CFO of Beasley Broadcast Group Inc. (BBGI) Caroline Beasley sells 2,000 shares of BBGI on 08/24/2010 at an average price of $3.8 a share.

Beasley Broadcast Group Inc. has a market cap of $85.3 million; its shares were traded at around $3.76 with a P/E ratio of 20.9 and P/S ratio of 0.9.

CFO Recent Trades:

• Sell: CFO Caroline Beasley sold 1,500 shares of BBGI stock on 08/19/2010 at the average price of 4.15. Caroline Beasley owns at least 135,271 shares after this. The price of the stock has decreased by 9.4% since.


• Sell: CFO Caroline Beasley sold 605 shares of BBGI stock on 08/11/2010 at the average price of 5.16. Caroline Beasley owns at least 136,771 shares after this. The price of the stock has decreased by 27.13% since.

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

Directors and Officers Recent Trades:

• Sell: 10% Owner Bradley C Beasley sold 117 shares of BBGI stock on 06/14/2010 at the average price of 6.75. Bradley C Beasley owns at least 58,776 shares after this. The price of the stock has decreased by 44.3% since.


• Sell: 10% Owner Bradley C Beasley sold 2,880 shares of BBGI stock on 06/11/2010 at the average price of 6.29. Bradley C Beasley owns at least 58,893 shares after this. The price of the stock has decreased by 40.22% since.


• Sell: 10% Owner Bradley C Beasley sold 2,332 shares of BBGI stock on 05/28/2010 at the average price of 6.09. Bradley C Beasley owns at least 57,285 shares after this. The price of the stock has decreased by 38.26% since.


• Sell: 10% Owner Bradley C Beasley sold 2,000 shares of BBGI stock on 05/25/2010 at the average price of 6.08. Bradley C Beasley owns at least 59,617 shares after this. The price of the stock has decreased by 38.16% since.


• Sell: 10% Owner Bradley C Beasley sold 2,071 shares of BBGI stock on 05/21/2010 at the average price of 6.16. Bradley C Beasley owns at least 61,617 shares after this. The price of the stock has decreased by 38.96% 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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