Director Gary Meyers bought 3,000 shares of MENT stock on 09/21/2011 at the average price of 10.04. Gary Meyers owns at least 12,648 shares after this. The price of the stock has increased by 32.87% since.
Director Kevin C Mcdonough bought 4,000 shares of MENT stock on 08/22/2011 at the average price of 9.8. Kevin C Mcdonough owns at least 33,648 shares after this. The price of the stock has increased by 36.12% since.
Vice President Dean Freed sold 16,872 shares of MENT stock on 12/01/2011 at the average price of 12.9. Dean Freed owns at least 32,665 shares after this. The price of the stock has increased by 3.41% since.
For the complete insider trading history of MENT, click here.
Why CEOs Are Buying Stocks Of Their Own Companies?
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."
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.
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.
A Ben Graham Net-Net with 19 Straight Years of Profits
May's Ben Graham Net-Net pick has been profitable for 19 straight years. It has 25% of its market cap in cash. And zero debt. Insiders own 48% of the company. We will buy this net-net on Monday.
Print
Email
Subscribe RSS
