Co-COO and EVP of Thomas Properties Group Inc. (TPGI) John R Sischo sells 11,270 shares of TPGI on 10/08/2010 at an average price of $3.55 a share.

Thomas Properties Group Inc. has a market cap of $128 million; its shares were traded at around $3.62 with and P/S ratio of 1.1.

TPGI is in the portfolios of Third Avenue Management, Arnold Schneider of Schneider Capital Management, Jim Simons of Renaissance Technologies LLC.


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

Directors and Officers Recent Trades:

• Buy: Executive Vice President Paul S Rutter bought 8,500 shares of TPGI stock on 09/24/2010 at the average price of 3.55. Paul S Rutter owns at least 9,560 shares after this. The price of the stock has increased by 1.97% since.


• Sell: Executive Vice President Thomas S Ricci sold 12,500 shares of TPGI stock on 10/06/2010 at the average price of 3.6. Thomas S Ricci owns at least 400,001 shares after this. The price of the stock has increased by 0.56% since.


• Sell: Co-COO and EVP John R Sischo sold 9,551 shares of TPGI stock on 10/05/2010 at the average price of 3.58. John R Sischo owns at least 373,945 shares after this. The price of the stock has increased by 1.12% since.


• Sell: Executive Vice President Thomas S Ricci sold 15,000 shares of TPGI stock on 10/05/2010 at the average price of 3.61. Thomas S Ricci owns at least 412,501 shares after this. The price of the stock has increased by 0.28% since.


• Sell: Co-COO and EVP John R Sischo sold 5,000 shares of TPGI stock on 09/30/2010 at the average price of 3.55. John R Sischo owns at least 383,496 shares after this. The price of the stock has increased by 1.97% 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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