John Thomas (Insider Trades), Executive Vice President of Cubic Corp. (CUB), bought 2,000 shares of the company on February 10, 2016. The average price per share was $31.46, for a total transaction of $62,920. Cubic Corp. designs, integrates, and operates systems, products, and services focused in transportation, defense training, and secure communications markets. The company has a market cap of 850.17 million, and a P/S ratio of 0.60.
There were 4 CUB insider transactions, all buys, and amounting to 11,956 total shares in the first two months of 2016. There were no insider trades in 2015, and 6 sells totaling 14,460 shares in 2014. Thomas made one other transaction, a sale of 2,500 shares at an average per share price of $ 53.75. The increase in number and volume of insider trades in 2016 correlates to a decrease in CUB month end price o $30.80 per share. This is the lowest CUB month end price since 2013. CUB Director John Warner (Insider Trades), also increased his stake in the company, buying 9,000 shares at an average per share price of $31.71. For more information about insider trades with CUB, click here. Continue Reading »