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Aircastle Ltd. (AYR) CEO Ron Wainshal buys 5,000 Shares

August 31, 2010 | About:
gurufocus

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CEO of Aircastle Ltd. (AYR) Ron Wainshal buys 5,000 shares of AYR on 08/31/2010 at an average price of $7.87 a share.

Aircastle Ltd. has a market cap of $626.8 million; its shares were traded at around $7.88 with a P/E ratio of 6.4 and P/S ratio of 1.1. The dividend yield of Aircastle Ltd. stocks is 5.1%.


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




Directors and Officers Recent Trades:


  • Sell: Director Ronald Merriman sold 5,500 shares of AYR stock on 08/24/2010 at the average price of 7.9. Ronald Merriman owns at least 26,622 shares after this. The price of the stock has decreased by 0.25% since.

  • Sell: Director Wesley R Edens sold 3,900,000 shares of AYR stock on 08/18/2010 at the average price of 8.42. Wesley R Edens owns at least 23,035,877 shares after this. The price of the stock has decreased by 6.41% since.

  • Sell: 10% Owner Investment Group Llc Fortress sold 3,900,000 shares of AYR stock on 08/18/2010 at the average price of 8.42. Investment Group Llc Fortress owns at least 22,035,877 shares after this. The price of the stock has decreased by 6.41% since.

  • Sell: Director Ronald Merriman sold 4,500 shares of AYR stock on 08/17/2010 at the average price of 8.95. Ronald Merriman owns at least 32,122 shares after this. The price of the stock has decreased by 11.96% since.

  • Sell: Chief Accounting Officer Aaron Dahlke sold 5,000 shares of AYR stock on 08/16/2010 at the average price of 8.95. Aaron Dahlke owns at least 54,868 shares after this. The price of the stock has decreased by 11.96% 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: 4.4/5 (5 votes)

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