Free 7-day Trial
All Articles and Columns »

Quanta Services Inc. (PWR) Exec Chairman of the Board John R Colson sells 60,000 Shares

Nov 07, 2011 | About:
insider
insider
Exec Chairman of the Board of Quanta Services Inc. (PWR) John R Colson sells 60,000 shares of PWR on 11/04/2011 at an average price of $21.86 a share.

Quanta Services Inc. has a market cap of $4.54 billion; its shares were traded at around $21.91 with a P/E ratio of 39.84 and P/S ratio of 1.16. Quanta Services Inc. had an annual average earning growth of 16.6% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Director Ralph R Disibio bought 1,000 shares of PWR stock on 08/08/2011 at the average price of 15.48. Ralph R Disibio owns at least 23,068 shares after this. The price of the stock has increased by 41.54% since.
  • Director Bruce E Ranck bought 10,000 shares of PWR stock on 08/08/2011 at the average price of 15.53. Bruce E Ranck owns at least 65,592 shares after this. The price of the stock has increased by 41.08% since.
  • Pres. & Chief Oper. Officer James F Oneil bought 5,087 shares of PWR stock on 05/12/2011 at the average price of 19.66. James F Oneil owns at least 62,276 shares after this. The price of the stock has increased by 11.44% since.


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

Tickers in the article:

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


Rate this article:

Rating: 2.7/5 (3 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial