Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

American Superconductor Corp. (AMSC) Chairman and CEO Gregory J Yurek sells 252,592 Shares

October 13, 2010 | About:
insider

insider

41 followers
Chairman and CEO of American Superconductor Corp. (AMSC) Gregory J Yurek sells 252,592 shares of AMSC on 10/13/2010 at an average price of $37.43 a share.

American Superconductor Corp. has a market cap of $1.73 billion; its shares were traded at around $38.05 with a P/E ratio of 60.4 and P/S ratio of 5.5.

AMSC is in the portfolios of Steven Cohen of SAC Capital Advisors.

This is the annual revenues and earnings per share of AMSC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of AMSC.


CEO Recent Trades:


  • Sell: Chairman and CEO Gregory J Yurek sold 130,930 shares of AMSC stock on 10/08/2010 at the average price of 36.32. Gregory J Yurek owns at least 195,559 shares after this. The price of the stock has increased by 4.76% since.


CFO Recent Trades:


  • Sell: SVP, CFO & Treasurer David A Henry sold 8,000 shares of AMSC stock on 10/06/2010 at the average price of 36.05. David A Henry owns at least 70,158 shares after this. The price of the stock has increased by 5.55% since.

  • Sell: SVP, CFO & Treasurer David A Henry sold 7,500 shares of AMSC stock on 07/12/2010 at the average price of 28.15. David A Henry owns at least 68,124 shares after this. The price of the stock has increased by 35.17% since.

  • Sell: SVP, CFO & Treasurer David A Henry sold 750 shares of AMSC stock on 05/13/2010 at the average price of 30.68. David A Henry owns at least 75,576 shares after this. The price of the stock has increased by 24.02% since.



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




Directors and Officers Recent Trades:


  • Buy: Kevin Douglas bought 500,000 shares of AMSC stock on 10/11/2010 at the average price of 36.12. Kevin Douglas owns at least 6,015,000 shares after this. The price of the stock has increased by 5.34% since.

  • Buy: Kevin Douglas bought 200,000 shares of AMSC stock on 08/19/2010 at the average price of 28.29. Kevin Douglas owns at least 5,002,500 shares after this. The price of the stock has increased by 34.5% since.

  • Buy: Kevin Douglas bought 200,000 shares of AMSC stock on 07/27/2010 at the average price of 32.02. Kevin Douglas owns at least 4,802,500 shares after this. The price of the stock has increased by 18.83% since.

  • Buy: Kevin Douglas bought 200,000 shares of AMSC stock on 05/26/2010 at the average price of 30.08. Kevin Douglas owns at least 4,602,500 shares after this. The price of the stock has increased by 26.5% since.

  • Sell: SVP Global Manufacturing Angelo R Santamaria sold 1,000 shares of AMSC stock on 05/14/2010 at the average price of 30.7. Angelo R Santamaria owns at least 53,367 shares after this. The price of the stock has increased by 23.94% 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.

» Take a Free Trial of Premium Membership

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: 4.1/5 (7 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.