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Denbury Resources Inc (DNR) SVP, COO Kenneth Craig Mcpherson buys 1,222 Shares

January 03, 2013 | About:
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SVP, COO of Denbury Resources Inc (DNR) Kenneth Craig Mcpherson buys 1,222 shares of DNR on 12/31/2012 at an average price of $16.12 a share.

Denbury Resources Inc has a market cap of $6.27 billion; its shares were traded at around $16.52 with a P/E ratio of 10.3 and P/S ratio of 2.6. Denbury Resources Inc had an annual average earning growth of 11.9% over the past 10 years.


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




Directors and Officers Recent Trades:


  • VP & Chief Accounting Officer Alan Rhoades bought 726 shares of DNR stock on 12/31/2012 at the average price of 16.12. Alan Rhoades owns at least 87,491 shares after this. The price of the stock has increased by 2.48% since.
  • SVP, COO Kenneth Craig Mcpherson bought 1,222 shares of DNR stock on 12/31/2012 at the average price of 16.12. Kenneth Craig Mcpherson owns at least 103,468 shares after this. The price of the stock has increased by 2.48% since.
  • Director Gareth Roberts sold 484,044 shares of DNR stock on 11/16/2012 at the average price of 14.33. Gareth Roberts owns at least 1,495,792 shares after this. The price of the stock has increased by 15.28% since.
  • Director Greg Mcmichael sold 7,000 shares of DNR stock on 09/27/2012 at the average price of 16.48. Greg Mcmichael owns at least 20,535 shares after this. The price of the stock has increased by 0.24% since.


For the complete insider trading history of DNR, 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


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