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Ducommun Inc. (DCO) President and CEO Anthony J Reardon sells 7,000 Shares

June 28, 2010 | About:
insider

insider

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President and CEO of Ducommun Inc. (DCO) Anthony J Reardon sells 7,000 shares of DCO on 06/25/2010 at an average price of $18.5 a share.

Ducommun Inc. has a market cap of $192.3 million; its shares were traded at around $18.35 with a P/E ratio of 9.8 and P/S ratio of 0.4. 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 annual revenues and earnings per share of DCO over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of DCO.


CEO Recent Trades:


  • Sell: President and CEO Anthony J Reardon sold 8,000 shares of DCO stock on 06/16/2010 at the average price of 19.25. Anthony J Reardon owns at least 43,318 shares after this. The price of the stock has decreased by 4.68% since.



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 14.09% 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 11.61% 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: 3.5/5 (2 votes)

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