Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

MannKind Corporation (MNKD) CFO Matthew J Pfeffer buys 1,056 Shares

January 03, 2013 | About: MNKD +0%
Decrease Font Size Increase Font Size PrintPrint EmailEmail
insider

insider

41 followers
Corporate VP and CFO of MannKind Corporation (MNKD) Matthew J Pfeffer buys 1,056 shares of MNKD on 12/31/2012 at an average price of $1.95 a share.

Mannkind Corporation has a market cap of $567.7 million; its shares were traded at around $2.41 with and P/S ratio of 10536.7.

CFO Recent Trades:


  • Corporate VP and CFO Matthew J Pfeffer bought 1,056 shares of MNKD stock on 12/31/2012 at the average price of 1.95. Matthew J Pfeffer owns at least 96,206 shares after this. The price of the stock has increased by 23.59% since.

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




Directors and Officers Recent Trades:


  • 10% Owner Alfred E Mann bought 40,000,000 shares of MNKD stock on 12/21/2012 at the average price of 2.59. Alfred E Mann owns at least 123,027,477 shares after this. The price of the stock has decreased by 6.95% since.
  • Director Abraham E Cohen sold 2,350 shares of MNKD stock on 08/17/2012 at the average price of 2.29. Abraham E Cohen owns at least 56,424 shares after this. The price of the stock has increased by 5.24% since.


For the complete insider trading history of MNKD, 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.

» Take a Free Trial of Premium Membership

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: 3.0/5 (2 votes)

Email FeedsSubscribe via Email RSS FeedsSubscribe RSS

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.