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Synergetics USA Inc. (SURG) EVP & COO Kurt W Jr Gampp sells 66,000 Shares

Dec 19, 2011 | About:
insider
insider
EVP & COO of Synergetics USA Inc. (SURG) Kurt W Jr Gampp sells 66,000 shares of SURG on 12/16/2011 at an average price of $7 a share.

Synergetics Usa Inc. has a market cap of $174.55 million; its shares were traded at around $6.99 with a P/E ratio of 27.96 and P/S ratio of 3.13. Synergetics Usa Inc. had an annual average earning growth of 20.9% over the past 10 years.

CFO Recent Trades:


  • EVP & CFO Pamela G Boone bought 1,000 shares of SURG stock on 10/20/2011 at the average price of 6.4. Pamela G Boone owns at least 143,704 shares after this. The price of the stock has increased by 9.22% since.

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




Directors and Officers Recent Trades:


  • Director Patricia S Williams bought 1,500 shares of SURG stock on 10/18/2011 at the average price of 6.22. Patricia S Williams owns at least 4,500 shares after this. The price of the stock has increased by 12.38% since.
  • EVP & COO Kurt W Gampp Jr sold 44,600 shares of SURG stock on 10/11/2011 at the average price of 6. Kurt W Gampp Jr owns at least 669,842 shares after this. The price of the stock has increased by 16.5% since.


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

Tickers in the article:

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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