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Children's Place Retail Stores Inc. (PLCE) President and CEO Jane T Elfers sells 12,965 Shares

Jan 09, 2012 | About:
insider
insider
President and CEO of Children's Place Retail Stores Inc. (PLCE) Jane T Elfers sells 12,965 shares of PLCE on 01/05/2012 at an average price of $49.66 a share.

Children's Place Retail Stores Inc. has a market cap of $1.22 billion; its shares were traded at around $48.93 with a P/E ratio of 14.87 and P/S ratio of 0.73. Children's Place Retail Stores Inc. had an annual average earning growth of 12.2% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Director Joseph R Gromek bought 6,500 shares of PLCE stock on 08/25/2011 at the average price of 38.97. Joseph R Gromek owns at least 7,876 shares after this. The price of the stock has increased by 25.56% since.
  • EVP, Merchandising & Design Natalie Eve Levy sold 595 shares of PLCE stock on 11/30/2011 at the average price of 53.15. Natalie Eve Levy owns at least 19,903 shares after this. The price of the stock has decreased by 7.94% since.
  • Director Malcolm L Elvey sold 3,000 shares of PLCE stock on 11/22/2011 at the average price of 53.35. Malcolm L Elvey owns at least 2,330 shares after this. The price of the stock has decreased by 8.28% since.
  • Director Malcolm L Elvey sold 6,000 shares of PLCE stock on 10/14/2011 at the average price of 46. Malcolm L Elvey owns at least 2,330 shares after this. The price of the stock has increased by 6.37% since.
  • Director Malcolm L Elvey sold 7,425 shares of PLCE stock on 10/04/2011 at the average price of 46.5. Malcolm L Elvey owns at least 2,330 shares after this. The price of the stock has increased by 5.23% since.


For the complete insider trading history of PLCE, 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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