President, COO and CLO of Texas Capital Bancshares Inc. (TCBI) C Keith Cargill sells 10,000 shares of TCBI on 04/29/2010 at an average price of $20.34 a share.

Texas Capital Bancshares Inc. has a market cap of $723.5 million; its shares were traded at around $20.01 with a P/E ratio of 33.3 and P/S ratio of 2.6. Texas Capital Bancshares Inc. had an annual average earning growth of 7.6% over the past 5 years.

TCBI is in the portfolios of NWQ Managers of NWQ Investment Management Co, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell:: CEO George F Jr Jones sold 11,718 shares of TCBI stock on 04/28/2010 at the average price of 20.17, the price of the stock has decreased by 0.79% since.


• Sell:: CEO George F Jr Jones sold 19,250 shares of TCBI stock on 02/04/2010 at the average price of 16.78, the price of the stock has increased by 19.25% since.

CFO Recent Trades:

• Sell:: CFO Peter B Bartholow sold 5,000 shares of TCBI stock on 02/22/2010 at the average price of 17.01, the price of the stock has increased by 17.64% since.

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

Directors and Officers Recent Trades:

• Sell:: EVP & Chief Credit Officer John Hudgens sold 5,000 shares of TCBI stock on 04/12/2010 at the average price of 20, the price of the stock has increased by 0.05% since.


• Sell:: Director Joseph M Grant sold 25,000 shares of TCBI stock on 03/05/2010 at the average price of 16.99, the price of the stock has increased by 17.78% since.


• Sell:: Director Joseph M Grant sold 300 shares of TCBI stock on 02/23/2010 at the average price of 17.01, the price of the stock has increased by 17.64% since.


• Sell:: President, COO and CLO C Keith Cargill sold 10,000 shares of TCBI stock on 02/17/2010 at the average price of 16.84, the price of the stock has increased by 18.82% since.

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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