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CAS Medical Systems Inc. (CASM) CEO Thomas M Patton buys 20,000 Shares

December 08, 2010 | About:
gurufocus

insider

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PRESIDENT & CEO of CAS Medical Systems Inc. (CASM) Thomas M Patton buys 20,000 shares of CASM on 12/07/2010 at an average price of $2.9 a share.

Cas Medical Systems Inc. has a market cap of $40.5 million; its shares were traded at around $3.02 with and P/S ratio of 1.2.

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


CEO Recent Trades:


  • Buy: PRESIDENT & CEO Thomas M Patton bought 30,000 shares of CASM stock on 12/02/2010 at the average price of 2.9. Thomas M Patton owns at least 458,300 shares after this. The price of the stock has increased by 4.14% since.

  • Buy: PRESIDENT & CEO Thomas M Patton bought 28,300 shares of CASM stock on 11/22/2010 at the average price of 2.82. Thomas M Patton owns at least 428,300 shares after this. The price of the stock has increased by 7.09% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Louis P Scheps sold 30,000 shares of CASM stock on 12/02/2010 at the average price of 2.9. Louis P Scheps owns at least 161,656 shares after this. The price of the stock has increased by 4.14% 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: 3.5/5 (4 votes)

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