Exeuctive VP of Finance, CFO of icad inc. (icad) Kevin C Burns buys 15,000 shares of icad on 08/24/2012 at an average price of $2.08 a share.

Icad, Inc. has a market cap of $21.91 million; its shares were traded at around $2.02 with and P/S ratio of 0.76.

CFO Recent Trades:

• Executive VP of Finance, CFO Kevin C Burns bought 28,939 shares of ICAD stock on 08/17/2012 at the average price of 2.9. Kevin C Burns owns at least 28,939 shares after this. The price of the stock has decreased by 30.34% since.

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

Directors and Officers Recent Trades:

• Director Elliot J Md Mba Sussman bought 4,360 shares of ICAD stock on 06/01/2012 at the average price of 2.55. Elliot J Md Mba Sussman owns at least 215,229 shares after this. The price of the stock has decreased by 20.78% since.
• Director Elliot J Md Mba Sussman bought 2,700 shares of ICAD stock on 05/29/2012 at the average price of 2.45. Elliot J Md Mba Sussman owns at least 193,428 shares after this. The price of the stock has decreased by 17.55% since.
• Director Elliot J Md Mba Sussman bought 3,000 shares of ICAD stock on 05/24/2012 at the average price of 2.5. Elliot J Md Mba Sussman owns at least 179,928 shares after this. The price of the stock has decreased by 19.2% since.
• Director Elliot J Md Mba Sussman bought 1,000 shares of ICAD stock on 05/22/2012 at the average price of 2.55. Elliot J Md Mba Sussman owns at least 164,928 shares after this. The price of the stock has decreased by 20.78% since.
• Director Elliot J Md Mba Sussman bought 3,000 shares of ICAD stock on 05/18/2012 at the average price of 2.5. Elliot J Md Mba Sussman owns at least 159,928 shares after this. The price of the stock has decreased by 19.2% since.

For the complete insider trading history of icad, 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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