EVP, CFO, Treasurer, Asst Secy of Portfolio Recovery Associates, Inc. (PRAA) Kevin P Stevenson sells 25,037 shares of PRAA on 11/13/2012 at an average price of $95.81 a share.

Portfolio Recovery Associates, Inc. has a market cap of $1.63 billion; its shares were traded at around $94.64 with a P/E ratio of 14.1 and P/S ratio of 3.6. Portfolio Recovery Associates, Inc. had an annual average earning growth of 20.4% over the past 10 years. GuruFocus rated Portfolio Recovery Associates, Inc. the business predictability rank of 4-star.

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

CEO Recent Trades:

• President, CEO, Chairman Steven D Fredrickson sold 12,500 shares of PRAA stock on 09/20/2012 at the average price of 100.95. Steven D Fredrickson owns at least 110,751 shares after this. The price of the stock has decreased by 6.25% since.
• President, CEO, Chairman Steven D Fredrickson sold 20,000 shares of PRAA stock on 08/02/2012 at the average price of 96.43. Steven D Fredrickson owns at least 123,251 shares after this. The price of the stock has decreased by 1.86% since.
• President, CEO, Chairman Steven D Fredrickson sold 9,000 shares of PRAA stock on 06/29/2012 at the average price of 89.15. Steven D Fredrickson owns at least 143,251 shares after this. The price of the stock has increased by 6.16% since.
• President, CEO, Chairman Steven D Fredrickson sold 6,000 shares of PRAA stock on 06/19/2012 at the average price of 82.02. Steven D Fredrickson owns at least 152,251 shares after this. The price of the stock has increased by 15.39% since.

CFO Recent Trades:

• EVP, CFO, Treasurer, Asst Secy Kevin P Stevenson sold 25,037 shares of PRAA stock on 11/13/2012 at the average price of 95.81. Kevin P Stevenson owns at least 49,003 shares after this. The price of the stock has decreased by 1.22% since.
• EVP, CFO, Treasurer, Asst Secy Kevin P Stevenson sold 25,000 shares of PRAA stock on 08/13/2012 at the average price of 95.66. Kevin P Stevenson owns at least 74,040 shares after this. The price of the stock has decreased by 1.07% since.

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

Directors and Officers Recent Trades:

• Director David N Roberts sold 26,907 shares of PRAA stock on 11/02/2012 at the average price of 101.59. David N Roberts owns at least 16,898 shares after this. The price of the stock has decreased by 6.84% since.
• EVP-General Counsel, Secretary Judith S Scott sold 2,000 shares of PRAA stock on 09/07/2012 at the average price of 103.04. Judith S Scott owns at least 12,395 shares after this. The price of the stock has decreased by 8.15% since.
• President -Bankruptcy Services Michael J Petit sold 10,000 shares of PRAA stock on 09/06/2012 at the average price of 100.85. Michael J Petit owns at least 24,142 shares after this. The price of the stock has decreased by 6.16% since.

For the complete insider trading history of PRAA, 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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