Carriage Services Inc. (CSV) CEO Melvin C Payne sells 2,000 Shares

CEO of Carriage Services Inc. (CSV) Melvin C Payne sells 2,000 shares of CSV on 08/11/2011 at an average price of $5.19 a share.

Carriage Services Inc. has a market cap of $98 million; its shares were traded at around $5.29 with a P/E ratio of 10.3 and P/S ratio of 0.5. The dividend yield of Carriage Services Inc. stocks is 1.9%. Carriage Services Inc. had an annual average earning growth of 7.4% over the past 5 years.

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

CEO Recent Trades:

• CEO Melvin C Payne sold 5,000 shares of CSV stock on 08/10/2011 at the average price of 5.2. Melvin C Payne owns at least 1,567,490 shares after this. The price of the stock has increased by 1.73% since.
• CEO Melvin C Payne sold 6,400 shares of CSV stock on 08/08/2011 at the average price of 5.25. Melvin C Payne owns at least 1,572,490 shares after this. The price of the stock has increased by 0.76% since.
• CEO Melvin C Payne sold 4,200 shares of CSV stock on 08/05/2011 at the average price of 5.45. Melvin C Payne owns at least 1,588,003 shares after this. The price of the stock has decreased by 2.94% since.
• CEO Melvin C Payne sold 4,400 shares of CSV stock on 08/04/2011 at the average price of 5.45. Melvin C Payne owns at least 1,592,203 shares after this. The price of the stock has decreased by 2.94% since.
• CEO Melvin C Payne sold 10,500 shares of CSV stock on 07/05/2011 at the average price of 5.63. Melvin C Payne owns at least 1,597,103 shares after this. The price of the stock has decreased by 6.04% since.

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

Directors and Officers Recent Trades:

• Regional Partner Mark R Bruce sold 3,000 shares of CSV stock on 06/24/2011 at the average price of 5.56. Mark R Bruce owns at least 33,296 shares after this. The price of the stock has decreased by 4.86% since.
• Controller Viki K Blinderman sold 6,428 shares of CSV stock on 03/22/2011 at the average price of 5.35. Viki K Blinderman owns at least 11,584 shares after this. The price of the stock has decreased by 1.12% since.

For the complete insider trading history of CSV, 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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