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Summer Infant Inc. (SUMR) President & CEO, 10% Owner Jason P Macari sells 9,047 Shares

September 13, 2010 | About:
insider

insider

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President & CEO, 10% Owner of Summer Infant Inc. (SUMR) Jason P Macari sells 9,047 shares of SUMR on 09/10/2010 at an average price of $8.05 a share.

Summer Infant Inc. has a market cap of $121.03 million; its shares were traded at around $7.84 with a P/E ratio of 16.33 and P/S ratio of 0.79.

SUMR is in the portfolios of Whitney Tilson of T2 Partners Management, LP.


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




Directors and Officers Recent Trades:


  • Sell: Exec. VP Product Development Steven W Gibree sold 28,584 shares of SUMR stock on 06/10/2010 at the average price of 6.69. Steven W Gibree owns at least 512,202 shares after this. The price of the stock has increased by 17.19% since.

  • Sell: Exec. VP Product Development Steven W Gibree sold 64,416 shares of SUMR stock on 06/08/2010 at the average price of 6.6. Steven W Gibree owns at least 540,786 shares after this. The price of the stock has increased by 18.79% since.

  • Sell: 10% Owner Partners Small Cap Wynnefield sold 57,200 shares of SUMR stock on 06/02/2010 at the average price of 8.19. Partners Small Cap Wynnefield owns at least 4,322,812 shares after this. The price of the stock has decreased by 4.27% since.

  • Sell: 10% Owner Partners Small Cap Wynnefield sold 225,500 shares of SUMR stock on 04/26/2010 at the average price of 6.41. Partners Small Cap Wynnefield owns at least 4,640,812 shares after this. The price of the stock has increased by 22.31% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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."
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  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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