Free 7-day Trial
All Articles and Columns »

Gramercy Capital Corp. (GKK) CEO Roger M. Cozzi sells 22,634 Shares

Jan 05, 2012 | About:
insider
insider
CEO of Gramercy Capital Corp. (GKK) Roger M. Cozzi sells 22,634 shares of GKK on 01/03/2012 at an average price of $2.52 a share.

Gramercy Capital has a market cap of $118.7 million; its shares were traded at around $2.35 with and P/S ratio of 0.2.


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




Directors and Officers Recent Trades:


  • 10% Owner Capital Management, Llc Indaba bought 216,400 shares of GKK stock on 09/23/2011 at the average price of 3.01. Capital Management, Llc Indaba owns at least 1,932,400 shares after this. The price of the stock has decreased by 21.93% since.
  • 10% Owner Capital Management, Llc Indaba bought 266,000 shares of GKK stock on 09/06/2011 at the average price of 3.13. Capital Management, Llc Indaba owns at least 1,716,000 shares after this. The price of the stock has decreased by 24.92% since.
  • 10% Owner Green Realty Corp Sl sold 137,400 shares of GKK stock on 10/19/2011 at the average price of 2.88. Green Realty Corp Sl owns at least 5,013,320 shares after this. The price of the stock has decreased by 18.4% since.
  • 10% Owner Green Realty Corp Sl sold 108,500 shares of GKK stock on 10/17/2011 at the average price of 3. Green Realty Corp Sl owns at least 5,150,720 shares after this. The price of the stock has decreased by 21.67% since.
  • 10% Owner Green Realty Corp Sl sold 90,100 shares of GKK stock on 10/13/2011 at the average price of 3.2. Green Realty Corp Sl owns at least 5,259,220 shares after this. The price of the stock has decreased by 26.56% since.


For the complete insider trading history of GKK, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 2.8/5 (4 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial