Hide

FocusBar

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

Pacific Premier Bancorp Inc (PPBI) CEO Steven R Gardner buys 1,000 Shares

February 14, 2012 | About:
insider

insider

43 followers
President & CEO of Pacific Premier Bancorp Inc (PPBI) Steven R Gardner buys 1,000 shares of PPBI on 02/14/2012 at an average price of $7.42 a share.

Pacific Premier Bancorp Inc has a market cap of $72.5 million; its shares were traded at around $7.57 with a P/E ratio of 7.4 and P/S ratio of 1.3.


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




Directors and Officers Recent Trades:


  • Director Jeff C Jones bought 3,500 shares of PPBI stock on 11/09/2011 at the average price of 6.75. Jeff C Jones owns at least 54,402 shares after this. The price of the stock has increased by 12.15% since.
  • Director Jeff C Jones bought 1,310 shares of PPBI stock on 11/08/2011 at the average price of 6.72. Jeff C Jones owns at least 50,902 shares after this. The price of the stock has increased by 12.65% since.
  • Director Michael L Mckennon bought 4,000 shares of PPBI stock on 10/31/2011 at the average price of 6.22. Michael L Mckennon owns at least 22,000 shares after this. The price of the stock has increased by 21.7% since.
  • Director Kenneth A Boudreau bought 1,000 shares of PPBI stock on 09/02/2011 at the average price of 6.3. Kenneth A Boudreau owns at least 23,867 shares after this. The price of the stock has increased by 20.16% since.


For the complete insider trading history of PPBI, 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 (1 vote)

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.