President and CEO of Multimedia Games Inc. (MGAM) Patrick J. Ramsey sells 65,715 shares of MGAM on 05/30/2012 at an average price of $12.87 a share.

Multimedia Game has a market cap of $344.3 million; its shares were traded at around $12.75 with a P/E ratio of 20.8 and P/S ratio of 2.7.

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

CEO Recent Trades:

• President and CEO Patrick J. Ramsey sold 84,285 shares of MGAM stock on 05/24/2012 at the average price of 12.91. Patrick J. Ramsey owns at least 1,010,715 shares after this. The price of the stock has decreased by 1.24% since.

CFO Recent Trades:

• CFO Adam Chibib sold 50,000 shares of MGAM stock on 05/08/2012 at the average price of 12.93. Adam Chibib owns at least 518,333 shares after this. The price of the stock has decreased by 1.39% since.

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

Directors and Officers Recent Trades:

• Vice President of Technology Joaquin J. Aviles sold 50,000 shares of MGAM stock on 05/07/2012 at the average price of 13.07. Joaquin J. Aviles owns at least 295,000 shares after this. The price of the stock has decreased by 2.45% since.
• Director Michael J Maples sold 26,250 shares of MGAM stock on 02/07/2012 at the average price of 10.19. Michael J Maples owns at least 41,750 shares after this. The price of the stock has increased by 25.12% since.
• Director Robert D Repass sold 70,006 shares of MGAM stock on 02/06/2012 at the average price of 9.96. Robert D Repass owns at least 20,494 shares after this. The price of the stock has increased by 28.01% since.

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

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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