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Ocean Wilsons Holdings Ltd (OCN) Executive Chairman, 10% Owner William C Erbey sells 145,000 Shares

November 21, 2012 | About:
insider

insider

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Executive Chairman, 10% Owner of Ocean Wilsons Holdings Ltd (OCN) William C Erbey sells 145,000 shares of OCN on 11/19/2012 at an average price of $34.48 a share.

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




Directors and Officers Recent Trades:


  • Vice President and CAO Kenneth D. Najour bought 1,000 shares of OCN stock on 05/31/2012 at the average price of 16.07. Kenneth D. Najour owns at least 1,000 shares after this.
  • Executive Chairman, 10% Owner William C Erbey sold 145,000 shares of OCN stock on 11/19/2012 at the average price of 34.48. William C Erbey owns at least 17,685,333 shares after this. The price of the stock has decreased by 0.12% since.
  • Director Barry N Wish sold 250,000 shares of OCN stock on 11/16/2012 at the average price of 34.04. Barry N Wish owns at least 5,210,616 shares after this. The price of the stock has increased by 1.18% since.


For the complete insider trading history of OCN, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.3/5 (3 votes)

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