Executive VP & CFO of Bonanza Creek Energy (BCEI) James R Casperson buys 1,000 shares of BCEI on 12/27/2011 at an average price of $13.25 a share.

Bonanza Creek Energy has a market cap of $528.1 million; its shares were traded at around $13.35 .

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

CEO Recent Trades:

• President & CEO Michael R Starzer bought 1,000 shares of BCEI stock on 12/15/2011 at the average price of 15.5. Michael R Starzer owns at least 2,331,570 shares after this. The price of the stock has decreased by 13.87% since.

CFO Recent Trades:

• Executive VP & CFO James R Casperson bought 1,000 shares of BCEI stock on 12/15/2011 at the average price of 14.94. James R Casperson owns at least 1,600 shares after this. The price of the stock has decreased by 10.64% since.

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

Directors and Officers Recent Trades:

• Controller Wade E Jaques bought 1,000 shares of BCEI stock on 12/19/2011 at the average price of 12.79. Wade E Jaques owns at least 8,567 shares after this. The price of the stock has increased by 4.38% since.
• Controller Wade E Jaques bought 1,000 shares of BCEI stock on 12/15/2011 at the average price of 13.61. Wade E Jaques owns at least 1,150 shares after this. The price of the stock has decreased by 1.91% since.
• Executive VP Corp Development Patrick A Graham bought 1,000 shares of BCEI stock on 12/15/2011 at the average price of 13.88. Patrick A Graham owns at least 43,217 shares after this. The price of the stock has decreased by 3.82% since.
• Exec VP Engineering & Planning Gary A Grove bought 1,000 shares of BCEI stock on 12/15/2011 at the average price of 15.5. Gary A Grove owns at least 336,820 shares after this. The price of the stock has decreased by 13.87% since.

For the complete insider trading history of BCEI, 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