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Keryx Biopharmaceuticals Inc. (KERX) CEO Ron Bentsur sells 255,560 Shares

December 06, 2010 | About:
insider

insider

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CEO of Keryx Biopharmaceuticals Inc. (KERX) Ron Bentsur sells 255,560 shares of KERX on 12/03/2010 at an average price of $5.04 a share.

Keryx Biopharmaceuticals Inc. has a market cap of $302.2 million; its shares were traded at around $4.94 with and P/S ratio of 12.

CFO Recent Trades:


  • Sell: CFO James F Oliviero Iii sold 1,209 shares of KERX stock on 10/04/2010 at the average price of 4.58. James F Oliviero Iii owns at least 356,832 shares after this. The price of the stock has increased by 7.86% since.

  • Sell: CFO James F Oliviero Iii sold 10,000 shares of KERX stock on 08/20/2010 at the average price of 3.84. James F Oliviero Iii owns at least 358,041 shares after this. The price of the stock has increased by 28.65% since.

  • Sell: CFO James F Oliviero Iii sold 1,213 shares of KERX stock on 07/06/2010 at the average price of 3.35. James F Oliviero Iii owns at least 368,041 shares after this. The price of the stock has increased by 47.46% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Jack Kaye sold 25,000 shares of KERX stock on 09/29/2010 at the average price of 5.02. Jack Kaye owns at least 161,400 shares after this. The price of the stock has decreased by 1.59% 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.

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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."
  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: 3.0/5 (5 votes)

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