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BioMimetic Therapeutics Inc. (BMTI) CFO Lawrence E Bullock buys 20,000 Shares

March 21, 2012 | About:
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CFO of BioMimetic Therapeutics Inc. (BMTI) Lawrence E Bullock buys 20,000 shares of BMTI on 03/20/2012 at an average price of $2.2 a share.

Biomimetic Ther has a market cap of $60.9 million; its shares were traded at around $2.3199 with and P/S ratio of 35.3. Biomimetic Ther had an annual average earning growth of 1.4% over the past 5 years.


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




Directors and Officers Recent Trades:


  • General Counsel Earl Martin Douglas sold 9,000 shares of BMTI stock on 10/14/2011 at the average price of 3.01. Earl Martin Douglas owns at least 57,144 shares after this. The price of the stock has decreased by 22.93% since.
  • General Counsel Earl Martin Douglas sold 12,000 shares of BMTI stock on 10/11/2011 at the average price of 2.99. Earl Martin Douglas owns at least 66,144 shares after this. The price of the stock has decreased by 22.41% since.
  • General Counsel Earl Martin Douglas sold 9,000 shares of BMTI stock on 10/05/2011 at the average price of 2.92. Earl Martin Douglas owns at least 78,144 shares after this. The price of the stock has decreased by 20.55% since.


For the complete insider trading history of BMTI, 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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