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Esterline Technologies Corp. (ESL) CFO Robert David George buys 3,500 Shares

Dec 13, 2011 | About:
insider
insider
VP & CFO of Esterline Technologies Corp. (ESL) Robert David George buys 3,500 shares of ESL on 12/13/2011 at an average price of $51.67 a share.

Esterline Technologies Corp. has a market cap of $1.58 billion; its shares were traded at around $51.13 with a P/E ratio of 9.9 and P/S ratio of 1. Esterline Technologies Corp. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Esterline Technologies Corp. the business predictability rank of 2.5-star.

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


CEO Recent Trades:


  • President & CEO Richard Bradley Lawrence bought 1,000 shares of ESL stock on 09/14/2011 at the average price of 59.73. Richard Bradley Lawrence owns at least 1,391 shares after this. The price of the stock has decreased by 14.4% since.

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




Directors and Officers Recent Trades:


  • Director Delores M Etter bought 1,235 shares of ESL stock on 07/12/2011 at the average price of 81.11. Delores M Etter owns at least 2,255 shares after this. The price of the stock has decreased by 36.96% since.


For the complete insider trading history of ESL, 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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