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Quiksilver Inc. (ZQK) CFO Joseph Scirocco sells 30,000 Shares

Jan 18, 2012 | About:
insider
insider
CFO of Quiksilver Inc. (ZQK) Joseph Scirocco sells 30,000 shares of ZQK on 01/18/2012 at an average price of $4.25 a share.

Quiksilver Inc. has a market cap of $716.8 million; its shares were traded at around $4.34 with a P/E ratio of 27.2 and P/S ratio of 0.4. Quiksilver Inc. had an annual average earning growth of 0.8% over the past 10 years.

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


CEO Recent Trades:


  • CEO Robert B Jr Mcknight sold 15,590 shares of ZQK stock on 01/18/2012 at the average price of 4.25. Robert B Jr Mcknight owns at least 4,430,625 shares after this. The price of the stock has increased by 2.12% since.

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




Directors and Officers Recent Trades:


  • Chief Administrative Officer Charles S Exon sold 12,035 shares of ZQK stock on 01/18/2012 at the average price of 4.26. Charles S Exon owns at least 811,915 shares after this. The price of the stock has increased by 1.88% since.
  • COO and Global Brand President Craig Stevenson sold 10,455 shares of ZQK stock on 01/18/2012 at the average price of 4.26. Craig Stevenson owns at least 1,094,254 shares after this. The price of the stock has increased by 1.88% since.


For the complete insider trading history of ZQK, 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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