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STEWART ENTERPRISES, INC. (STEI) CEO Thomas M Kitchen buys 2,000 Shares

Sep 14, 2011 | About:
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insider
CEO of STEWART ENTERPRISES, INC. (STEI) Thomas M Kitchen buys 2,000 shares of STEI on 09/13/2011 at an average price of $5.5 a share.

Stewart Enterprises Inc. has a market cap of $503.6 million; its shares were traded at around $5.53 with a P/E ratio of 15.8 and P/S ratio of 1. The dividend yield of Stewart Enterprises Inc. stocks is 2.5%.

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


CEO Recent Trades:


  • CEO Thomas M Kitchen bought 2,500 shares of STEI stock on 07/08/2011 at the average price of 7.66. Thomas M Kitchen owns at least 334,800 shares after this. The price of the stock has decreased by 27.81% since.

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




Directors and Officers Recent Trades:


  • Director John Elstrott bought 3,000 shares of STEI stock on 07/07/2011 at the average price of 7.7. John Elstrott owns at least 3,000 shares after this. The price of the stock has decreased by 28.18% since.
  • Director Ronald H Patron sold 8,000 shares of STEI stock on 07/07/2011 at the average price of 7.79. Ronald H Patron owns at least 82,270 shares after this. The price of the stock has decreased by 29.01% since.
  • Director Ronald H Patron sold 27,000 shares of STEI stock on 06/30/2011 at the average price of 7.29. Ronald H Patron owns at least 90,270 shares after this. The price of the stock has decreased by 24.14% since.


For the complete insider trading history of STEI, 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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