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Carriage Services Inc. (CSV) CEO Melvin C Payne sells 5,969 Shares

Sep 27, 2011 | About:
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CEO of Carriage Services Inc. (CSV) Melvin C Payne sells 5,969 shares of CSV on 09/27/2011 at an average price of $5.74 a share.

Carriage Services Inc. has a market cap of $103.3 million; its shares were traded at around $5.61 with a P/E ratio of 10.8 and P/S ratio of 0.6. The dividend yield of Carriage Services Inc. stocks is 1.8%. 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 4,200 shares of CSV stock on 09/21/2011 at the average price of 6. Melvin C Payne owns at least 1,536,809 shares after this. The price of the stock has decreased by 6.5% since.
  • CEO Melvin C Payne sold 9,831 shares of CSV stock on 09/20/2011 at the average price of 6. Melvin C Payne owns at least 1,541,009 shares after this. The price of the stock has decreased by 6.5% since.
  • CEO Melvin C Payne sold 8,507 shares of CSV stock on 08/17/2011 at the average price of 5.24. Melvin C Payne owns at least 1,550,840 shares after this. The price of the stock has increased by 7.06% since.
  • CEO Melvin C Payne sold 3,243 shares of CSV stock on 08/15/2011 at the average price of 5.33. Melvin C Payne owns at least 1,559,347 shares after this. The price of the stock has increased by 5.25% since.
  • CEO Melvin C Payne sold 2,900 shares of CSV stock on 08/12/2011 at the average price of 5.22. Melvin C Payne owns at least 1,562,590 shares after this. The price of the stock has increased by 7.47% 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 increased by 0.9% since.


For the complete insider trading history of CSV, 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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