Chairman of Perrigo Company (PRGO) Joseph C Papa sells 15,000 shares of PRGO on 10/10/2012 at an average price of $117.37 a share.

Perrigo Company has a market cap of $11.21 billion; its shares were traded at around $117.94 with a P/E ratio of 24 and P/S ratio of 3.5. The dividend yield of Perrigo Company stocks is 0.3%. Perrigo Company had an annual average earning growth of 19.5% over the past 10 years. GuruFocus rated Perrigo Company the business predictability rank of 2-star.

CFO Recent Trades:

• Executive VP & CFO Judy L Brown sold 2,679 shares of PRGO stock on 10/08/2012 at the average price of 119.24. Judy L Brown owns at least 18,133 shares after this. The price of the stock has decreased by 1.09% since.
• Executive VP & CFO Judy L Brown sold 2,678 shares of PRGO stock on 09/06/2012 at the average price of 110.81. Judy L Brown owns at least 18,133 shares after this. The price of the stock has increased by 6.43% since.
• Executive VP & CFO Judy L Brown sold 12,180 shares of PRGO stock on 08/28/2012 at the average price of 110.65. Judy L Brown owns at least 18,133 shares after this. The price of the stock has increased by 6.59% 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 sold 926 shares of PRGO stock on 10/04/2012 at the average price of 120. Thomas Farrington owns at least 2,773 shares after this. The price of the stock has decreased by 1.72% since.
• Executive VP, General Counsel Todd W Kingma sold 3,565 shares of PRGO stock on 09/25/2012 at the average price of 117.28. Todd W Kingma owns at least 21,851 shares after this. The price of the stock has increased by 0.56% since.
• Chairman Joseph C Papa sold 15,000 shares of PRGO stock on 09/21/2012 at the average price of 116.59. Joseph C Papa owns at least 115,645 shares after this. The price of the stock has increased by 1.16% since.
• Sr. VP Commercial Business Dev Jeffrey Needham sold 11,304 shares of PRGO stock on 08/30/2012 at the average price of 110.07. Jeffrey Needham owns at least 5,188 shares after this. The price of the stock has increased by 7.15% since.
• Senior VP and CIO Thomas Farrington sold 4,844 shares of PRGO stock on 08/30/2012 at the average price of 109.94. Thomas Farrington owns at least 2,773 shares after this. The price of the stock has increased by 7.28% 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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