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(GTLT) CEO Richard Calder buys 5,000 Shares

April 07, 2011 | About: GTLT +0%
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President and CEO of (GTLT) Richard Calder buys 5,000 shares of GTLT on 04/07/2011 at an average price of $1.14 a share.

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


CEO Recent Trades:


  • Buy: President and CEO Richard Calder bought 2,500 shares of GTLT stock on 02/16/2011 at the average price of 1. Richard Calder owns at least 872,628 shares after this.
  • Buy: President and CEO Richard Calder bought 25,000 shares of GTLT stock on 02/16/2011 at the average price of 1. Richard Calder owns at least 872,628 shares after this.

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




Directors and Officers Recent Trades:


  • Buy: Executive Chairman, 10% Owner H Brian Thompson bought 125,000 shares of GTLT stock on 03/15/2011 at the average price of 1.18. H Brian Thompson owns at least 5,419,829 shares after this.


For the complete insider trading history of GTLT, 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


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