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Avanir Pharmaceuticals (AVNR) President and CEO Keith Katkin sells 17,495 Shares

Dec 06, 2011 | About:
insider
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President and CEO of Avanir Pharmaceuticals (AVNR) Keith Katkin sells 17,495 shares of AVNR on 12/02/2011 at an average price of $2.37 a share.

Avanir Pharmaceuticals Inc has a market cap of $319.2 million; its shares were traded at around $2.57 with and P/S ratio of 86.3.

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


CEO Recent Trades:


  • President and CEO Keith Katkin sold 218,025 shares of AVNR stock on 11/17/2011 at the average price of 2.59. Keith Katkin owns at least 208,352 shares after this. The price of the stock has decreased by 0.77% since.

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




Directors and Officers Recent Trades:


  • Vice President, Finance Christine Ocampo sold 92,250 shares of AVNR stock on 11/11/2011 at the average price of 2.62. Christine Ocampo owns at least 52,822 shares after this. The price of the stock has decreased by 1.91% since.
  • Sr. VP, Chief Medical Officer Randall Kaye sold 100,000 shares of AVNR stock on 09/09/2011 at the average price of 2.75. Randall Kaye owns at least 78,190 shares after this. The price of the stock has decreased by 6.55% since.


For the complete insider trading history of AVNR, 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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