CEO Brett M Johnson bought 10,000 shares of FORD stock on 08/30/2011 at the average price of 2.8. Brett M Johnson owns at least 10,000 shares after this. The price of the stock has decreased by 7.86% since.
CEO Brett M Johnson sold 10,000 shares of FORD stock on 08/31/2011 at the average price of 2.6. The price of the stock has decreased by 0.77% since.
CFO Recent Trades:
CFO James Owen Mckenna Iii bought 375 shares of FORD stock on 09/09/2011 at the average price of 2.71. James Owen Mckenna Iii owns at least 13,925 shares after this. The price of the stock has decreased by 4.8% since.
For the complete insider trading history of FORD, click here.
Why CEOs Are Buying Stocks Of Their Own Companies?
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."
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.
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.
A Ben Graham Net-Net with 19 Straight Years of Profits
May's Ben Graham Net-Net pick has been profitable for 19 straight years. It has 25% of its market cap in cash. And zero debt. Insiders own 48% of the company. We will buy this net-net on Monday.