Sr. VP, General Counsel & COO of Avista Corp. (AVA) Marian M Durkin sells 1,300 shares of AVA on 11/04/2010 at an average price of $23.04 a share.

Avista Corp. has a market cap of $1.21 billion; its shares were traded at around $21.94 with a P/E ratio of 14.2 and P/S ratio of 0.8. The dividend yield of Avista Corp. stocks is 4.5%. Avista Corp. had an annual average earning growth of 2.5% over the past 5 years.

AVA is in the portfolios of Kenneth Fisher of Fisher Asset Management, LLC, Mario Gabelli of GAMCO Investors, Jim Simons of Renaissance Technologies LLC.


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

Directors and Officers Recent Trades:

• Buy: Director Jack W Gustavel bought 356 shares of AVA stock on 05/17/2010 at the average price of 20.91. Jack W Gustavel owns at least 35,650 shares after this. The price of the stock has increased by 4.93% since.


• Sell: Vice President, Chief Counsel David J Meyer sold 15,000 shares of AVA stock on 11/03/2010 at the average price of 21.93. David J Meyer owns at least 7,200 shares after this. The price of the stock has increased by 0.05% since.


• Sell: Director R John Taylor sold 18,997 shares of AVA stock on 09/14/2010 at the average price of 20.91. R John Taylor owns at least 8,285 shares after this. The price of the stock has increased by 4.93% since.


• Sell: VP/Chief Information Officer James M Kensok sold 762 shares of AVA stock on 09/01/2010 at the average price of 20.99. James M Kensok owns at least 2,599 shares after this. The price of the stock has increased by 4.53% since.


• Sell: Treasurer Diane C Thoren sold 2,600 shares of AVA stock on 08/31/2010 at the average price of 20.87. Diane C Thoren owns at least 3,110 shares after this. The price of the stock has increased by 5.13% since.

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

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