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(CCEL) CEO David Portnoy buys 3,000 Shares

October 09, 2012 | About:
insider

insider

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Co-CEO of (CCEL) David Portnoy buys 3,000 shares of CCEL on 10/04/2012 at an average price of $2.1 a share.

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


CEO Recent Trades:


  • Co-CEO David Portnoy bought 600 shares of CCEL stock on 09/28/2012 at the average price of 2.13. David Portnoy owns at least 667,840 shares after this.
  • Co-CEO David Portnoy bought 2,793 shares of CCEL stock on 09/12/2012 at the average price of 2.18. David Portnoy owns at least 667,240 shares after this.
  • Co-CEO David Portnoy bought 8,980 shares of CCEL stock on 08/23/2012 at the average price of 2.2. David Portnoy owns at least 793,922 shares after this.

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




Directors and Officers Recent Trades:


  • Director George Gaines bought 6,000 shares of CCEL stock on 08/13/2012 at the average price of 2.08. George Gaines owns at least 700,000 shares after this.


For the complete insider trading history of CCEL, 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: 5.0/5 (1 vote)

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