Dow Jones Newswires | Sara Lee Chief Executive Brenda Barnes on
Friday bought 18,500 shares of her food maker’s stock, a day after the
shares fell 4 percent on the company’s earnings results.

It marked her second-largest open-market buy since she became CEO in
February 2005, according to InsiderScore.com data. Friday’s transaction
was valued at $249,900, or $13.51 a share, according to a regulatory
filing.

Also buying Friday was Chief Financial Officer Marcel Smits. He purchased 15,000 shares for $201,653.

In a conference call Thursday, Barnes admitted she was baffled by the share price drop when quizzed by analysts about the selloff. Sara Lee had beat Wall Street’s profit target and raised its earnings forecast for its June fiscal year.