Chairman of the Board & CEO of Zipcar Inc (ZIP) Scott W. Griffith sells 35,000 shares of ZIP on 11/09/2012 at an average price of $7.5 a share.

Zipcar Inc has a market cap of $280.1 million; its shares were traded at around $7.25 with a P/E ratio of 116.7 and P/S ratio of 1.2.

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

CEO Recent Trades:

• Chairman of the Board & CEO Scott W. Griffith sold 35,000 shares of ZIP stock on 11/09/2012 at the average price of 7.5. Scott W. Griffith owns at least 584,479 shares after this. The price of the stock has decreased by 3.33% since.

CFO Recent Trades:

• CFO Edward G Goldfinger sold 10,000 shares of ZIP stock on 11/09/2012 at the average price of 7.5. The price of the stock has decreased by 3.33% since.

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

Directors and Officers Recent Trades:

• Director, 10% Owner Stephen M Case bought 255,311 shares of ZIP stock on 08/28/2012 at the average price of 7.75. Stephen M Case owns at least 250,000 shares after this. The price of the stock has decreased by 6.45% since.
• Director, 10% Owner Stephen M Case bought 361,989 shares of ZIP stock on 08/23/2012 at the average price of 7.95. Stephen M Case owns at least 250,000 shares after this. The price of the stock has decreased by 8.81% since.
• Director, 10% Owner Stephen M Case bought 55,024 shares of ZIP stock on 08/20/2012 at the average price of 7.99. Stephen M Case owns at least 250,000 shares after this. The price of the stock has decreased by 9.26% since.
• Director, 10% Owner Stephen M Case bought 61,700 shares of ZIP stock on 08/10/2012 at the average price of 7.94. Stephen M Case owns at least 250,000 shares after this. The price of the stock has decreased by 8.69% since.
• Director, 10% Owner Stephen M Case bought 265,976 shares of ZIP stock on 08/09/2012 at the average price of 7.69. Stephen M Case owns at least 250,000 shares after this. The price of the stock has decreased by 5.72% since.

For the complete insider trading history of ZIP, 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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