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Questcor Pharmaceuticals, Inc. (QCOR) President & CEO Don M Bailey sells 40,000 Shares

February 20, 2013 | About:
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President & CEO of Questcor Pharmaceuticals, Inc. (QCOR) Don M Bailey sells 40,000 shares of QCOR on 02/19/2013 at an average price of $30.11 a share.

Questcor Pharmaceuticals, Inc. has a market cap of $1.76 billion; its shares were traded at around $29.93 with a P/E ratio of 11.6 and P/S ratio of 4.7. The dividend yield of Questcor Pharmaceuticals, Inc. stocks is 1.3%. Questcor Pharmaceuticals, Inc. had an annual average earning growth of 43.1% over the past 5 years.

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


CEO Recent Trades:


  • President & CEO Don M Bailey sold 40,000 shares of QCOR stock on 02/19/2013 at the average price of 30.11. Don M Bailey owns at least 99,000 shares after this. The price of the stock has decreased by 0.6% since.
  • President & CEO Don M Bailey sold 60,000 shares of QCOR stock on 12/19/2012 at the average price of 30.15. Don M Bailey owns at least 99,000 shares after this. The price of the stock has decreased by 0.73% since.
  • President & CEO Don M Bailey sold 40,000 shares of QCOR stock on 08/27/2012 at the average price of 43.07. Don M Bailey owns at least 218,000 shares after this. The price of the stock has decreased by 30.51% since.

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




Directors and Officers Recent Trades:


  • EVP and CTO David Jeffrey Medeiros bought 55,000 shares of QCOR stock on 11/05/2012 at the average price of 23.92. David Jeffrey Medeiros owns at least 63,028 shares after this. The price of the stock has increased by 25.13% since.
  • Executive VP & CBO Stephen Lahue Cartt bought 10,000 shares of QCOR stock on 11/02/2012 at the average price of 24.17. Stephen Lahue Cartt owns at least 88,198 shares after this. The price of the stock has increased by 23.83% since.
  • Director Mitchell J Md Blutt sold 24,730 shares of QCOR stock on 09/04/2012 at the average price of 47.6. Mitchell J Md Blutt owns at least 220,000 shares after this. The price of the stock has decreased by 37.12% since.


For the complete insider trading history of QCOR, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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