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Aastrom Biosciences Inc. (ASTM) CFO Scott Durbin sells 40,000 Shares

Jan 06, 2012 | About:
insider
insider
CFO of Aastrom Biosciences Inc. (ASTM) Scott Durbin sells 40,000 shares of ASTM on 01/04/2012 at an average price of $1.8 a share.

Aastrom Biosciences Inc. has a market cap of $72.2 million; its shares were traded at around $1.87 with and P/S ratio of 811.8.

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


CEO Recent Trades:


  • President and CEO Timothy M Mayleben bought 10,000 shares of ASTM stock on 08/08/2011 at the average price of 2.11. Timothy M Mayleben owns at least 133,000 shares after this. The price of the stock has decreased by 11.37% since.
  • President and CEO Timothy M Mayleben bought 20,000 shares of ASTM stock on 08/05/2011 at the average price of 2.36. Timothy M Mayleben owns at least 123,000 shares after this. The price of the stock has decreased by 20.76% since.

CFO Recent Trades:


  • CFO Scott Durbin bought 10,850 shares of ASTM stock on 08/11/2011 at the average price of 2.24. Scott Durbin owns at least 71,700 shares after this. The price of the stock has decreased by 16.52% since.

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




Directors and Officers Recent Trades:


  • Director Ronald M Cresswell bought 20,000 shares of ASTM stock on 08/11/2011 at the average price of 2.22. Ronald M Cresswell owns at least 40,000 shares after this. The price of the stock has decreased by 15.77% since.


For the complete insider trading history of ASTM, 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.

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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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