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Buckeye Technologies Inc. (BKI) Sr VP, CFO Steven G Dean sells 8,000 Shares

Oct 31, 2011 | About:
insider
insider
Sr VP, CFO of Buckeye Technologies Inc. (BKI) Steven G Dean sells 8,000 shares of BKI on 10/27/2011 at an average price of $29.5 a share.

Buckeye Technologies Inc. has a market cap of $1.24 billion; its shares were traded at around $31.08 with a P/E ratio of 11.77 and P/S ratio of 1.37. The dividend yield of Buckeye Technologies Inc. stocks is 0.77%. Buckeye Technologies Inc. had an annual average earning growth of 16% over the past 10 years.


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




Directors and Officers Recent Trades:


  • President Kristopher J Matula sold 30,000 shares of BKI stock on 10/24/2011 at the average price of 28.5. Kristopher J Matula owns at least 177,934 shares after this. The price of the stock has increased by 9.05% since.
  • Director George W Bryan sold 3,470 shares of BKI stock on 09/13/2011 at the average price of 26.23. George W Bryan owns at least 31,556 shares after this. The price of the stock has increased by 18.49% since.
  • Sr VP Prod, MKT Development Paul N Horne sold 13,296 shares of BKI stock on 08/29/2011 at the average price of 27. Paul N Horne owns at least 123,211 shares after this. The price of the stock has increased by 15.11% since.
  • Director David B Ferraro sold 5,000 shares of BKI stock on 08/29/2011 at the average price of 26.75. David B Ferraro owns at least 192,378 shares after this. The price of the stock has increased by 16.19% since.
  • Director David B Ferraro sold 14,576 shares of BKI stock on 05/27/2011 at the average price of 25. David B Ferraro owns at least 197,578 shares after this. The price of the stock has increased by 24.32% since.


For the complete insider trading history of BKI, 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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