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Esterline Technologies Corp. (ESL) CEO Richard Bradley Lawrence buys 1,000 Shares

Sep 14, 2011 | About:
insider
insider
President & CEO of Esterline Technologies Corp. (ESL) Richard Bradley Lawrence buys 1,000 shares of ESL on 09/14/2011 at an average price of $59.73 a share.

Esterline Technologies Corp. has a market cap of $1.81 billion; its shares were traded at around $59.13 with a P/E ratio of 11.2 and P/S ratio of 1.2. Esterline Technologies Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Esterline Technologies Corp. the business predictability rank of 2.5-star.

CFO Recent Trades:


  • VP & CFO Robert David George sold 15,000 shares of ESL stock on 03/28/2011 at the average price of 70.11. Robert David George owns at least 1,000 shares after this. The price of the stock has decreased by 15.66% since.

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




Directors and Officers Recent Trades:


  • Director Delores M Etter bought 1,235 shares of ESL stock on 07/12/2011 at the average price of 81.11. Delores M Etter owns at least 2,255 shares after this. The price of the stock has decreased by 27.1% since.
  • VP Strategy & Technology Stephen R Larson sold 12,000 shares of ESL stock on 05/11/2011 at the average price of 74.21. Stephen R Larson owns at least 2,000 shares after this. The price of the stock has decreased by 20.32% since.
  • Director Robert W Cremin sold 7,693 shares of ESL stock on 03/21/2011 at the average price of 71.59. Robert W Cremin owns at least 6,656 shares after this. The price of the stock has decreased by 17.4% since.


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

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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