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(PYDS) President and COO, 10% Owner Louis A Hoch sells 43,800 Shares

January 22, 2013 | About:
insider

insider

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President and COO, 10% Owner of (PYDS) Louis A Hoch sells 43,800 shares of PYDS on 01/22/2013 at an average price of $0.17 a share.

Payment Data Systems, Inc. has a market cap of $22.8 million; its shares were traded at around $0.16 with a P/E ratio of 17.4 and P/S ratio of 3.2.


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




Directors and Officers Recent Trades:


  • President and COO, 10% Owner Louis A Hoch sold 43,800 shares of PYDS stock on 01/22/2013 at the average price of 0.17. Louis A Hoch owns at least 36,362,560 shares after this.
  • President and COO, 10% Owner Louis A Hoch sold 10,100 shares of PYDS stock on 01/16/2013 at the average price of 0.15. Louis A Hoch owns at least 36,406,360 shares after this.
  • President and COO, 10% Owner Louis A Hoch sold 15,000 shares of PYDS stock on 01/10/2013 at the average price of 0.16. Louis A Hoch owns at least 36,416,460 shares after this.
  • President and COO, 10% Owner Louis A Hoch sold 54,800 shares of PYDS stock on 01/08/2013 at the average price of 0.14. Louis A Hoch owns at least 36,431,460 shares after this.
  • President and COO, 10% Owner Louis A Hoch sold 7,715 shares of PYDS stock on 01/04/2013 at the average price of 0.13. Louis A Hoch owns at least 36,486,260 shares after this.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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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