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CLEARWATER PAPER CP (CLW) CEO Gordon L Jones buys 4,200 Shares

March 16, 2010 | About:
insider

insider

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CEO & President of CLEARWATER PAPER CP (CLW) Gordon L Jones buys 4,200 shares of CLW on 02/22/2010 at an average price of $49.13 a share.

Clearwater Paper Cp has a market cap of $584.2 million; its shares were traded at around $50.9 with a P/E ratio of 9.1 and P/S ratio of 0.5.

CLW is in the portfolios of John Keeley of Keeley Fund Management, Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Buy:: President & CEO Gordon L Jones bought 4,200 shares of CLW stock on 02/22/2010 at the average price of 49.13, the price of the stock has increased by 3.6% since.


CFO Recent Trades:


  • Buy:: VP, Finance & CFO Linda K Massman bought 1,050 shares of CLW stock on 02/22/2010 at the average price of 47.78, the price of the stock has increased by 6.53% since.



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




Directors and Officers Recent Trades:


  • Sell:: Director William T Weyerhaeuser sold 19,024 shares of CLW stock on 11/05/2009 at the average price of 48.39, the price of the stock has increased by 5.19% 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: 3.4/5 (5 votes)

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