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Trustmark Corp. (TRMK) Chairman & CEO Richard G Hickson sells 35,906 Shares

November 29, 2010 | About:
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insider

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Chairman & CEO of Trustmark Corp. (TRMK) Richard G Hickson sells 35,906 shares of TRMK on 11/24/2010 at an average price of $22.19 a share.

Trustmark Corp. has a market cap of $1.4 billion; its shares were traded at around $21.96 with a P/E ratio of 15.57 and P/S ratio of 2.26. The dividend yield of Trustmark Corp. stocks is 4.19%.

TRMK is in the portfolios of Jim Simons of Renaissance Technologies LLC, Louis Moore Bacon of Moore Capital Management, LP, Chuck Royce of Royce& Associates.

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


CEO Recent Trades:


  • Sell: Chairman & CEO Richard G Hickson sold 8,994 shares of TRMK stock on 11/23/2010 at the average price of 21.92. Richard G Hickson owns at least 114,480 shares after this. The price of the stock has increased by 0.18% since.

  • Sell: Chairman & CEO Richard G Hickson sold 5,100 shares of TRMK stock on 11/09/2010 at the average price of 23.07. Richard G Hickson owns at least 123,474 shares after this. The price of the stock has decreased by 4.81% since.

  • Sell: Chairman & CEO Richard G Hickson sold 50,222 shares of TRMK stock on 10/28/2010 at the average price of 22.19. Richard G Hickson owns at least 128,574 shares after this. The price of the stock has decreased by 1.04% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Daniel A Grafton bought 5,000 shares of TRMK stock on 08/24/2010 at the average price of 19.35. Daniel A Grafton owns at least 18,772 shares after this. The price of the stock has increased by 13.49% since.

  • Sell: Wholly Owned Subsidiary Charles Scott Woods sold 700 shares of TRMK stock on 11/08/2010 at the average price of 23.25. Charles Scott Woods owns at least 23,443 shares after this. The price of the stock has decreased by 5.55% 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


Rating: 5.0/5 (2 votes)

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