President and CEO of Tesco Corp. (TESO) Julio M Quintana sells 6,576 shares of TESO on 11/22/2010 at an average price of $13.67 a share.

Tesco Corp. has a market cap of $520.8 million; its shares were traded at around $13.77 with a P/E ratio of 57.4 and P/S ratio of 1.4.

TESO is in the portfolios of Chuck Royce of Royce& Associates, Columbia Wanger of Columbia Wanger Asset Management, Mario Gabelli of GAMCO Investors.

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

CEO Recent Trades:

• Sell: President and CEO Julio M Quintana sold 2,642 shares of TESO stock on 06/08/2010 at the average price of 10.06. Julio M Quintana owns at least 78,377 shares after this. The price of the stock has increased by 36.88% since.

CFO Recent Trades:

• Buy: Senior V.P. & CFO Robert L Kayl bought 5,000 shares of TESO stock on 08/31/2010 at the average price of 9.81. Robert L Kayl owns at least 24,159 shares after this. The price of the stock has increased by 40.37% since.

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

Directors and Officers Recent Trades:

• Sell: SVP CASING DRILLING Dietmar Jurgen Neidhardt sold 2,833 shares of TESO stock on 11/18/2010 at the average price of 13.64. The price of the stock has increased by 0.95% since.


• Sell: Sr. VP, Gen. Coun.& Corp. Sec. James A Lank sold 3,432 shares of TESO stock on 06/14/2010 at the average price of 11.26. The price of the stock has increased by 22.29% since.


• Sell: Sr. V.P., Operations Jeffrey L Foster sold 3,033 shares of TESO stock on 06/11/2010 at the average price of 11.01. Jeffrey L Foster owns at least 4,488 shares after this. The price of the stock has increased by 25.07% since.


• Sell: Sr. VP, Gen. Coun.& Corp. Sec. James A Lank sold 4,800 shares of TESO stock on 06/10/2010 at the average price of 10.9. James A Lank owns at least 3,432 shares after this. The price of the stock has increased by 26.33% 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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