Executive Vice Chairman, 10% Owner of First Citizens BancShares Inc. (FCNCA) Frank B Holding buys 5,125 shares of FCNCA on 09/30/2010 at an average price of $187.26 a share.

First Citizens Bancshares Inc. has a market cap of $1.93 billion; its shares were traded at around $185.27 with a P/E ratio of 12.6 and P/S ratio of 1.8. The dividend yield of First Citizens Bancshares Inc. stocks is 0.7%. First Citizens Bancshares Inc. had an annual average earning growth of 3.8% over the past 10 years.

FCNCA is in the portfolios of Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors.

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

CEO Recent Trades:

• Buy: Chairman and CEO Frank B Jr Holding bought 300 shares of FCNCA stock on 05/26/2010 at the average price of 195. Frank B Jr Holding owns at least 145,474 shares after this. The price of the stock has decreased by 4.99% since.

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

Directors and Officers Recent Trades:

• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 100 shares of FCNCA stock on 09/27/2010 at the average price of 188.5. Frank B Holding owns at least 2,150,617 shares after this. The price of the stock has decreased by 1.71% since.


• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 195 shares of FCNCA stock on 09/22/2010 at the average price of 190. Frank B Holding owns at least 2,150,617 shares after this. The price of the stock has decreased by 2.49% since.


• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 50 shares of FCNCA stock on 09/15/2010 at the average price of 187.5. Frank B Holding owns at least 2,148,750 shares after this. The price of the stock has decreased by 1.19% since.


• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 50 shares of FCNCA stock on 09/10/2010 at the average price of 187. Frank B Holding owns at least 2,150,750 shares after this. The price of the stock has decreased by 0.93% since.


• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 50 shares of FCNCA stock on 09/08/2010 at the average price of 185. Frank B Holding owns at least 1,891,675 shares after this. The price of the stock has increased by 0.15% 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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