CEBear & Chairman of the Board, 10% Owner of BuildABear Workshop Inc. (BBW) Maxine Clark sells 35,000 shares of BBW on 10/14/2011 at an average price of $5.54 a share.
Buildabear Workshop has a market cap of $107.1 million; its shares were traded at around $5.61 with and P/S ratio of 0.2.
CEBear & Chairman of the Board, 10% Owner Maxine Clark sold 65,000 shares of BBW stock on 07/01/2011 at the average price of 6.32. Maxine Clark owns at least 2,013,217 shares after this. The price of the stock has decreased by 11.23% since.
Chief Information Bear David W Finnegan sold 6,094 shares of BBW stock on 05/27/2011 at the average price of 6.64. David W Finnegan owns at least 49,535 shares after this. The price of the stock has decreased by 15.51% since.
President Bear John N Haugh sold 21,803 shares of BBW stock on 05/17/2011 at the average price of 6.66. John N Haugh owns at least 85,479 shares after this. The price of the stock has decreased by 15.77% since.
For the complete insider trading history of BBW, 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.
Stay defensive! GuruFocus Buffett-Munger Screener is the screen for high quality companies at undervalued prices. The portfolio of Buffett-Munger companies has outperformed the market every year.
Print
Email
Subscribe RSS
