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CONSTELLATION ENERGY (CEP) CEO Stephen R Brunner buys 3,000 Shares

August 17, 2010 | About:
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President, CEO and COO of CONSTELLATION ENERGY (CEP) Stephen R Brunner buys 3,000 shares of CEP on 08/17/2010 at an average price of $3.17 a share.

Constellation Energy has a market cap of $74.5 million; its shares were traded at around $3.1 with and P/S ratio of 0.5.

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


CEO Recent Trades:


  • Buy: President, CEO and COO Stephen R Brunner bought 10,000 shares of CEP stock on 03/02/2010 at the average price of 3.37. Stephen R Brunner owns at least 749,882 shares after this. The price of the stock has decreased by 8.01% since.


CFO Recent Trades:


  • Buy: CFO and Treasurer Charles C Ward bought 4,500 shares of CEP stock on 06/18/2010 at the average price of 3.04. Charles C Ward owns at least 303,592 shares after this. The price of the stock has increased by 1.97% since.



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




Directors and Officers Recent Trades:


  • Buy: Chief Acc O & Controller Michael B Hiney bought 2,000 shares of CEP stock on 07/02/2010 at the average price of 2.9. Michael B Hiney owns at least 99,741 shares after this. The price of the stock has increased by 6.9% since.

  • Sell: Director Richard S Langdon sold 7,900 shares of CEP stock on 08/13/2010 at the average price of 3.23. Richard S Langdon owns at least 43,699 shares after this. The price of the stock has decreased by 4.02% 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


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