President & CEO of BofI Holding Inc (BOFI) Gregory Garrabrants sells 94,856 shares of BOFI on 12/13/2012 at an average price of $26.3 a share.

Bofi Holding Inc has a market cap of $309 million; its shares were traded at around $26.48 with a P/E ratio of 11.3 and P/S ratio of 3.4. Bofi Holding Inc had an annual average earning growth of 25.1% over the past 5 years.

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

CEO Recent Trades:

• President & CEO Gregory Garrabrants sold 94,856 shares of BOFI stock on 12/13/2012 at the average price of 26.3. Gregory Garrabrants owns at least 157,329 shares after this. The price of the stock has increased by 0.68% since.

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

Directors and Officers Recent Trades:

• Director Paul Grinberg sold 9,821 shares of BOFI stock on 12/07/2012 at the average price of 26.47. Paul Grinberg owns at least 29,806 shares after this. The price of the stock has increased by 0.04% since.
• Director Paul Grinberg sold 2,695 shares of BOFI stock on 12/06/2012 at the average price of 26.51. Paul Grinberg owns at least 39,627 shares after this. The price of the stock has decreased by 0.11% since.
• Director Theodore C Allrich sold 5,000 shares of BOFI stock on 11/23/2012 at the average price of 26.9. Theodore C Allrich owns at least 33,452 shares after this. The price of the stock has decreased by 1.56% since.
• Director Theodore C Allrich sold 1,000 shares of BOFI stock on 09/13/2012 at the average price of 26.3. Theodore C Allrich owns at least 37,458 shares after this. The price of the stock has increased by 0.68% since.
• Director Theodore C Allrich sold 1,000 shares of BOFI stock on 09/07/2012 at the average price of 24.95. Theodore C Allrich owns at least 38,458 shares after this. The price of the stock has increased by 6.13% since.

For the complete insider trading history of BOFI, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool