Tesco Corp. (TESO) Senior V.P. & CFO Robert L Kayl sells 3,541 Shares

Senior V.P. & CFO of Tesco Corp. (TESO) Robert L Kayl sells 3,541 shares of TESO on 11/23/2011 at an average price of $11.74 a share.

Tesco Corp. has a market cap of $440.7 million; its shares were traded at around $11.54 with a P/E ratio of 25.7 and P/S ratio of 1.1.

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

CEO Recent Trades:

• President and CEO Julio M Quintana sold 6,699 shares of TESO stock on 11/16/2011 at the average price of 12.75. Julio M Quintana owns at least 126,876 shares after this. The price of the stock has decreased by 9.49% since.
• President and CEO Julio M Quintana sold 2,546 shares of TESO stock on 06/09/2011 at the average price of 18.77. Julio M Quintana owns at least 113,320 shares after this. The price of the stock has decreased by 38.52% since.

CFO Recent Trades:

• Senior V.P. & CFO Robert L Kayl sold 1,618 shares of TESO stock on 11/16/2011 at the average price of 12.75. Robert L Kayl owns at least 45,376 shares after this. The price of the stock has decreased by 9.49% since.

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

Directors and Officers Recent Trades:

• VP, Mfg & Surf Prod Eng Jonathan Brian O'blenes sold 651 shares of TESO stock on 11/16/2011 at the average price of 12.75. Jonathan Brian O'blenes owns at least 5,934 shares after this. The price of the stock has decreased by 9.49% since.
• Sr. V.P., Top Drives Jeffrey L Foster sold 1,618 shares of TESO stock on 11/16/2011 at the average price of 12.75. Jeffrey L Foster owns at least 22,343 shares after this. The price of the stock has decreased by 9.49% since.
• VP & Corporate Controller John Mark Dodson sold 798 shares of TESO stock on 11/16/2011 at the average price of 12.75. John Mark Dodson owns at least 3,276 shares after this. The price of the stock has decreased by 9.49% since.
• Sr. VP & COO Fernando Rafael Assing sold 1,618 shares of TESO stock on 11/16/2011 at the average price of 12.75. Fernando Rafael Assing owns at least 18,506 shares after this. The price of the stock has decreased by 9.49% since.
• SVP CASING DRILLING Dietmar Jurgen Neidhardt sold 2,833 shares of TESO stock on 09/13/2011 at the average price of 14.24. Dietmar Jurgen Neidhardt owns at least 530 shares after this. The price of the stock has decreased by 18.96% since.

For the complete insider trading history of TESO, 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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