Hide

FocusBar

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

Nicholas Financial Inc. (NICK) Sr. VP and CFO Ralph Finkenbrink sells 5,000 Shares

July 19, 2012 | About:
insider

insider

41 followers
Sr. VP and CFO of Nicholas Financial Inc. (NICK) Ralph Finkenbrink sells 5,000 shares of NICK on 07/17/2012 at an average price of $12.95 a share.

Nicholas Financial, Inc. has a market cap of $154.7 million; its shares were traded at around $12.92 with a P/E ratio of 7 and P/S ratio of 2.3. The dividend yield of Nicholas Financial, Inc. stocks is 3.1%. Nicholas Financial, Inc. had an annual average earning growth of 7.9% over the past 10 years. GuruFocus rated Nicholas Financial, Inc. the business predictability rank of 4-star.

CFO Recent Trades:


  • Sr VP and CFO Ralph Finkenbrink sold 10,000 shares of NICK stock on 07/03/2012 at the average price of 12.83. Ralph Finkenbrink owns at least 149,803 shares after this. The price of the stock has increased by 0.7% since.
  • Senior VP & CFO Ralph Finkenbrink sold 34,500 shares of NICK stock on 04/03/2012 at the average price of 13.36. Ralph Finkenbrink owns at least 144,803 shares after this. The price of the stock has decreased by 3.29% since.


For the complete insider trading history of NICK, 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: 3.5/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
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.