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Arlington Asset Investment Corp. (AI) Chairman and CEO Eric F Billings sells 7,827 Shares

August 21, 2012 | About:
insider

insider

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Chairman and CEO of Arlington Asset Investment Corp. (AI) Eric F Billings sells 7,827 shares of AI on 08/21/2012 at an average price of $23 a share.

Arlington Asset Investment Corp has a market cap of $222.9 million; its shares were traded at around $22.91 with a P/E ratio of 5.2 and P/S ratio of 6.7. The dividend yield of Arlington Asset Investment Corp stocks is 15.2%.

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


CEO Recent Trades:


  • Chairman and CEO Eric F Billings sold 19,021 shares of AI stock on 08/16/2012 at the average price of 23. Eric F Billings owns at least 140,941 shares after this. The price of the stock has decreased by 0.39% since.
  • Chairman and CEO Eric F Billings sold 29,691 shares of AI stock on 08/13/2012 at the average price of 23. Eric F Billings owns at least 159,962 shares after this. The price of the stock has decreased by 0.39% since.
  • Chairman and CEO Eric F Billings sold 48,214 shares of AI stock on 06/26/2012 at the average price of 23. Eric F Billings owns at least 189,653 shares after this. The price of the stock has decreased by 0.39% since.
  • Chairman and CEO Eric F Billings sold 90,127 shares of AI stock on 06/21/2012 at the average price of 23. Eric F Billings owns at least 237,867 shares after this. The price of the stock has decreased by 0.39% since.


For the complete insider trading history of AI, 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


Rating: 3.0/5 (1 vote)

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