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Gladstone Investment Corp. (GAIN) COO Terry Lee Brubaker buys 4,300 Shares

October 04, 2010 | About:
insider

insider

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COO of Gladstone Investment Corp. (GAIN) Terry Lee Brubaker buys 4,300 shares of GAIN on 09/30/2010 at an average price of $6.78 a share.

Gladstone Investment Corp. has a market cap of $152.13 million; its shares were traded at around $6.89 with a P/E ratio of 12.3 and P/S ratio of 7.32. The dividend yield of Gladstone Investment Corp. stocks is 6.97%.

GAIN is in the portfolios of Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:


  • Buy: CFO David Hibbert Watson bought 2,000 shares of GAIN stock on 08/11/2010 at the average price of 6.33. David Hibbert Watson owns at least 3,500 shares after this. The price of the stock has increased by 8.85% since.

  • Buy: CFO David Hibbert Watson bought 1,500 shares of GAIN stock on 08/05/2010 at the average price of 6.5. David Hibbert Watson owns at least 1,500 shares after this. The price of the stock has increased by 6% since.



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




Directors and Officers Recent Trades:


  • Buy: Asst. Secretary Michael Licalsi bought 1,000 shares of GAIN stock on 08/11/2010 at the average price of 6.3. Michael Licalsi owns at least 3,500 shares after this. The price of the stock has increased by 9.37% since.

  • Buy: Asst. Secretary Michael Licalsi bought 2,500 shares of GAIN stock on 08/06/2010 at the average price of 6.4. Michael Licalsi owns at least 2,500 shares after this. The price of the stock has increased by 7.66% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 4.5/5 (2 votes)

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