SVP & General Counsel Vincent P Pangrazio sold 2,813 shares of CAVM stock on 08/06/2012 at the average price of 31.12. Vincent P Pangrazio owns at least 1,875 shares after this. The price of the stock has increased by 4.18% since.
SVP & General Counsel Vincent P Pangrazio sold 2,812 shares of CAVM stock on 05/04/2012 at the average price of 25.34. Vincent P Pangrazio owns at least 937 shares after this. The price of the stock has increased by 27.94% since.
COO Rajiv Khemani sold 10,000 shares of CAVM stock on 03/01/2012 at the average price of 35.96. Rajiv Khemani owns at least 49,501 shares after this. The price of the stock has decreased by 9.84% since.
For the complete insider trading history of CAVM, click here.
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Why CEOs Are Buying Stocks Of Their Own Companies?
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."
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.
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.
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