Qualstar Corp. (QBAK) CEO William J Gervais buys 63,000 Shares

President & CEO, 10% Owner of Qualstar Corp. (QBAK) William J Gervais buys 63,000 shares of QBAK on 12/09/2011 at an average price of $1.8 a share.

Qualstar Corp. has a market cap of $22.06 million; its shares were traded at around $1.8 with and P/S ratio of 1.21.

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

CEO Recent Trades:

• President & CEO, 10% Owner William J Gervais bought 6,000 shares of QBAK stock on 11/22/2011 at the average price of 1.86. William J Gervais owns at least 3,244,364 shares after this. The price of the stock has decreased by 3.23% since.
• President & CEO, 10% Owner William J Gervais bought 1,500 shares of QBAK stock on 09/15/2011 at the average price of 2.02. William J Gervais owns at least 3,238,364 shares after this. The price of the stock has decreased by 10.89% since.
• President & CEO, 10% Owner William J Gervais bought 15,000 shares of QBAK stock on 09/14/2011 at the average price of 2. William J Gervais owns at least 3,236,864 shares after this. The price of the stock has decreased by 10% since.

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

Directors and Officers Recent Trades:

• 10% Owner Capital Group Inc Bkf bought 20,720 shares of QBAK stock on 11/25/2011 at the average price of 1.82. Capital Group Inc Bkf owns at least 1,757,832 shares after this. The price of the stock has decreased by 1.1% since.
• 10% Owner Capital Group Inc Bkf bought 3,565 shares of QBAK stock on 11/21/2011 at the average price of 1.81. Capital Group Inc Bkf owns at least 1,737,112 shares after this. The price of the stock has decreased by 0.55% since.
• 10% Owner Capital Group Inc Bkf bought 10,200 shares of QBAK stock on 11/16/2011 at the average price of 1.87. Capital Group Inc Bkf owns at least 1,733,547 shares after this. The price of the stock has decreased by 3.74% since.
• 10% Owner Capital Group Inc Bkf bought 2,593 shares of QBAK stock on 11/09/2011 at the average price of 1.88. Capital Group Inc Bkf owns at least 1,723,347 shares after this. The price of the stock has decreased by 4.26% since.
• 10% Owner Capital Group Inc Bkf bought 2,505 shares of QBAK stock on 10/10/2011 at the average price of 1.96. Capital Group Inc Bkf owns at least 1,720,744 shares after this. The price of the stock has decreased by 8.16% since.

For the complete insider trading history of QBAK, click here.

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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool