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EXCEL TRUST INC. (EXL) CEO Gary B Sabin buys 1,700 Shares

August 26, 2010 | About:
insider

insider

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Chairman of the Board / CEO of EXCEL TRUST INC. (EXL) Gary B Sabin buys 1,700 shares of EXL on 08/25/2010 at an average price of $10.94 a share.

Excel Trust Inc. has a market cap of $175.1 million; its shares were traded at around $11.18 with and P/S ratio of 35.1.

EXL is in the portfolios of Pioneer Investments.

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


CEO Recent Trades:


  • Buy: Chairman of the Board / CEO Gary B Sabin bought 5,300 shares of EXL stock on 08/19/2010 at the average price of 10.96. Gary B Sabin owns at least 509,564 shares after this. The price of the stock has increased by 2.01% since.

  • Buy: Chairman of the Board / CEO Gary B Sabin bought 8,000 shares of EXL stock on 06/24/2010 at the average price of 11.98. Gary B Sabin owns at least 504,264 shares after this. The price of the stock has decreased by 6.68% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Robert E Jr Parsons bought 3,000 shares of EXL stock on 04/30/2010 at the average price of 13. Robert E Jr Parsons owns at least 10,143 shares after this. The price of the stock has decreased by 14% 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: 3.4/5 (5 votes)

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