Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Nevada Gold & Casinos Inc (UWN) CFO James Jay Kohn buys 2,575 Shares

January 19, 2012 | About:
insider

insider

42 followers
CFO of Nevada Gold & Casinos Inc (UWN) James Jay Kohn buys 2,575 shares of UWN on 01/19/2012 at an average price of $1.45 a share.

Nevada Gold & Casinos Ltd. has a market cap of $23 million; its shares were traded at around $1.45 with and P/S ratio of 0.5.

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


CEO Recent Trades:


  • CEO Robert B Sturges bought 10,000 shares of UWN stock on 12/20/2011 at the average price of 1.18. Robert B Sturges owns at least 80,000 shares after this. The price of the stock has increased by 22.88% since.

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




Directors and Officers Recent Trades:


  • Director Frank Catania bought 2,000 shares of UWN stock on 12/20/2011 at the average price of 1.21. Frank Catania owns at least 8,000 shares after this. The price of the stock has increased by 19.83% since.
  • Director William J Sherlock bought 7,000 shares of UWN stock on 12/19/2011 at the average price of 1.17. William J Sherlock owns at least 40,000 shares after this. The price of the stock has increased by 23.93% since.
  • Director William J Sherlock bought 3,000 shares of UWN stock on 10/25/2011 at the average price of 1.9. William J Sherlock owns at least 33,000 shares after this. The price of the stock has decreased by 23.68% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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


Rating: 3.0/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.