Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Lindsay Corp (LNN) President and CEO Rick Parod sells 45,000 Shares

October 26, 2012 | About:
insider

insider

41 followers
President and CEO of Lindsay Corp (LNN) Rick Parod sells 45,000 shares of LNN on 10/26/2012 at an average price of $74.41 a share.

Lindsay Corp has a market cap of $975.6 million; its shares were traded at around $75.06 with a P/E ratio of 20.5 and P/S ratio of 1.8. The dividend yield of Lindsay Corp stocks is 0.6%. Lindsay Corp had an annual average earning growth of 17% over the past 10 years.

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


CEO Recent Trades:


  • President and CEO Rick Parod sold 45,000 shares of LNN stock on 10/26/2012 at the average price of 74.41. Rick Parod owns at least 171,246 shares after this. The price of the stock has increased by 0.87% since.

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




Directors and Officers Recent Trades:


  • Director Bill Welsh sold 3,038 shares of LNN stock on 10/19/2012 at the average price of 77.66. Bill Welsh owns at least 16,508 shares after this. The price of the stock has decreased by 3.35% since.
  • Director Michael Nahl sold 7,088 shares of LNN stock on 07/19/2012 at the average price of 71.74. Michael Nahl owns at least 6,508 shares after this. The price of the stock has increased by 4.63% since.


For the complete insider trading history of LNN, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

» Take a Free Trial of Premium Membership

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


Rating: 4.5/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.