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Brightpoint Inc. (CELL) CFO, Brightpoint EMEA Chad Anderson sells 8,240 Shares

February 07, 2011 | About:
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CFO, Brightpoint EMEA of Brightpoint Inc. (CELL) Chad Anderson sells 8,240 shares of CELL on 02/04/2011 at an average price of $12.28 a share.

Brightpoint Inc. has a market cap of $604.91 million; its shares were traded at around $12.19 with a P/E ratio of 13.59 and P/S ratio of 0.19.

Hedge Fund Gurus that owns CELL: Louis Moore Bacon of Moore Capital Management, LP, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns CELL: John Buckingham of Al Frank Asset Management, Inc..

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


CEO Recent Trades:


  • Sell: CEO Robert J Laikin sold 41,995 shares of CELL stock on 12/13/2010 at the average price of 8.82. Robert J Laikin owns at least 353,005 shares after this. The price of the stock has increased by 38.21% since.


CFO Recent Trades:


  • Sell: CFO, Brightpoint EMEA Chad Anderson sold 4,522 shares of CELL stock on 11/05/2010 at the average price of 9.02. Chad Anderson owns at least 306 shares after this. The price of the stock has increased by 35.14% since.



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




Directors and Officers Recent Trades:


  • Buy: Director John F Levy bought 1,000 shares of CELL stock on 11/24/2010 at the average price of 8.75. John F Levy owns at least 1,000 shares after this. The price of the stock has increased by 39.31% since.

  • Sell: Chief Information Officer John Alexander Du Pless Currie sold 13,482 shares of CELL stock on 12/01/2010 at the average price of 8.55. John Alexander Du Pless Currie owns at least 172,340 shares after this. The price of the stock has increased by 42.57% since.

  • Sell: Chief Accounting Officer Vincent Donargo sold 10,471 shares of CELL stock on 11/08/2010 at the average price of 9.11. Vincent Donargo owns at least 14,769 shares after this. The price of the stock has increased by 33.81% since.

  • Sell: Exec VP, Americas - Bus Dev. Alex Paskoff sold 9,196 shares of CELL stock on 11/08/2010 at the average price of 9.02. The price of the stock has increased by 35.14% since.

  • Sell: President, Eur., Mid.E, Africa Anurag Gupta sold 10,951 shares of CELL stock on 11/05/2010 at the average price of 8.85. Anurag Gupta owns at least 30,612 shares after this. The price of the stock has increased by 37.74% since.



For the complete insider trading history of CELL, click here.

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: 5.0/5 (1 vote)

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