Sr VP - CFO of OwensIllinois Inc. (OI) Edward C White sells 6,320 shares of OI on 03/09/2010 at an average price of $31.28 a share.

Owensillinois Inc. has a market cap of $5.3 billion; its shares were traded at around $31.44 with a P/E ratio of 10.7 and P/S ratio of 0.7. Owensillinois Inc. had an annual average earning growth of 4.5% over the past 5 years.

OI is in the portfolios of Andreas Halvorsen of Viking Global Investors LP, David Dreman of Dreman Value Management, RS Investment Management, Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC.

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

CEO Recent Trades:

• Sell:: Board Chair & CEO Albert P L Stroucken sold 11,700 shares of OI stock on 12/03/2009 at the average price of 31.21, the price of the stock has increased by 0.74% since.

CFO Recent Trades:

• Sell:: Sr VP - CFO Edward C White sold 676 shares of OI stock on 02/08/2010 at the average price of 26.52, the price of the stock has increased by 18.55% since.

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

Directors and Officers Recent Trades:

• Buy:: Director David H Y Ho bought 389 shares of OI stock on 01/06/2010 at the average price of 34.33, the price of the stock has decreased by 8.42% since.


• Buy:: Director Helge H Wehmeier bought 786 shares of OI stock on 01/06/2010 at the average price of 34.33, the price of the stock has decreased by 8.42% since.


• Buy:: Director David H Y Ho bought 1,746 shares of OI stock on 10/06/2009 at the average price of 37.31, the price of the stock has decreased by 15.73% since.


• Buy:: Director Helge H Wehmeier bought 564 shares of OI stock on 10/06/2009 at the average price of 37.14, the price of the stock has decreased by 15.35% since.


• Sell:: Sr. VP & General Counsel James W Baehren sold 1,233 shares of OI stock on 02/08/2010 at the average price of 26.62, the price of the stock has increased by 18.11% 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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