Chairman, CEO of Buckeye Technologies Inc. (BKI) John B Crowe sells 46,000 shares of BKI on 03/03/2011 at an average price of $26.21 a share.

Buckeye Technologies Inc has a market cap of $1.04 billion; its shares were traded at around $26.37 with a P/E ratio of 19.1 and P/S ratio of 1.4. The dividend yield of Buckeye Technologies Inc stocks is 0.8%. Buckeye Technologies Inc had an annual average earning growth of 9% over the past 10 years.

Hedge Fund Gurus that owns BKI: Bruce Kovner of Caxton Associates, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns BKI: NWQ Managers of NWQ Investment Management Co.


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

Directors and Officers Recent Trades:

• Buy: Director R Howard Cannon bought 25,000 shares of BKI stock on 12/15/2010 at the average price of 20.38. R Howard Cannon owns at least 404,186 shares after this. The price of the stock has increased by 29.39% since.
• Buy: Director R Howard Cannon bought 2,000 shares of BKI stock on 11/29/2010 at the average price of 19.2. R Howard Cannon owns at least 379,186 shares after this. The price of the stock has increased by 37.34% since.
• Buy: Sr VP Specialty Fibers Douglas L Dowdell bought 26,394 shares of BKI stock on 11/22/2010 at the average price of 18.83. Douglas L Dowdell owns at least 64,910 shares after this. The price of the stock has increased by 40.04% since.
• Buy: Director R Howard Cannon bought 3,500 shares of BKI stock on 11/16/2010 at the average price of 17.5. R Howard Cannon owns at least 377,186 shares after this. The price of the stock has increased by 50.69% since.
• Sell: Director George W Bryan sold 4,630 shares of BKI stock on 03/03/2011 at the average price of 26.23. George W Bryan owns at least 26,976 shares after this. The price of the stock has increased by 0.53% since.

For the complete insider trading history of BKI, 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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