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HECKMANN CORPORATION (HEK) Chairman & CEO, 10% Owner Richard J Heckmann sells 40,000 Shares

Nov 23, 2011 | About: HEK +2.25%
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Chairman & CEO, 10% Owner of HECKMANN CORPORATION (HEK) Richard J Heckmann sells 40,000 shares of HEK on 11/23/2011 at an average price of $5.93 a share.

Heckmann has a market cap of $640.9 million; its shares were traded at around $5.49 with a P/E ratio of 137.3 and P/S ratio of 13.9.

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


CEO Recent Trades:


  • Chairman & CEO, 10% Owner Richard J Heckmann sold 25,000 shares of HEK stock on 11/21/2011 at the average price of 5.97. Richard J Heckmann owns at least 29,000 shares after this. The price of the stock has decreased by 8.04% since.
  • Chairman & CEO, 10% Owner Richard J Heckmann sold 45,000 shares of HEK stock on 06/02/2011 at the average price of 5.95. Richard J Heckmann owns at least 54,500 shares after this. The price of the stock has decreased by 7.73% since.

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




Directors and Officers Recent Trades:


  • Director Robert Simonds bought 10,000 shares of HEK stock on 06/09/2011 at the average price of 4.81. Robert Simonds owns at least 70,000 shares after this. The price of the stock has increased by 14.14% since.


For the complete insider trading history of HEK, 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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