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First Commonwealth Financial Corp. (FCF) CFO Robert E Rout buys 7,000 Shares

March 03, 2010 | About:
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CFO of First Commonwealth Financial Corp. (FCF) Robert E Rout buys 7,000 shares of FCF on 03/03/2010 at an average price of $5.58 a share.

First Commonwealth Financial Corp. has a market cap of $475.4 million; its shares were traded at around $5.59 with and P/S ratio of 1.5. The dividend yield of First Commonwealth Financial Corp. stocks is 2.1%.

FCF is in the portfolios of Manning & Napier Advisors, Inc, Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Buy:: President & CEO John J Dolan bought 5,000 shares of FCF stock on 11/10/2009 at the average price of 4.52, the price of the stock has increased by 23.67% since.

  • Buy:: President & CEO John J Dolan bought 5,000 shares of FCF stock on 10/26/2009 at the average price of 4.99, the price of the stock has increased by 12.02% since.


CFO Recent Trades:


  • Buy:: CFO Robert E Rout bought 3,000 shares of FCF stock on 03/02/2010 at the average price of 5.54, the price of the stock has increased by 0.9% since.



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




Directors and Officers Recent Trades:


  • Buy:: Director Robert J Ventura bought 947 shares of FCF stock on 01/19/2010 at the average price of 4.75, the price of the stock has increased by 17.68% since.

  • Buy:: Chairman David S Dahlmann bought 947 shares of FCF stock on 01/19/2010 at the average price of 4.75, the price of the stock has increased by 17.68% since.

  • Buy:: Chairman of the Board David S Dahlmann bought 10,000 shares of FCF stock on 12/03/2009 at the average price of 4.37, the price of the stock has increased by 27.92% since.

  • Buy:: Director Ray T Charley bought 25,000 shares of FCF stock on 11/30/2009 at the average price of 4.13, the price of the stock has increased by 35.35% since.

  • Buy:: Chairman of the Board David S Dahlmann bought 788 shares of FCF stock on 10/20/2009 at the average price of 5.71, the price of the stock has decreased by 2.1% since.


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


Rating: 3.3/5 (3 votes)

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