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Knight Trading Group Inc. (KCG) Chairman & CEO Thomas M Joyce sells 50,000 Shares

November 29, 2010 | About:
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Chairman & CEO of Knight Trading Group Inc. (KCG) Thomas M Joyce sells 50,000 shares of KCG on 11/24/2010 at an average price of $13.33 a share.

Knight Trading Group Inc. has a market cap of $1.25 billion; its shares were traded at around $13.2 with a P/E ratio of 10 and P/S ratio of 1.08. Knight Trading Group Inc. had an annual average earning growth of 4.7% over the past 10 years.

KCG is in the portfolios of Chuck Royce of Royce& Associates, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Sell: Chairman & CEO Thomas M Joyce sold 100,000 shares of KCG stock on 11/23/2010 at the average price of 13.2. Thomas M Joyce owns at least 768,640 shares after this. The price of the stock has decreased by 0% since.

  • Sell: Chairman & CEO Thomas M Joyce sold 100,000 shares of KCG stock on 11/19/2010 at the average price of 13.52. Thomas M Joyce owns at least 768,640 shares after this. The price of the stock has decreased by 2.37% since.

  • Sell: Chairman & CEO Thomas M Joyce sold 100,000 shares of KCG stock on 11/17/2010 at the average price of 13.69. Thomas M Joyce owns at least 768,640 shares after this. The price of the stock has decreased by 3.58% 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


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