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Cullen/Frost Bankers Inc. (CFR) Chairman, CEO and President Richard W Jr Evans sells 10,000 Shares

November 30, 2010 | About:
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Chairman, CEO and President of Cullen/Frost Bankers Inc. (CFR) Richard W Jr Evans sells 10,000 shares of CFR on 11/30/2010 at an average price of $53.49 a share.

Cullen/frost Bankers Inc. has a market cap of $3.28 billion; its shares were traded at around $54.13 with a P/E ratio of 16.7 and P/S ratio of 4. The dividend yield of Cullen/frost Bankers Inc. stocks is 3.3%. Cullen/frost Bankers Inc. had an annual average earning growth of 5.9% over the past 10 years.

CFR is in the portfolios of Westport Asset Management, Jim Simons of Renaissance Technologies LLC, Richard Aster Jr of Meridian Fund, Chuck Royce of Royce& Associates.


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




Directors and Officers Recent Trades:


  • Sell: Group Executive Vice President William L Perotti sold 2,000 shares of CFR stock on 11/23/2010 at the average price of 54.49. William L Perotti owns at least 97,530 shares after this. The price of the stock has decreased by 0.66% since.

  • Sell: President David W Beck Jr sold 3,383 shares of CFR stock on 11/15/2010 at the average price of 55.13. David W Beck Jr owns at least 15,639 shares after this. The price of the stock has decreased by 1.81% since.

  • Sell: President Paul Bracher sold 3,000 shares of CFR stock on 11/15/2010 at the average price of 55.24. Paul Bracher owns at least 93,448 shares after this. The price of the stock has decreased by 2.01% since.

  • Sell: Group Executive Vice President Emily Skillman sold 2,133 shares of CFR stock on 11/10/2010 at the average price of 54.88. Emily Skillman owns at least 20,144 shares after this. The price of the stock has decreased by 1.37% since.

  • Sell: Director Ruben M Escobedo sold 425 shares of CFR stock on 11/08/2010 at the average price of 55.28. Ruben M Escobedo owns at least 26,150 shares after this. The price of the stock has decreased by 2.08% 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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