COO of CompuCredit Corp. (CCRT) Richard W Gilbert sells 49,287 shares of CCRT on 12/06/2010 at an average price of $6.6 a share.

Compucredit Corp. has a market cap of $234.5 million; its shares were traded at around $6.56 with and P/S ratio of 3.1.

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


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

Directors and Officers Recent Trades:

• Buy: 10% Owner Curve Capital Llc Second bought 10,000 shares of CCRT stock on 11/30/2010 at the average price of 5.9. Curve Capital Llc Second owns at least 4,143,630 shares after this. The price of the stock has increased by 11.19% since.


• Buy: 10% Owner Curve Capital Llc Second bought 15,000 shares of CCRT stock on 09/22/2010 at the average price of 4.94. Curve Capital Llc Second owns at least 4,133,630 shares after this. The price of the stock has increased by 32.79% since.


• Buy: 10% Owner Curve Capital Llc Second bought 25,000 shares of CCRT stock on 09/16/2010 at the average price of 4.64. Curve Capital Llc Second owns at least 4,118,630 shares after this. The price of the stock has increased by 41.38% since.


• Sell: COO Richard W Gilbert sold 49,400 shares of CCRT stock on 12/02/2010 at the average price of 6.4. Richard W Gilbert owns at least 1,002,696 shares after this. The price of the stock has increased by 2.5% since.


• Sell: COO Richard W Gilbert sold 6,713 shares of CCRT stock on 11/30/2010 at the average price of 6.02. Richard W Gilbert owns at least 1,052,096 shares after this. The price of the stock has increased by 8.97% 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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