CEO of Knology Inc. (KNOL) Rodger L Johnson sells 299,429 shares of KNOL on 12/07/2009 at an average price of $10.07 a share.

Knology is a facilities-based provider of bundled broadband communications services to residential and business customers in the southeastern United States. Their service offerings include digital and analog cable television, local and long-distance telephone and high-speed Internet access. They deliver their services through interactive broadband networks. Knology Inc. has a market cap of $400.6 million; its shares were traded at around $11.1 with a P/E ratio of 92.5 and P/S ratio of 1.

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

CEO Recent Trades:

• Sell:: CEO Rodger L Johnson sold 299,429 shares of KNOL stock on 12/07/2009 at the average price of 10.05, the price of the stock has increased by 10.45% since.


• Sell:: CEO Rodger L Johnson sold 75,571 shares of KNOL stock on 12/03/2009 at the average price of 10.22, the price of the stock has increased by 8.61% since.

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

Directors and Officers Recent Trades:

• Sell:: President Michael Todd Holt sold 10,000 shares of KNOL stock on 12/10/2009 at the average price of 10.35, the price of the stock has increased by 7.25% since.


• Sell:: VP, Gen Counsel and Secretary Chad S Wachter sold 10,000 shares of KNOL stock on 12/10/2009 at the average price of 10.35, the price of the stock has increased by 7.25% since.


• Sell:: VP, Gen Counsel and Secretary Chad S Wachter sold 20,000 shares of KNOL stock on 12/07/2009 at the average price of 10.09, the price of the stock has increased by 10.01% since.


• Sell:: Executive VP, Operations Bret T Mccants sold 25,000 shares of KNOL stock on 12/07/2009 at the average price of 10.09, the price of the stock has increased by 10.01% since.


• Sell:: President Michael Todd Holt sold 26,592 shares of KNOL stock on 12/07/2009 at the average price of 10.09, the price of the stock has increased by 10.01% since.

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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