Concur Technologies Inc. (CNQR) President & COO Rajeev Singh sells 4,753 Shares

President & COO of Concur Technologies Inc. (CNQR) Rajeev Singh sells 4,753 shares of CNQR on 02/02/2012 at an average price of $58.99 a share.

Concur Technologies Inc. has a market cap of $3.18 billion; its shares were traded at around $58.74 with a P/E ratio of 106.8 and P/S ratio of 9.1. 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 increased by 14.55% 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 increased by 13.55% 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:

• President & COO Rajeev Singh sold 19,309 shares of CNQR stock on 01/17/2012 at the average price of 50.34. Rajeev Singh owns at least 82,795 shares after this. The price of the stock has increased by 16.69% since.
• President & COO Rajeev Singh sold 9,247 shares of CNQR stock on 01/03/2012 at the average price of 51.29. Rajeev Singh owns at least 82,795 shares after this. The price of the stock has increased by 14.53% 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 24.98% 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 31.2% 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 26.16% 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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