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iStar Financial Inc. (SFI) Chairman and CEO Jay Sugarman sells 75,000 Shares

Dec 02, 2011 | About: SFI +0.34%
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Chairman and CEO of iStar Financial Inc. (SFI) Jay Sugarman sells 75,000 shares of SFI on 12/02/2011 at an average price of $5.53 a share.

Istar Financial Inc. has a market cap of $505.8 million; its shares were traded at around $5.48 with and P/S ratio of 0.9.

This is the annual revenues and earnings per share of SFI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of SFI.


CEO Recent Trades:


  • Chairman and CEO Jay Sugarman sold 75,000 shares of SFI stock on 11/29/2011 at the average price of 5.29. Jay Sugarman owns at least 2,318,959 shares after this. The price of the stock has increased by 3.59% since.
  • Chairman and CEO Jay Sugarman sold 75,000 shares of SFI stock on 11/23/2011 at the average price of 5.73. Jay Sugarman owns at least 2,393,959 shares after this. The price of the stock has decreased by 4.36% since.
  • Chairman and CEO Jay Sugarman sold 75,000 shares of SFI stock on 11/18/2011 at the average price of 6.38. Jay Sugarman owns at least 2,468,959 shares after this. The price of the stock has decreased by 14.11% since.
  • Chairman and CEO Jay Sugarman sold 75,000 shares of SFI stock on 11/15/2011 at the average price of 6.23. Jay Sugarman owns at least 2,543,959 shares after this. The price of the stock has decreased by 12.04% since.

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




Directors and Officers Recent Trades:


  • Chief Accounting Officer Collin Lee Cochrane sold 12,500 shares of SFI stock on 11/17/2011 at the average price of 6.38. Collin Lee Cochrane owns at least 13,374 shares after this. The price of the stock has decreased by 14.11% since.


For the complete insider trading history of SFI, 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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