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Intevac Inc. (IVAC) Chairman of the Board Norman H Pond sells 25,516 Shares

February 28, 2011 | About:
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Chairman of the Board of Intevac Inc. (IVAC) Norman H Pond sells 25,516 shares of IVAC on 02/25/2011 at an average price of $12.58 a share.

Intevac Inc. has a market cap of $283.4 million; its shares were traded at around $12.63 with a P/E ratio of 10.27 and P/S ratio of 1.4.

Mutual Fund and Other Gurus that owns IVAC: Jean-Marie Eveillard of First Eagle Investment Management, LLC, John Buckingham of Al Frank Asset Management, Inc., Chuck Royce of Royce& Associates.


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




Directors and Officers Recent Trades:


  • Buy: Director John F Schaefer bought 1,000 shares of IVAC stock on 09/09/2010 at the average price of 9.86. John F Schaefer owns at least 1,000 shares after this. The price of the stock has increased by 28.09% since.

  • Sell: Vice President & General Mgr Joseph Pietras sold 12,500 shares of IVAC stock on 12/09/2010 at the average price of 15.14. The price of the stock has decreased by 16.58% since.

  • Sell: EVP & GM Hard Disk Equipment Michael A Russak sold 733 shares of IVAC stock on 11/11/2010 at the average price of 12.2. The price of the stock has increased by 3.52% since.

  • Sell: Vice President & General Mgr Joseph Pietras sold 8,380 shares of IVAC stock on 11/04/2010 at the average price of 12.5. The price of the stock has increased by 1.04% since.



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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.5/5 (2 votes)

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