CEO of AdvanSource Biomaterials Corporation (ASNB) Michael F Adams buys 7,061 shares of ASNB on 12/03/2012 at an average price of $0.04 a share.

Advansource Biomaterials Corporation has a market cap of $0.5 million; its shares were traded at around $0.031 with and P/S ratio of 0.2.

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

CEO Recent Trades:

• CEO Michael F Adams bought 7,061 shares of ASNB stock on 12/03/2012 at the average price of 0.04. Michael F Adams owns at least 366,016 shares after this.
• CEO Michael F Adams bought 7,881 shares of ASNB stock on 11/27/2012 at the average price of 0.03. Michael F Adams owns at least 358,955 shares after this.
• CEO Michael F Adams bought 30,000 shares of ASNB stock on 11/19/2012 at the average price of 0.04. Michael F Adams owns at least 351,074 shares after this.
• CEO Michael F Adams bought 50,000 shares of ASNB stock on 08/18/2012 at the average price of 0.03. Michael F Adams owns at least 321,074 shares after this.

CFO Recent Trades:

• CFO David Crispino Volpe bought 5,000 shares of ASNB stock on 11/30/2012 at the average price of 0.03. David Crispino Volpe owns at least 110,153 shares after this.
• CFO David Crispino Volpe bought 5,000 shares of ASNB stock on 11/29/2012 at the average price of 0.04. David Crispino Volpe owns at least 105,153 shares after this.
• CFO David Crispino Volpe bought 25,000 shares of ASNB stock on 11/19/2012 at the average price of 0.04. David Crispino Volpe owns at least 100,153 shares after this.
• CFO David Crispino Volpe bought 75,000 shares of ASNB stock on 09/18/2012 at the average price of 0.02. David Crispino Volpe owns at least 75,153 shares after this.

For the complete insider trading history of ASNB, 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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