Carriage Services Inc. (CSV) CEO Melvin C Payne sells 4,000 Shares

CEO of Carriage Services Inc. (CSV) Melvin C Payne sells 4,000 shares of CSV on 11/18/2011 at an average price of $5.81 a share.

Carriage Services Inc. has a market cap of $105.85 million; its shares were traded at around $5.75 with a P/E ratio of 10.09 and P/S ratio of 0.57. The dividend yield of Carriage Services Inc. stocks is 1.74%. 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 10,800 shares of CSV stock on 11/18/2011 at the average price of 5.82. Melvin C Payne owns at least 1,509,552 shares after this. The price of the stock has decreased by 1.2% since.
• CEO Melvin C Payne sold 1,900 shares of CSV stock on 11/16/2011 at the average price of 5.71. Melvin C Payne owns at least 1,520,352 shares after this. The price of the stock has increased by 0.7% since.
• CEO Melvin C Payne sold 7,100 shares of CSV stock on 11/15/2011 at the average price of 5.74. Melvin C Payne owns at least 1,522,252 shares after this. The price of the stock has increased by 0.17% since.
• CEO Melvin C Payne sold 7,700 shares of CSV stock on 11/11/2011 at the average price of 5.77. Melvin C Payne owns at least 1,532,258 shares after this. The price of the stock has decreased by 0.35% since.
• 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 decreased by 1.54% 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:

• Director David J Decarlo bought 3,571 shares of CSV stock on 11/16/2011 at the average price of 5.73. David J Decarlo owns at least 34,322 shares after this. The price of the stock has increased by 0.35% since.
• Director David J Decarlo bought 6,874 shares of CSV stock on 11/15/2011 at the average price of 5.82. David J Decarlo owns at least 30,751 shares after this. The price of the stock has decreased by 1.2% since.
• Director Donald Douglas Patteson Jr bought 4,900 shares of CSV stock on 11/15/2011 at the average price of 5.7. Donald Douglas Patteson Jr owns at least 24,193 shares after this. The price of the stock has increased by 0.88% since.
• Director David J Decarlo bought 6,861 shares of CSV stock on 11/11/2011 at the average price of 5.84. David J Decarlo owns at least 23,877 shares after this. The price of the stock has decreased by 1.54% since.
• Director Donald Douglas Patteson Jr bought 100 shares of CSV stock on 11/10/2011 at the average price of 5.7. Donald Douglas Patteson Jr owns at least 19,293 shares after this. The price of the stock has increased by 0.88% 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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