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MAP PHARMACEUTICALS, INC. (MAPP) CFO Christopher Y Chai sells 32,000 Shares

Sep 22, 2011 | About: MAPP -0.34%
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CFO of MAP PHARMACEUTICALS, INC. (MAPP) Christopher Y Chai sells 32,000 shares of MAPP on 09/20/2011 at an average price of $15.38 a share.

Map Pharmaceuticals Inc. has a market cap of $459.6 million; its shares were traded at around $15.11 with and P/S ratio of 8.5.


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




Directors and Officers Recent Trades:


  • SVP, Cor & Business Dev Anastasios Gianakakos sold 1,500 shares of MAPP stock on 08/01/2011 at the average price of 15.26. Anastasios Gianakakos owns at least 9,316 shares after this. The price of the stock has decreased by 0.98% since.
  • SVP, Cor & Business Dev Anastasios Gianakakos sold 1,500 shares of MAPP stock on 07/01/2011 at the average price of 15.96. Anastasios Gianakakos owns at least 9,316 shares after this. The price of the stock has decreased by 5.33% since.
  • SVP, Cor & Business Dev Anastasios Gianakakos sold 1,500 shares of MAPP stock on 06/01/2011 at the average price of 16.97. Anastasios Gianakakos owns at least 9,316 shares after this. The price of the stock has decreased by 10.96% since.
  • SVP, Cor & Business Dev Anastasios Gianakakos sold 5,000 shares of MAPP stock on 05/09/2011 at the average price of 17. Anastasios Gianakakos owns at least 9,316 shares after this. The price of the stock has decreased by 11.12% since.
  • SVP, Cor & Business Dev Anastasios Gianakakos sold 1,500 shares of MAPP stock on 05/02/2011 at the average price of 15.45. Anastasios Gianakakos owns at least 9,316 shares after this. The price of the stock has decreased by 2.2% since.


For the complete insider trading history of MAPP, 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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