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Itron Inc. (ITRI) CEO Leroy D Nosbaum buys 27,000 Shares

Oct 28, 2011 | About:
insider
insider
President and CEO of Itron Inc. (ITRI) Leroy D Nosbaum buys 27,000 shares of ITRI on 10/28/2011 at an average price of $37.31 a share.

Itron Inc. has a market cap of $1.51 billion; its shares were traded at around $37.19 with a P/E ratio of 9 and P/S ratio of 0.7. Itron Inc. had an annual average earning growth of 16.7% over the past 10 years. GuruFocus rated Itron Inc. the business predictability rank of 3.5-star.


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




Directors and Officers Recent Trades:


  • Chairman of the Board Jon E Eliassen bought 1,000 shares of ITRI stock on 10/28/2011 at the average price of 37.36. Jon E Eliassen owns at least 10,812 shares after this. The price of the stock has decreased by 0.46% since.
  • Director Graham M Wilson sold 4,000 shares of ITRI stock on 05/09/2011 at the average price of 52.77. Graham M Wilson owns at least 6,921 shares after this. The price of the stock has decreased by 29.52% since.


For the complete insider trading history of ITRI, 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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