President and CEO of Pixelworks Inc. (PXLW) Bruce A Walicek buys 15,000 shares of PXLW on 08/31/2010 at an average price of $2.69 a share.
Pixelworks Inc. has a market cap of $35.6 million; its shares were traded at around $2.64 with a P/E ratio of 13.9 and P/S ratio of 0.6.
PXLW is in the portfolios of Jim Simons of Renaissance Technologies LLC.
CFO Recent Trades:
Buy: VP, CFO & Treasurer Steven L Moore bought 11,000 shares of PXLW stock on 08/13/2010 at the average price of 2.82. Steven L Moore owns at least 52,421 shares after this. The price of the stock has decreased by 6.38% since.
Buy: Director C Scott Gibson bought 15,873 shares of PXLW stock on 08/05/2010 at the average price of 3.15. C Scott Gibson owns at least 47,539 shares after this. The price of the stock has decreased by 16.19% since.
Buy: Director C Scott Gibson bought 3,900 shares of PXLW stock on 04/30/2010 at the average price of 5.1. C Scott Gibson owns at least 23,666 shares after this. The price of the stock has decreased by 48.24% since.
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GuruFocus - Stock Picks and Market Insight of Gurus
Why CEOs Are Buying Stocks Of Their Own Companies?
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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.
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