CEO of Culp, Inc. (CFI) Franklin N Saxon sells 4,000 shares of CFI on 01/28/2013 at an average price of $17.1 a share.

Culp, Inc. has a market cap of $218.4 million; its shares were traded at around $17.79 with a P/E ratio of 13.2 and P/S ratio of 0.8. The dividend yield of Culp, Inc. stocks is 0.5%. Culp, Inc. had an annual average earning growth of 30.6% over the past 5 years.

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

CEO Recent Trades:

• CEO Franklin N Saxon sold 4,000 shares of CFI stock on 01/28/2013 at the average price of 17.1. Franklin N Saxon owns at least 243,355 shares after this. The price of the stock has increased by 4.04% since.
• CEO Franklin N Saxon sold 1,706 shares of CFI stock on 01/11/2013 at the average price of 16.53. Franklin N Saxon owns at least 245,876 shares after this. The price of the stock has increased by 7.62% since.
• CEO Franklin N Saxon sold 2,294 shares of CFI stock on 01/08/2013 at the average price of 16.53. Franklin N Saxon owns at least 247,582 shares after this. The price of the stock has increased by 7.62% since.
• CEO Franklin N Saxon sold 10,900 shares of CFI stock on 01/04/2013 at the average price of 16.13. Franklin N Saxon owns at least 249,876 shares after this. The price of the stock has increased by 10.29% since.
• CEO Franklin N Saxon sold 13,100 shares of CFI stock on 01/02/2013 at the average price of 15.4. Franklin N Saxon owns at least 260,835 shares after this. The price of the stock has increased by 15.52% since.

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

Directors and Officers Recent Trades:

• Chairman of the Board, 10% Owner Robert G Culp Iii sold 40,000 shares of CFI stock on 11/29/2012 at the average price of 13.75. Robert G Culp Iii owns at least 1,982,996 shares after this. The price of the stock has increased by 29.38% since.
• Chairman of the Board, 10% Owner Robert G Culp Iii sold 26,000 shares of CFI stock on 11/27/2012 at the average price of 13. Robert G Culp Iii owns at least 2,022,996 shares after this. The price of the stock has increased by 36.85% since.
• Chairman of the Board, 10% Owner Robert G Culp Iii sold 3,217 shares of CFI stock on 11/21/2012 at the average price of 12.5. Robert G Culp Iii owns at least 2,048,996 shares after this. The price of the stock has increased by 42.32% since.
• Chairman of the Board, 10% Owner Robert G Culp Iii sold 5,350 shares of CFI stock on 11/19/2012 at the average price of 12.5. Robert G Culp Iii owns at least 2,052,666 shares after this. The price of the stock has increased by 42.32% since.
• Chairman of the Board, 10% Owner Robert G Culp Iii sold 14,467 shares of CFI stock on 11/05/2012 at the average price of 12.5. Robert G Culp Iii owns at least 2,057,528 shares after this. The price of the stock has increased by 42.32% since.

For the complete insider trading history of CFI, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool