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Alaska Communications Systems Group Inc. (ALSK) Exec. VP and CFO David Wilson sells 40,250 Shares

March 16, 2011 | About: ALSK +0%
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Exec. VP and CFO of Alaska Communications Systems Group Inc. (ALSK) David Wilson sells 40,250 shares of ALSK on 03/16/2011 at an average price of $9.86 a share.

Alaska Communications Systems Group Inc. has a market cap of $438.8 million; its shares were traded at around $9.81 with a P/E ratio of 54.5 and P/S ratio of 1.3. The dividend yield of Alaska Communications Systems Group Inc. stocks is 8.8%.

This is the annual revenues and earnings per share of ALSK over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ALSK.


CEO Recent Trades:


  • Sell: CEO and President Liane J Pelletier sold 231,944 shares of ALSK stock on 03/08/2011 at the average price of 10.16. Liane J Pelletier owns at least 380,509 shares after this. The price of the stock has decreased by 3.44% since.

CFO Recent Trades:


  • Sell: Exec. VP and CFO David Wilson sold 6,000 shares of ALSK stock on 03/02/2011 at the average price of 9.95. David Wilson owns at least 194,530 shares after this. The price of the stock has decreased by 1.41% since.

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




Directors and Officers Recent Trades:


  • Sell: Director Gary Donahee sold 3,191 shares of ALSK stock on 03/11/2011 at the average price of 10.12. Gary Donahee owns at least 5,651 shares after this. The price of the stock has decreased by 3.06% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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: 3.8/5 (4 votes)

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