Carriage Services Inc. (CSV) CEO Melvin C Payne sells 7,700 Shares

CEO of Carriage Services Inc. (CSV) Melvin C Payne sells 7,700 shares of CSV on 11/11/2011 at an average price of $5.77 a share.

Carriage Services Inc. has a market cap of $107.69 million; its shares were traded at around $5.85 with a P/E ratio of 10.26 and P/S ratio of 0.58. The dividend yield of Carriage Services Inc. stocks is 1.71%. 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 6,500 shares of CSV stock on 11/08/2011 at the average price of 5.84. Melvin C Payne owns at least 1,524,340 shares after this. The price of the stock has increased by 0.17% since.
• CEO Melvin C Payne sold 5,969 shares of CSV stock on 09/27/2011 at the average price of 5.74. Melvin C Payne owns at least 1,530,840 shares after this. The price of the stock has increased by 1.92% since.
• 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 2.5% 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 2.5% 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 11.64% 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:

• EVP of Strategic Development J Bradley Green sold 17,895 shares of CSV stock on 11/08/2011 at the average price of 5.82. J Bradley Green owns at least 107,278 shares after this. The price of the stock has increased by 0.52% since.
• 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 5.22% 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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