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OwensIllinois Inc. (OI) CEO Albert P L Stroucken buys 121,200 Shares

Sep. 09, 2011 | About:
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Board Chair & CEO of OwensIllinois Inc. (OI) Albert P L Stroucken buys 121,200 shares of OI on 09/09/2011 at an average price of $16.56 a share.

Owensillinois Inc. has a market cap of $2.85 billion; its shares were traded at around $17.34 with a P/E ratio of 7.2 and P/S ratio of 0.4.

CFO Recent Trades:


  • Sr VP - CFO Edward C White sold 13,000 shares of OI stock on 03/16/2011 at the average price of 29.26. Edward C White owns at least 106,848 shares after this. The price of the stock has decreased by 40.74% since.
  • Sr VP - CFO Edward C White sold 60,336 shares of OI stock on 03/16/2011 at the average price of 29.29. Edward C White owns at least 95,819 shares after this. The price of the stock has decreased by 40.8% since.

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




Directors and Officers Recent Trades:


  • Director Helge H Wehmeier bought 5,000 shares of OI stock on 08/15/2011 at the average price of 18.47. Helge H Wehmeier owns at least 40,766 shares after this. The price of the stock has decreased by 6.12% since.
  • Director Helge H Wehmeier bought 900 shares of OI stock on 07/14/2011 at the average price of 25.81. Helge H Wehmeier owns at least 35,766 shares after this. The price of the stock has decreased by 32.82% since.
  • Director David H Y Ho bought 620 shares of OI stock on 07/14/2011 at the average price of 25.8. David H Y Ho owns at least 13,289 shares after this. The price of the stock has decreased by 32.79% since.
  • Director Jay L Geldmacher bought 1,397 shares of OI stock on 05/20/2011 at the average price of 31.95. Jay L Geldmacher owns at least 10,190 shares after this. The price of the stock has decreased by 45.73% since.
  • Director Jay L Geldmacher bought 694 shares of OI stock on 05/05/2011 at the average price of 31.19. Jay L Geldmacher owns at least 8,793 shares after this. The price of the stock has decreased by 44.41% since.


For the complete insider trading history of OI, 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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