DealerTrack Holdings Inc. (TRAK) Chairman, Pres. and CEO Mark F Oneil sells 35,000 Shares

Chairman, Pres. and CEO of DealerTrack Holdings Inc. (TRAK) Mark F Oneil sells 35,000 shares of TRAK on 12/16/2011 at an average price of $26.2 a share.

Dealertrack Holdings Inc. has a market cap of $1.11 billion; its shares were traded at around $26.77 with a P/E ratio of 31.87 and P/S ratio of 4.55.

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

CEO Recent Trades:

• Chairman, Pres. and CEO Mark F Oneil sold 35,000 shares of TRAK stock on 07/18/2011 at the average price of 22.26. Mark F Oneil owns at least 294,146 shares after this. The price of the stock has increased by 20.26% since.
• Chairman, Pres. and CEO John J Jr Mcdonnell sold 2,000 shares of TRAK stock on 07/01/2011 at the average price of 23.19. John J Jr Mcdonnell owns at least 62,686 shares after this. The price of the stock has increased by 15.44% since.

CFO Recent Trades:

• SVP, CFO and CAO Eric Douglas Jacobs sold 30,000 shares of TRAK stock on 11/08/2011 at the average price of 24.46. Eric Douglas Jacobs owns at least 57,912 shares after this. The price of the stock has increased by 9.44% since.
• SVP, CFO and CAO Eric Douglas Jacobs sold 1,250 shares of TRAK stock on 08/09/2011 at the average price of 17.38. Eric Douglas Jacobs owns at least 57,912 shares after this. The price of the stock has increased by 54.03% since.

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

Directors and Officers Recent Trades:

• SVP Solutions Services Grp Rajesh Sundaram sold 15,000 shares of TRAK stock on 12/09/2011 at the average price of 27.5. Rajesh Sundaram owns at least 54,320 shares after this. The price of the stock has decreased by 2.65% since.
• Director John J Jr Mcdonnell sold 2,000 shares of TRAK stock on 12/01/2011 at the average price of 25.63. John J Jr Mcdonnell owns at least 60,825 shares after this. The price of the stock has increased by 4.45% since.
• Director John J Jr Mcdonnell sold 6,000 shares of TRAK stock on 11/07/2011 at the average price of 22.05. John J Jr Mcdonnell owns at least 62,825 shares after this. The price of the stock has increased by 21.41% since.
• SVP Solutions Services Grp Rajesh Sundaram sold 20,000 shares of TRAK stock on 11/07/2011 at the average price of 22.89. Rajesh Sundaram owns at least 56,442 shares after this. The price of the stock has increased by 16.95% since.
• Director Mary A Cirillo sold 17,750 shares of TRAK stock on 10/12/2011 at the average price of 18.68. Mary A Cirillo owns at least 74,910 shares after this. The price of the stock has increased by 43.31% since.

For the complete insider trading history of TRAK, 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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