Concur Technologies Inc. (CNQR) CEO & Chairman Sudhir Steven Singh sells 15,000 Shares

CEO & Chairman of Concur Technologies Inc. (CNQR) Sudhir Steven Singh sells 15,000 shares of CNQR on 12/05/2011 at an average price of $51.73 a share.

Concur Technologies Inc. has a market cap of $2.82 billion; its shares were traded at around $52.18 with a P/E ratio of 94.8 and P/S ratio of 8.1. Concur Technologies Inc. had an annual average earning growth of 14% over the past 5 years.

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

CEO Recent Trades:

• CEO & Chairman Sudhir Steven Singh sold 2,000 shares of CNQR stock on 06/30/2011 at the average price of 50.11. Sudhir Steven Singh owns at least 1,149,843 shares after this. The price of the stock has increased by 4.13% since.
• CEO & Chairman Sudhir Steven Singh sold 3,000 shares of CNQR stock on 06/29/2011 at the average price of 50.04. Sudhir Steven Singh owns at least 1,151,843 shares after this. The price of the stock has increased by 4.28% since.

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

Directors and Officers Recent Trades:

• Director Randall H Talbot bought 5,000 shares of CNQR stock on 08/01/2011 at the average price of 43.89. Randall H Talbot owns at least 15,189 shares after this. The price of the stock has increased by 18.89% since.
• EVP & GM, Asia Michael L. Eberhard sold 10,190 shares of CNQR stock on 11/30/2011 at the average price of 47. Michael L. Eberhard owns at least 21,633 shares after this. The price of the stock has increased by 11.02% since.
• Director Jeffrey Thomas Mccabe sold 6,000 shares of CNQR stock on 11/29/2011 at the average price of 44.77. Jeffrey Thomas Mccabe owns at least 11,689 shares after this. The price of the stock has increased by 16.55% since.
• EVP Corporate Development John T. Torrey sold 1,100 shares of CNQR stock on 11/21/2011 at the average price of 46.56. John T. Torrey owns at least 5,422 shares after this. The price of the stock has increased by 12.07% since.
• Director Jeffrey T Seely sold 4,375 shares of CNQR stock on 11/18/2011 at the average price of 46.44. The price of the stock has increased by 12.36% since.

For the complete insider trading history of CNQR, 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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