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Cheniere Energy Inc (LNG) Chairman, CEO & President Charif Souki sells 10,000 Shares

March 03, 2011 | About:
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Chairman, CEO & President of Cheniere Energy Inc (LNG) Charif Souki sells 10,000 shares of LNG on 03/01/2011 at an average price of $10 a share.

Cheniere Energy Inc. has a market cap of $551.6 million; its shares were traded at around $9.57 with and P/S ratio of 3.

Hedge Fund Gurus that owns LNG: John Paulson of Paulson & Co., Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Sell: Chairman, CEO & President Charif Souki sold 10,000 shares of LNG stock on 02/01/2011 at the average price of 7.6. Charif Souki owns at least 681,876 shares after this. The price of the stock has increased by 25.92% since.

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




Directors and Officers Recent Trades:


  • Sell: Sr. VP - International Jean Abiteboul sold 18,000 shares of LNG stock on 02/14/2011 at the average price of 8.59. Jean Abiteboul owns at least 99,250 shares after this. The price of the stock has increased by 11.41% since.
  • Sell: Director John M Deutch sold 10,000 shares of LNG stock on 01/26/2011 at the average price of 6.4. John M Deutch owns at least 96,404 shares after this. The price of the stock has increased by 49.53% since.
  • Sell: Sr. VP - International Jean Abiteboul sold 18,175 shares of LNG stock on 01/18/2011 at the average price of 7.21. Jean Abiteboul owns at least 117,250 shares after this. The price of the stock has increased by 32.73% since.
  • Sell: Director Nuno Brandolini sold 10,000 shares of LNG stock on 01/07/2011 at the average price of 7. Nuno Brandolini owns at least 304,357 shares after this. The price of the stock has increased by 36.71% since.
  • Sell: Sr. VP - Asset Group R Keith Teague sold 5,060 shares of LNG stock on 12/31/2010 at the average price of 5.65. R Keith Teague owns at least 150,423 shares after this. The price of the stock has increased by 69.38% since.


For the complete insider trading history of LNG, 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


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