Chairman and CEO of Western Alliance Bancorporation (WAL) Robert Gary Sarver sells 150,000 shares of WAL on 10/24/2012 at an average price of $10.58 a share.

Western Alliance Bancorporation has a market cap of $907.2 million; its shares were traded at around $10.53 with a P/E ratio of 18.5 and P/S ratio of 2.7.

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

CEO Recent Trades:

• Chairman and CEO Robert Gary Sarver sold 150,000 shares of WAL stock on 10/24/2012 at the average price of 10.58. Robert Gary Sarver owns at least 3,130,712 shares after this. The price of the stock has decreased by 0.47% since.

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

Directors and Officers Recent Trades:

• Executive Vice President Duane Ralph Froeschle sold 60,000 shares of WAL stock on 09/14/2012 at the average price of 9.67. Duane Ralph Froeschle owns at least 187,908 shares after this. The price of the stock has increased by 8.89% since.
• Director Marianne Boyd Johnson sold 31,620 shares of WAL stock on 09/14/2012 at the average price of 9.7. Marianne Boyd Johnson owns at least 768,606 shares after this. The price of the stock has increased by 8.56% since.
• Director Marianne Boyd Johnson sold 71,087 shares of WAL stock on 09/13/2012 at the average price of 9.59. Marianne Boyd Johnson owns at least 1,130,581 shares after this. The price of the stock has increased by 9.8% since.
• EVP, Arizona Administration James Harwood Lundy Iii sold 60,617 shares of WAL stock on 09/13/2012 at the average price of 9.51. James Harwood Lundy Iii owns at least 182,698 shares after this. The price of the stock has increased by 10.73% since.
• Executive Vice President Bruce Hendricks sold 27,853 shares of WAL stock on 09/06/2012 at the average price of 9.53. Bruce Hendricks owns at least 85,272 shares after this. The price of the stock has increased by 10.49% since.

For the complete insider trading history of WAL, 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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