CEO of The Providence Service Corp. (PRSC) Fletcher Jay Mccusker sells 5,000 shares of PRSC on 10/15/2010 at an average price of $17.59 a share.

The Providence Service Corp. has a market cap of $224.66 million; its shares were traded at around $17.36 with a P/E ratio of 9.38 and P/S ratio of 0.28.

PRSC is in the portfolios of Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: CEO Fletcher Jay Mccusker sold 5,000 shares of PRSC stock on 09/15/2010 at the average price of 14.14. Fletcher Jay Mccusker owns at least 72,815 shares after this. The price of the stock has increased by 22.77% since.


• Sell: CEO Fletcher Jay Mccusker sold 5,000 shares of PRSC stock on 08/16/2010 at the average price of 14. Fletcher Jay Mccusker owns at least 77,815 shares after this. The price of the stock has increased by 24% since.


• Sell: CEO Fletcher Jay Mccusker sold 5,000 shares of PRSC stock on 07/15/2010 at the average price of 13.24. Fletcher Jay Mccusker owns at least 82,815 shares after this. The price of the stock has increased by 31.12% since.


• Sell: CEO Fletcher Jay Mccusker sold 10,000 shares of PRSC stock on 05/13/2010 at the average price of 17.92. Fletcher Jay Mccusker owns at least 66,973 shares after this. The price of the stock has decreased by 3.13% since.

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

Directors and Officers Recent Trades:

• Sell: COO Craig A Norris sold 10,000 shares of PRSC stock on 07/06/2010 at the average price of 13.11. Craig A Norris owns at least 26,182 shares after this. The price of the stock has increased by 32.42% since.


• Sell: COO Craig A Norris sold 10,000 shares of PRSC stock on 06/07/2010 at the average price of 15.23. Craig A Norris owns at least 36,182 shares after this. The price of the stock has increased by 13.99% since.


• Sell: Director Richard Singleton sold 9,000 shares of PRSC stock on 06/02/2010 at the average price of 16.07. The price of the stock has increased by 8.03% 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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