Vice Chairman of Cerner Corporation (CERN) Clifford W Illig sells 100,000 shares of CERN on 12/14/2012 at an average price of $77.29 a share.

Cerner Corporation has a market cap of $13.4 billion; its shares were traded at around $78.15 with a P/E ratio of 36.2 and P/S ratio of 6.1. Cerner Corporation had an annual average earning growth of 17.3% over the past 10 years. GuruFocus rated Cerner Corporation the business predictability rank of 4-star.

CFO Recent Trades:

• Exec. VP & CFO Marc G Naughton sold 39,168 shares of CERN stock on 11/05/2012 at the average price of 78.53. Marc G Naughton owns at least 37,189 shares after this. The price of the stock has decreased by 0.48% since.

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

Directors and Officers Recent Trades:

• Vice Chairman Clifford W Illig sold 100,000 shares of CERN stock on 12/14/2012 at the average price of 77.29. Clifford W Illig owns at least 7,522,176 shares after this. The price of the stock has increased by 1.11% since.
• Director Gerald E Jr Bisbee sold 5,000 shares of CERN stock on 11/28/2012 at the average price of 76.95. Gerald E Jr Bisbee owns at least 21,000 shares after this. The price of the stock has increased by 1.56% since.
• Vice Chairman Clifford W Illig sold 6,500 shares of CERN stock on 11/20/2012 at the average price of 77.18. Clifford W Illig owns at least 7,586,422 shares after this. The price of the stock has increased by 1.26% since.
• VP & Chief Accounting Officer Michael R. Battaglioli sold 1,200 shares of CERN stock on 11/06/2012 at the average price of 80.02. Michael R. Battaglioli owns at least 764 shares after this. The price of the stock has decreased by 2.34% since.
• Exec VP & COO Michael Nill sold 20,000 shares of CERN stock on 09/14/2012 at the average price of 72.4. Michael Nill owns at least 14,416 shares after this. The price of the stock has increased by 7.94% since.

For the complete insider trading history of CERN, 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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