Concur Technologies Inc. (CNQR) President & COO Rajeev Singh sells 9,247 Shares

President & COO of Concur Technologies Inc. (CNQR) Rajeev Singh sells 9,247 shares of CNQR on 01/03/2012 at an average price of $51.29 a share.

Concur Technologies Inc. has a market cap of $2.68 billion; its shares were traded at around $49.52 with a P/E ratio of 90.1 and P/S ratio of 7.7. 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 10,000 shares of CNQR stock on 01/03/2012 at the average price of 51.28. Sudhir Steven Singh owns at least 1,124,843 shares after this. The price of the stock has decreased by 3.43% since.
• CEO & Chairman Sudhir Steven Singh sold 15,000 shares of CNQR stock on 12/05/2011 at the average price of 51.73. Sudhir Steven Singh owns at least 1,134,843 shares after this. The price of the stock has decreased by 4.27% 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 12.83% 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 5.36% 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 10.61% 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 6.36% 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 6.63% 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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