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ABAXIS Inc. (ABAX) CFO and VP of Finance Alberto Santa Ines sells 5,000 Shares

Dec 07, 2011 | About:
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CFO and VP of Finance of ABAXIS Inc. (ABAX) Alberto Santa Ines sells 5,000 shares of ABAX on 12/06/2011 at an average price of $28.36 a share.

Abaxis Inc. has a market cap of $616.5 million; its shares were traded at around $28.44 with a P/E ratio of 49.9 and P/S ratio of 4.3. Abaxis Inc. had an annual average earning growth of 32.8% over the past 10 years. GuruFocus rated Abaxis Inc. the business predictability rank of 3-star.

CFO Recent Trades:


  • CFO and VP of Finance Alberto Santa Ines sold 15,000 shares of ABAX stock on 11/30/2011 at the average price of 25.88. Alberto Santa Ines owns at least 72,569 shares after this. The price of the stock has increased by 9.89% since.

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




Directors and Officers Recent Trades:


  • VP-Sales & Marketing,Medical Brenton Hanlon sold 2,900 shares of ABAX stock on 12/01/2011 at the average price of 27.84. Brenton Hanlon owns at least 5,133 shares after this. The price of the stock has increased by 2.16% since.
  • Managing Director-Europe Achim Henkel sold 5,000 shares of ABAX stock on 11/15/2011 at the average price of 27.5. Achim Henkel owns at least 14,750 shares after this. The price of the stock has increased by 3.42% since.
  • VP of Govt Affairs & Pac Rim Vladimir Ostoich sold 10,000 shares of ABAX stock on 10/28/2011 at the average price of 29.01. Vladimir Ostoich owns at least 382,313 shares after this. The price of the stock has decreased by 1.96% since.
  • VP-Sales & Mktg, Animal Health Martin Mulroy sold 2,374 shares of ABAX stock on 10/26/2011 at the average price of 28.67. Martin Mulroy owns at least 24,765 shares after this. The price of the stock has decreased by 0.8% since.


For the complete insider trading history of ABAX, 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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