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Ducommun Inc. (DCO) President and CEO Anthony J Reardon sells 8,000 Shares

June 23, 2010 | About:
insider

insider

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President and CEO of Ducommun Inc. (DCO) Anthony J Reardon sells 8,000 shares of DCO on 06/16/2010 at an average price of $19.25 a share.

Ducommun Inc. has a market cap of $189.1 million; its shares were traded at around $18.04 with a P/E ratio of 9.7 and P/S ratio of 0.5. The dividend yield of Ducommun Inc. stocks is 1.6%. Ducommun Inc. had an annual average earning growth of 1.8% over the past 10 years.

DCO is in the portfolios of John Buckingham of Al Frank Asset Management, Inc., Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.


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




Directors and Officers Recent Trades:


  • Sell: Director Eugene P Jr Conese sold 2,650 shares of DCO stock on 04/01/2010 at the average price of 21.36. Eugene P Jr Conese owns at least 6,944 shares after this. The price of the stock has decreased by 15.54% since.

  • Sell: Director H Frederick Christie sold 4,500 shares of DCO stock on 03/19/2010 at the average price of 20.76. The price of the stock has decreased by 13.1% 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: 2.0/5 (2 votes)

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