Executive Vice Chairman, 10% Owner of First Citizens BancShares Inc. (FCNCA) Frank B Holding buys 1,995 shares of FCNCA on 11/30/2010 at an average price of $195.57 a share.

First Citizens Bancshares Inc. has a market cap of $2.04 billion; its shares were traded at around $195.78 with a P/E ratio of 18.5 and P/S ratio of 1.6. The dividend yield of First Citizens Bancshares Inc. stocks is 0.6%. First Citizens Bancshares Inc. had an annual average earning growth of 9.5% over the past 10 years.

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

CEO Recent Trades:

• Buy: Chairman and CEO Frank B Jr Holding bought 300 shares of FCNCA stock on 02/22/2011 at the average price of 200. Frank B Jr Holding owns at least 145,764 shares after this. The price of the stock has decreased by 2.11% since.

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

Directors and Officers Recent Trades:

• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 340 shares of FCNCA stock on 02/22/2011 at the average price of 200.29. Frank B Holding owns at least 1,213,045 shares after this. The price of the stock has decreased by 2.25% since.
• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 178 shares of FCNCA stock on 02/11/2011 at the average price of 199.81. Frank B Holding owns at least 1,931,319 shares after this. The price of the stock has decreased by 2.02% since.
• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 100 shares of FCNCA stock on 02/10/2011 at the average price of 200.9. Frank B Holding owns at least 1,931,319 shares after this. The price of the stock has decreased by 2.55% since.
• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 1,544 shares of FCNCA stock on 02/10/2011 at the average price of 198.55. Frank B Holding owns at least 1,898,656 shares after this. The price of the stock has decreased by 1.4% since.
• Buy: Executive Vice Chairman, 10% Owner Frank B Holding bought 145 shares of FCNCA stock on 02/08/2011 at the average price of 200.22. Frank B Holding owns at least 1,839,970 shares after this. The price of the stock has decreased by 2.22% since.

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

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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