Public Service Enterprise Group (PEG) Chairman, President and CEO Ralph Izzo sells 19,270 Shares

Chairman, President and CEO of Public Service Enterprise Group (PEG) Ralph Izzo sells 19,270 shares of PEG on 01/03/2012 at an average price of $32.45 a share.

Public Service Enterprise Group has a market cap of $15.3 billion; its shares were traded at around $30.25 with a P/E ratio of 10.5 and P/S ratio of 1.3. The dividend yield of Public Service Enterprise Group stocks is 4.5%. Public Service Enterprise Group had an annual average earning growth of 3.8% over the past 10 years.

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

CEO Recent Trades:

• Chairman, President and CEO Ralph Izzo sold 1,600 shares of PEG stock on 01/03/2012 at the average price of 32.42. Ralph Izzo owns at least 297,801 shares after this. The price of the stock has decreased by 6.69% since.
• Chairman, President and CEO Ralph Izzo sold 2,100 shares of PEG stock on 01/03/2012 at the average price of 32.48. Ralph Izzo owns at least 291,478 shares after this. The price of the stock has decreased by 6.87% since.
• Chairman, President and CEO Ralph Izzo sold 1,500 shares of PEG stock on 01/03/2012 at the average price of 32.47. Ralph Izzo owns at least 295,178 shares after this. The price of the stock has decreased by 6.84% since.
• Chairman, President and CEO Ralph Izzo sold 100 shares of PEG stock on 01/03/2012 at the average price of 32.46. Ralph Izzo owns at least 299,701 shares after this. The price of the stock has decreased by 6.81% since.
• Chairman, President and CEO Ralph Izzo sold 601 shares of PEG stock on 01/03/2012 at the average price of 32.46. Ralph Izzo owns at least 298,178 shares after this. The price of the stock has decreased by 6.81% since.

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

Directors and Officers Recent Trades:

• Director Caroline Dorsa bought 2,000 shares of PEG stock on 08/09/2011 at the average price of 29.17. Caroline Dorsa owns at least 28,661 shares after this. The price of the stock has increased by 3.7% since.

For the complete insider trading history of PEG, 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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