Vice Chairman of SGI of Carabella Resources Ltd. (CLR) Jeff B Hume sells 2,600 shares of CLR on 12/21/2012 at an average price of $74.25 a share.

Continental Resources Inc has a market cap of $13.48 billion; its shares were traded at around $73.24 with a P/E ratio of 23.3 and P/S ratio of 8.3.


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

Directors and Officers Recent Trades:

• Vice Chairman of SGI Jeff B Hume sold 2,600 shares of CLR stock on 12/21/2012 at the average price of 74.25. Jeff B Hume owns at least 1,287,857 shares after this. The price of the stock has decreased by 1.36% since.
• Director John T Mcnabb Ii sold 7,666 shares of CLR stock on 11/12/2012 at the average price of 69.94. John T Mcnabb Ii owns at least 10,000 shares after this. The price of the stock has increased by 4.72% since.
• Director John T Mcnabb Ii sold 7,666 shares of CLR stock on 11/12/2012 at the average price of 69.94. John T Mcnabb Ii owns at least 10,000 shares after this. The price of the stock has increased by 4.72% since.
• SVP, Exploration Jack H Stark sold 10,000 shares of CLR stock on 09/13/2012 at the average price of 78.06. Jack H Stark owns at least 225,296 shares after this. The price of the stock has decreased by 6.17% since.
• Director Ellis L Mccain sold 6,600 shares of CLR stock on 09/12/2012 at the average price of 78.46. Ellis L Mccain owns at least 23,055 shares after this. The price of the stock has decreased by 6.65% since.

For the complete insider trading history of CLR, 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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