Executive Chairman of Range Resources Corporation (RRC) John H Pinkerton sells 15,300 shares of RRC on 02/08/2013 at an average price of $72.03 a share.

Range Resources Corporation has a market cap of $11.5 billion; its shares were traded at around $70.84 with a P/E ratio of 130.8 and P/S ratio of 8.9. The dividend yield of Range Resources Corporation stocks is 0.2%. Range Resources Corporation had an annual average earning growth of 7% over the past 10 years.


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

Directors and Officers Recent Trades:

• Executive Chairman John H Pinkerton sold 15,300 shares of RRC stock on 02/08/2013 at the average price of 72.03. John H Pinkerton owns at least 1,864,021 shares after this. The price of the stock has decreased by 1.65% since.
• Executive Chairman John H Pinkerton sold 30,000 shares of RRC stock on 02/06/2013 at the average price of 70.88. John H Pinkerton owns at least 1,879,321 shares after this. The price of the stock has decreased by 0.06% since.
• Sr. Vice President Chad L Stephens sold 11,394 shares of RRC stock on 01/25/2013 at the average price of 68.68. Chad L Stephens owns at least 297,803 shares after this. The price of the stock has increased by 3.15% since.
• Executive Chairman John H Pinkerton sold 10,000 shares of RRC stock on 01/24/2013 at the average price of 69.23. John H Pinkerton owns at least 1,909,321 shares after this. The price of the stock has increased by 2.33% since.
• Executive Chairman John H Pinkerton sold 10,000 shares of RRC stock on 01/22/2013 at the average price of 68.4. John H Pinkerton owns at least 1,919,321 shares after this. The price of the stock has increased by 3.57% since.

For the complete insider trading history of RRC, 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