Exec VP, CFO of Cheesecake Factory Inc. (CAKE) Doug Benn buys 2,000 shares of CAKE on 02/23/2011 at an average price of $27.26 a share.

Cheesecake Factory Inc. has a market cap of $1.68 billion; its shares were traded at around $28.36 with a P/E ratio of 19.8 and P/S ratio of 1. Cheesecake Factory Inc. had an annual average earning growth of 12.9% over the past 10 years. GuruFocus rated Cheesecake Factory Inc. the business predictability rank of 3.5-star.

Hedge Fund Gurus that owns CAKE: Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates. Mutual Fund and Other Gurus that owns CAKE: John Hussman of Hussman Economtrics Advisors, Inc., Ron Baron of Baron Funds, John Buckingham of Al Frank Asset Management, Inc., Mario Gabelli of GAMCO Investors, Columbia Wanger of Columbia Wanger Asset Management, Robert Olstein of Olstein Financial Alert Fund.


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

Directors and Officers Recent Trades:

• Buy: Director Allen J Bernstein bought 500 shares of CAKE stock on 02/18/2011 at the average price of 24.49. Allen J Bernstein owns at least 1,500 shares after this. The price of the stock has increased by 15.8% since.


• Buy: Director David Bruce Pittaway bought 1,000 shares of CAKE stock on 02/16/2011 at the average price of 29.85. David Bruce Pittaway owns at least 7,000 shares after this. The price of the stock has decreased by 4.99% since.


• Buy: Director Agnieszka Winkler bought 1,000 shares of CAKE stock on 12/01/2010 at the average price of 32.25. Agnieszka Winkler owns at least 2,010 shares after this. The price of the stock has decreased by 12.06% since.


• Sell: Principal Accounting Officer Cheryl Slomann sold 1,279 shares of CAKE stock on 02/22/2011 at the average price of 28.28. Cheryl Slomann owns at least 10,734 shares after this. The price of the stock has increased by 0.28% since.


• Sell: Exec VP, Gen Counsel & Secy Debby R Zurzolo sold 12,000 shares of CAKE stock on 02/16/2011 at the average price of 29.77. Debby R Zurzolo owns at least 32,539 shares after this. The price of the stock has decreased by 4.74% since.

For the complete insider trading history of CAKE, 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

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