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Qualstar Corp. (QBAK) CEO William J Gervais buys 6,000 Shares

February 21, 2012 | About:
insider

insider

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President & CEO, 10% Owner of Qualstar Corp. (QBAK) William J Gervais buys 6,000 shares of QBAK on 02/16/2012 at an average price of $1.83 a share.

Qualstar Corp has a market cap of $22.7 million; its shares were traded at around $1.86 with and P/S ratio of 1.2.

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


CEO Recent Trades:


  • President & CEO, 10% Owner William J Gervais bought 63,000 shares of QBAK stock on 12/09/2011 at the average price of 1.8. William J Gervais owns at least 3,307,364 shares after this. The price of the stock has increased by 3.33% since.
  • President & CEO, 10% Owner William J Gervais bought 6,000 shares of QBAK stock on 11/22/2011 at the average price of 1.86. William J Gervais owns at least 3,244,364 shares after this. The price of the stock has decreased by 0% since.
  • President & CEO, 10% Owner William J Gervais bought 1,500 shares of QBAK stock on 09/15/2011 at the average price of 2.02. William J Gervais owns at least 3,238,364 shares after this. The price of the stock has decreased by 7.92% since.
  • President & CEO, 10% Owner William J Gervais bought 15,000 shares of QBAK stock on 09/14/2011 at the average price of 2. William J Gervais owns at least 3,236,864 shares after this. The price of the stock has decreased by 7% since.

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




Directors and Officers Recent Trades:


  • 10% Owner Capital Group Inc Bkf bought 27,100 shares of QBAK stock on 02/01/2012 at the average price of 1.84. Capital Group Inc Bkf owns at least 1,877,478 shares after this. The price of the stock has increased by 1.09% since.
  • 10% Owner Capital Group Inc Bkf bought 10,000 shares of QBAK stock on 01/26/2012 at the average price of 1.9. Capital Group Inc Bkf owns at least 1,850,378 shares after this. The price of the stock has decreased by 2.11% since.
  • 10% Owner Capital Group Inc Bkf bought 7,448 shares of QBAK stock on 01/20/2012 at the average price of 1.89. Capital Group Inc Bkf owns at least 1,840,378 shares after this. The price of the stock has decreased by 1.59% since.
  • 10% Owner Capital Group Inc Bkf bought 2,373 shares of QBAK stock on 01/19/2012 at the average price of 1.85. Capital Group Inc Bkf owns at least 1,826,790 shares after this. The price of the stock has increased by 0.54% since.
  • 10% Owner Capital Group Inc Bkf bought 11,900 shares of QBAK stock on 01/14/2012 at the average price of 1.81. Capital Group Inc Bkf owns at least 1,889,378 shares after this. The price of the stock has increased by 2.76% since.


For the complete insider trading history of QBAK, 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.

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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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