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Cognex Corporation (CGNX) Chairman of the Board Robert J Shillman sells 157,195 Shares

November 20, 2012 | About:
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Chairman of the Board of Cognex Corporation (CGNX) Robert J Shillman sells 157,195 shares of CGNX on 11/19/2012 at an average price of $33.95 a share.

Cognex Corporation has a market cap of $1.42 billion; its shares were traded at around $33.25 with a P/E ratio of 20.4 and P/S ratio of 4.4. The dividend yield of Cognex Corporation stocks is 1.3%.

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


CEO Recent Trades:


  • CEO& President Robert Willett sold 17,500 shares of CGNX stock on 11/05/2012 at the average price of 36.59. The price of the stock has decreased by 9.13% since.

CFO Recent Trades:


  • Sr. VP F&A, CFO Richard Morin sold 1,586 shares of CGNX stock on 09/11/2012 at the average price of 38.29. Richard Morin owns at least 999 shares after this. The price of the stock has decreased by 13.16% since.

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




Directors and Officers Recent Trades:


  • Chairman of the Board Robert J Shillman sold 157,195 shares of CGNX stock on 11/19/2012 at the average price of 33.95. Robert J Shillman owns at least 3,096,500 shares after this. The price of the stock has decreased by 2.06% since.
  • Chairman of the Board Robert J Shillman sold 9,611 shares of CGNX stock on 11/14/2012 at the average price of 35.02. Robert J Shillman owns at least 3,253,695 shares after this. The price of the stock has decreased by 5.05% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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)

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