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EnPro Industries Inc. (NPO) Sr. VP. & CFO William Dries sells 7,529 Shares

December 22, 2009 | About:
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Sr. VP. & CFO of EnPro Industries Inc. (NPO) William Dries sells 7,529 shares of NPO on 12/21/2009 at an average price of $24.43 a share.

EnPro Industries, Inc. is a leader in sealing products, metal polymer bearings, compressor systems and other engineered products for use in critical applications by industries worldwide. Enpro Industries Inc. has a market cap of $511.7 million; its shares were traded at around $25.59 with a P/E ratio of 12.3 and P/S ratio of 0.4. Enpro Industries Inc. had an annual average earning growth of 19.2% over the past 5 years.

NPO is in the portfolios of John Keeley of Keeley Fund Management, Chuck Royce of ROYCE & ASSOCIATES.


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




Directors and Officers Recent Trades:


  • Sell:: Sr. VP, G.C. & Secretary Richard L Magee sold 27,900 shares of NPO stock on 11/23/2009 at the average price of 22.99, the price of the stock has increased by 11.31% since.

  • Sell:: Director William R Holland sold 2,500 shares of NPO stock on 11/11/2009 at the average price of 24.09, the price of the stock has increased by 6.23% since.

  • Sell:: Director William R Holland sold 7,500 shares of NPO stock on 11/11/2009 at the average price of 24.07, the price of the stock has increased by 6.31% since.

  • Sell:: Vice President and Controller Robert D Rehley sold 3,750 shares of NPO stock on 09/24/2009 at the average price of 23.84, the price of the stock has increased by 7.34% since.

  • Sell:: Vice President Donald Pomeroy sold 7,500 shares of NPO stock on 09/23/2009 at the average price of 23.86, the price of the stock has increased by 7.25% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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


Rating: 3.5/5 (6 votes)

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