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Charles & Colvard Ltd (CTHR) CEO Randy N Mccullough buys 2,500 Shares

December 20, 2010 | About:
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President & CEO of Charles & Colvard Ltd (CTHR) Randy N Mccullough buys 2,500 shares of CTHR on 12/16/2010 at an average price of $2.75 a share.

Charles & Colvard Ltd has a market cap of $53.39 million; its shares were traded at around $2.77 with a P/E ratio of 55.4 and P/S ratio of 6.42.

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

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


CEO Recent Trades:


  • Buy: President & CEO Randy N Mccullough bought 2,500 shares of CTHR stock on 11/02/2010 at the average price of 2.08. Randy N Mccullough owns at least 42,500 shares after this. The price of the stock has increased by 33.17% since.

  • Buy: President & CEO Randy N Mccullough bought 5,000 shares of CTHR stock on 08/04/2010 at the average price of 2.34. Randy N Mccullough owns at least 40,000 shares after this. The price of the stock has increased by 18.38% since.



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




Directors and Officers Recent Trades:


  • Buy: Director Ollin B Sykes bought 2,700 shares of CTHR stock on 12/09/2010 at the average price of 2.55. Ollin B Sykes owns at least 896,466 shares after this. The price of the stock has increased by 8.63% since.

  • Buy: Director George R. Cattermole bought 7,000 shares of CTHR stock on 11/23/2010 at the average price of 2.15. George R. Cattermole owns at least 365,430 shares after this. The price of the stock has increased by 28.84% since.

  • Buy: Director Ollin B Sykes bought 18,500 shares of CTHR stock on 11/23/2010 at the average price of 2.14. Ollin B Sykes owns at least 893,766 shares after this. The price of the stock has increased by 29.44% since.

  • Buy: Director Laura C Kendall bought 2,000 shares of CTHR stock on 11/08/2010 at the average price of 2.17. Laura C Kendall owns at least 250,495 shares after this. The price of the stock has increased by 27.65% since.

  • Buy: Director Charles D Lein bought 2,000 shares of CTHR stock on 11/04/2010 at the average price of 2.08. Charles D Lein owns at least 144,653 shares after this. The price of the stock has increased by 33.17% 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: 3.7/5 (3 votes)

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