CEO of Viragen Inc. (VRA) Michael C. Ray buys 1,000 shares of VRA on 06/29/2012 at an average price of $20.64 a share.

Vera Bradley, Inc. has a market cap of $854.4 million; its shares were traded at around $20.3 with a P/E ratio of 14.3 and P/S ratio of 1.9.

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

CEO Recent Trades:

• CEO Michael C. Ray bought 10,000 shares of VRA stock on 03/30/2012 at the average price of 30.44. Michael C. Ray owns at least 1,867,339 shares after this. The price of the stock has decreased by 33.31% since.
• CEO Michael C. Ray bought 10,000 shares of VRA stock on 03/30/2012 at the average price of 30.44. Michael C. Ray owns at least 981,343 shares after this. The price of the stock has decreased by 33.31% since.

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

Directors and Officers Recent Trades:

• Director Matthew Mcevoy bought 2,000 shares of VRA stock on 06/20/2012 at the average price of 23.92. Matthew Mcevoy owns at least 5,013 shares after this. The price of the stock has decreased by 15.13% since.
• VP, Corporate Controller Kevin J Sierks bought 1,320 shares of VRA stock on 06/05/2012 at the average price of 19.6. Kevin J Sierks owns at least 6,320 shares after this. The price of the stock has increased by 3.57% since.
• Director Stephen J Hackman bought 1,000 shares of VRA stock on 03/30/2012 at the average price of 29.9. Stephen J Hackman owns at least 4,513 shares after this. The price of the stock has decreased by 32.11% since.
• VP, Corporate Controller Kevin J Sierks bought 1,000 shares of VRA stock on 03/29/2012 at the average price of 28.71. Kevin J Sierks owns at least 5,000 shares after this. The price of the stock has decreased by 29.29% since.
• Director Matthew Mcevoy bought 1,500 shares of VRA stock on 03/27/2012 at the average price of 29.64. Matthew Mcevoy owns at least 3,013 shares after this. The price of the stock has decreased by 31.51% since.

For the complete insider trading history of VRA, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool