Norman E Johnson sold 65,311 shares of CLC stock on 06/08/2012 at the average price of 50.09. Norman E Johnson owns at least 132,014 shares after this. The price of the stock has decreased by 1.44% 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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