Chairman of the Board of Intevac Inc. (IVAC) Norman H Pond sells 34,484 shares of IVAC on 02/28/2011 at an average price of $12.62 a share.

Intevac Inc. has a market cap of $286.5 million; its shares were traded at around $12.77 with a P/E ratio of 10.4 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 29.51% since.
• Sell: Chairman of the Board Norman H Pond sold 25,516 shares of IVAC stock on 02/25/2011 at the average price of 12.58. Norman H Pond owns at least 765,673 shares after this. The price of the stock has increased by 1.51% 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 15.65% 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 4.67% 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 2.16% since.

For the complete insider trading history of IVAC, 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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