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Adams Golf Inc. (ADGF) President and CEO, 10% Owner Oliver G Iii Brewer sells 14,250 Shares

Jan 04, 2011 | About:
insider
insider
President and CEO, 10% Owner of Adams Golf Inc. (ADGF) Oliver G Iii Brewer sells 14,250 shares of ADGF on 12/31/2010 at an average price of $4.69 a share.

Adams Golf Inc. has a market cap of $35.7 million; its shares were traded at around $4.77 with a P/E ratio of 7.6 and P/S ratio of 0.5.

ADGF is in the portfolios of Mario Gabelli of GAMCO Investors.

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


CEO Recent Trades:


  • Sell: President and CEO, 10% Owner Oliver G Brewer Iii sold 55,000 shares of ADGF stock on 11/29/2010 at the average price of 4.2. Oliver G Brewer Iii owns at least 661,719 shares after this. The price of the stock has increased by 13.57% since.

  • Sell: President and CEO, 10% Owner Oliver G Brewer Iii sold 55,000 shares of ADGF stock on 08/30/2010 at the average price of 3.93. Oliver G Brewer Iii owns at least 574,844 shares after this. The price of the stock has increased by 21.37% since.


CFO Recent Trades:


  • Sell: Interim CFO Pamela J. High sold 4,500 shares of ADGF stock on 10/25/2010 at the average price of 4.44. Pamela J. High owns at least 57,178 shares after this. The price of the stock has increased by 7.43% since.


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


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