President and CEO of Tesco Corporation (TESO) Julio M Quintana sells 8,487 shares of TESO on 12/07/2012 at an average price of $10.63 a share.

Tesco Corporation has a market cap of $417.7 million; its shares were traded at around $10.38 with a P/E ratio of 8.8 and P/S ratio of 0.7. Tesco Corporation had an annual average earning growth of 18.5% over the past 10 years.

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

CEO Recent Trades:

• President and CEO Julio M Quintana sold 8,487 shares of TESO stock on 12/07/2012 at the average price of 10.63. Julio M Quintana owns at least 184,226 shares after this. The price of the stock has decreased by 2.35% since.
• President and CEO Julio M Quintana sold 6,637 shares of TESO stock on 11/14/2012 at the average price of 10. Julio M Quintana owns at least 168,090 shares after this. The price of the stock has increased by 3.8% since.

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

Directors and Officers Recent Trades:

• VP, Mfg & Surf Prod Eng Jonathan Brian O'blenes sold 8,403 shares of TESO stock on 12/04/2012 at the average price of 10.72. Jonathan Brian O'blenes owns at least 5,689 shares after this. The price of the stock has decreased by 3.17% since.
• VP, Mfg & Surf Prod Eng Jonathan Brian O'blenes sold 649 shares of TESO stock on 11/14/2012 at the average price of 9.62. Jonathan Brian O'blenes owns at least 9,263 shares after this. The price of the stock has increased by 7.9% since.
• SVP, Gen Counsel & Corp Sec Mihial Dean Ferris sold 2,900 shares of TESO stock on 08/10/2012 at the average price of 11.28. Mihial Dean Ferris owns at least 7,641 shares after this. The price of the stock has decreased by 7.98% since.

For the complete insider trading history of TESO, 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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