Chairman of the Board of Karoon Gas Australia Ltd. (KAR) Brian T. Clingen sells 200,892 shares of KAR on 12/11/2012 at an average price of $16.71 a share.

Kar Auction Services, Inc. has a market cap of $3.77 billion; its shares were traded at around $18.43 with and P/S ratio of 918.

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

CEO Recent Trades:

• President & CEO of IAAI Thomas C Obrien sold 4,058 shares of KAR stock on 12/11/2012 at the average price of 16.71. Thomas C Obrien owns at least 23,872 shares after this. The price of the stock has increased by 10.29% since.
• CEO James P Hallett sold 14,573 shares of KAR stock on 12/11/2012 at the average price of 16.71. James P Hallett owns at least 85,727 shares after this. The price of the stock has increased by 10.29% since.

CFO Recent Trades:

• EVP & CFO Eric M. Loughmiller sold 437 shares of KAR stock on 12/11/2012 at the average price of 16.71. Eric M. Loughmiller owns at least 15,473 shares after this. The price of the stock has increased by 10.29% since.

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

Directors and Officers Recent Trades:

• 10% Owner Holdings Ii, Llc Kar sold 15,525,000 shares of KAR stock on 12/11/2012 at the average price of 16.71. Holdings Ii, Llc Kar owns at least 91,328,660 shares after this. The price of the stock has increased by 10.29% since.
• 10% Owner Vi Llc Kep sold 6,585,111 shares of KAR stock on 12/11/2012 at the average price of 16.71. Vi Llc Kep owns at least 38,738,129 shares after this. The price of the stock has increased by 10.29% since.
• EVP, Gen. Counsel & Secretary Rebecca C. Polak sold 1,093 shares of KAR stock on 12/11/2012 at the average price of 16.71. Rebecca C. Polak owns at least 6,427 shares after this. The price of the stock has increased by 10.29% since.
• EVP of International Markets Benjamin Skuy sold 3,644 shares of KAR stock on 12/11/2012 at the average price of 16.71. Benjamin Skuy owns at least 26,436 shares after this. The price of the stock has increased by 10.29% since.
• EVP of Enterprise Optimization David Vignes sold 510 shares of KAR stock on 12/11/2012 at the average price of 16.71. David Vignes owns at least 8,000 shares after this. The price of the stock has increased by 10.29% since.

For the complete insider trading history of KAR, 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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