Chairman of the Board, CEO of Furniture Brands International Inc. (FBN) Ralph P Scozzafava buys 25,000 shares of FBN on 02/07/2011 at an average price of $3.87 a share.

Furniture Brands Intl has a market cap of $247.6 million; its shares were traded at around $3.82 with and P/S ratio of 0.2.

Hedge Fund Gurus that owns FBN: Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns FBN: Chuck Royce of Royce& Associates, Chuck Royce of Royce& Associates, HOTCHKIS & WILEY of Hotchkis & Wliey Capital Management LLC.

CFO Recent Trades:

• Buy: Sr VP, CFO Steven G Rolls bought 10,000 shares of FBN stock on 02/07/2011 at the average price of 3.9. Steven G Rolls owns at least 80,145 shares after this. The price of the stock has decreased by 2.05% since.

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

Directors and Officers Recent Trades:

• Buy: Director James M Zimmerman bought 10,000 shares of FBN stock on 02/07/2011 at the average price of 3.9. James M Zimmerman owns at least 25,705 shares after this. The price of the stock has decreased by 2.05% since.


• Buy: Director James M Zimmerman bought 10,000 shares of FBN stock on 02/07/2011 at the average price of 3.9. James M Zimmerman owns at least 25,705 shares after this. The price of the stock has decreased by 2.05% since.


• Buy: President, Designer Brands Daniel R Bradley bought 7,500 shares of FBN stock on 02/07/2011 at the average price of 3.9. Daniel R Bradley owns at least 26,863 shares after this. The price of the stock has decreased by 2.05% since.


• Buy: Sr VP, Gen Counsel, Secretary Jon D Botsford bought 5,000 shares of FBN stock on 02/07/2011 at the average price of 3.88. Jon D Botsford owns at least 48,878 shares after this. The price of the stock has decreased by 1.55% since.

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

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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool