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ITT Educational Services Inc. (ESI) CEO Kevin M Modany sells 8,831 Shares

Jan 23, 2012 | About:
insider
insider
CEO of ITT Educational Services Inc. (ESI) Kevin M Modany sells 8,831 shares of ESI on 01/19/2012 at an average price of $75 a share.

Itt Educational Services Inc. has a market cap of $1.76 billion; its shares were traded at around $65.85 with a P/E ratio of 5.79 and P/S ratio of 1.1. Itt Educational Services Inc. had an annual average earning growth of 35.5% over the past 10 years. GuruFocus rated Itt Educational Services Inc. the business predictability rank of 4.5-star.


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




Directors and Officers Recent Trades:


  • EVP & Pres ITT Tech Inst Div Eugene W Feichtner sold 13,700 shares of ESI stock on 01/17/2012 at the average price of 65.07. Eugene W Feichtner owns at least 12,273 shares after this. The price of the stock has increased by 1.2% since.
  • EVP & Pres ITT Tech Inst Div Eugene W Feichtner sold 7,400 shares of ESI stock on 01/13/2012 at the average price of 65.01. Eugene W Feichtner owns at least 12,273 shares after this. The price of the stock has increased by 1.29% since.
  • EVP & Pres ITT Tech Inst Div Eugene W Feichtner sold 3,700 shares of ESI stock on 01/11/2012 at the average price of 65.09. Eugene W Feichtner owns at least 12,273 shares after this. The price of the stock has increased by 1.17% since.
  • EVP, Chief Marketing Officer Glenn E Tanner sold 7,500 shares of ESI stock on 01/11/2012 at the average price of 64.59. Glenn E Tanner owns at least 8,654 shares after this. The price of the stock has increased by 1.95% since.


For the complete insider trading history of ESI, 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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