Free 7-day Trial
All Articles and Columns »

Advanced Photonix Inc (API) CFO Jeffrey J Anderson buys 5,000 Shares

Nov 22, 2011 | About:
insider
insider
CFO of Advanced Photonix Inc (API) Jeffrey J Anderson buys 5,000 shares of API on 11/21/2011 at an average price of $0.64 a share.

Advanced Photonix Inc. has a market cap of $18.7 million; its shares were traded at around $0.6095 with a P/E ratio of 30.5 and P/S ratio of 0.7.

CFO Recent Trades:


  • CFO Jeffrey J Anderson bought 5,000 shares of API stock on 11/18/2011 at the average price of 0.69. Jeffrey J Anderson owns at least 119,776 shares after this.
  • CFO Jeffrey J Anderson bought 5,000 shares of API stock on 09/06/2011 at the average price of 0.98. Jeffrey J Anderson owns at least 114,776 shares after this.
  • CFO Jeffrey J Anderson bought 9,576 shares of API stock on 09/02/2011 at the average price of 1. Jeffrey J Anderson owns at least 109,776 shares after this.
  • CFO Jeffrey J Anderson bought 200 shares of API stock on 08/31/2011 at the average price of 0.96. Jeffrey J Anderson owns at least 100,200 shares after this.

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




Directors and Officers Recent Trades:


  • Director Donald Pastor bought 15,000 shares of API stock on 08/17/2011 at the average price of 1.02. Donald Pastor owns at least 113,274 shares after this.


For the complete insider trading history of API, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 3.3/5 (4 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial