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Bankrate Inc (RATE) SVP-CFO Edward J Dimaria sells 125,000 Shares

Feb 10, 2012 | About:
insider
insider
SVP-CFO of Bankrate Inc (RATE) Edward J Dimaria sells 125,000 shares of RATE on 02/08/2012 at an average price of $23.4 a share.

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


CEO Recent Trades:


  • President, CEO Thomas R Evans sold 279,297 shares of RATE stock on 12/12/2011 at the average price of 16.8. Thomas R Evans owns at least 1,330,997 shares after this. The price of the stock has increased by 44.7% since.

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




Directors and Officers Recent Trades:


  • Director Peter C Morse bought 618,579 shares of RATE stock on 12/23/2011 at the average price of 19.63. Peter C Morse owns at least 4,424,231 shares after this. The price of the stock has increased by 23.84% since.
  • 10% Owner Holding S.a.r.l. Ben sold 14,072,872 shares of RATE stock on 12/12/2011 at the average price of 16.8. Holding S.a.r.l. Ben owns at least 53,803,694 shares after this. The price of the stock has increased by 44.7% since.
  • 10% Owner Holding S.a.r.l. Ben sold 14,072,872 shares of RATE stock on 12/12/2011 at the average price of 16.8. Holding S.a.r.l. Ben owns at least 53,803,694 shares after this. The price of the stock has increased by 44.7% since.


For the complete insider trading history of RATE, 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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