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Advanced Photonix Inc (API) CFO Jeffrey J Anderson buys 5,000 Shares

Sep 07, 2011 | About: API -2.86%
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CFO of Advanced Photonix Inc (API) Jeffrey J Anderson buys 5,000 shares of API on 09/06/2011 at an average price of $0.98 a share.

Advanced Photonix Inc. has a market cap of $29.8 million; its shares were traded at around $0.97 with a P/E ratio of 97 and P/S ratio of 1.

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


CEO Recent Trades:


  • CEO Richard D Kurtz bought 1,000 shares of API stock on 03/16/2011 at the average price of 1.64. Richard D Kurtz owns at least 230,941 shares after this.

CFO Recent Trades:


  • CFO Jeffrey J Anderson bought 9,576 shares of API stock on 09/02/2011 at the average price of 1. Jeffrey J Anderson owns at least 109,776 shares after this.
  • CFO Jeffrey J Anderson bought 200 shares of API stock on 08/31/2011 at the average price of 0.96. Jeffrey J Anderson owns at least 100,200 shares after this.

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




Directors and Officers Recent Trades:


  • Director Donald Pastor bought 15,000 shares of API stock on 08/17/2011 at the average price of 1.02. Donald Pastor owns at least 113,274 shares after this.


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

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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