Chairman, President and CEO of Public Service Enterprise Group (PEG) Ralph Izzo sells 19,588 shares of PEG on 02/16/2012 at an average price of $31 a share.

Public Service Enterprise Group has a market cap of $15.44 billion; its shares were traded at around $31.48 with a P/E ratio of 10.6 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 19,270 shares of PEG stock on 01/03/2012 at the average price of 32.45. Ralph Izzo owns at least 261,756 shares after this. The price of the stock has decreased by 2.99% 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 3.05% 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 3.02% 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 3.02% since.
• Chairman, President and CEO Ralph Izzo sold 1,400 shares of PEG stock on 01/03/2012 at the average price of 32.45. Ralph Izzo owns at least 297,379 shares after this. The price of the stock has decreased by 2.99% 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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