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TREX (TREX) President and CEO Ronald W Kaplan sells 22,195 Shares

February 17, 2011 | About:
insider

insider

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President and CEO of TREX (TREX) Ronald W Kaplan sells 22,195 shares of TREX on 02/16/2011 at an average price of $26.02 a share.

Trex Company Inc. has a market cap of $417.4 million; its shares were traded at around $27 with a P/E ratio of 142.1 and P/S ratio of 1.4.

Hedge Fund Gurus that owns TREX: Richard Pzena of Pzena Investment Management LLC, Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns TREX: Chuck Royce of Royce& Associates, James Barrow of Barrow, Hanley, Mewhinney & Strauss.


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




Directors and Officers Recent Trades:


  • Buy: Vice President, Sales James Mitchell Cox bought 388 shares of TREX stock on 09/30/2010 at the average price of 16.21. James Mitchell Cox owns at least 128,876 shares after this. The price of the stock has increased by 66.56% since.

  • Sell: CAO, Gen. Counsel & Secretary William R. Gupp sold 450 shares of TREX stock on 02/09/2011 at the average price of 25. William R. Gupp owns at least 35,317 shares after this. The price of the stock has increased by 8% since.

  • Sell: CAO, Gen. Counsel & Secretary William R. Gupp sold 3,600 shares of TREX stock on 01/03/2011 at the average price of 25. William R. Gupp owns at least 37,314 shares after this. The price of the stock has increased by 8% since.



For the complete insider trading history of TREX, click here.

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: 2.9/5 (8 votes)

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