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HyperDynamics Corporation (HDY) CFO Paul C Reinbolt buys 100,000 Shares

February 15, 2013 | About:
insider

insider

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CFO and Executive VP of HyperDynamics Corporation (HDY) Paul C Reinbolt buys 100,000 shares of HDY on 02/15/2013 at an average price of $0.62 a share.

Hyperdynamics Corporation has a market cap of $104 million; its shares were traded at around $0.6 . Hyperdynamics Corporation had an annual average earning growth of 15.8% over the past 10 years.

CFO Recent Trades:


  • CFO and Executive VP Paul C Reinbolt bought 100,000 shares of HDY stock on 02/15/2013 at the average price of 0.62. Paul C Reinbolt owns at least 130,000 shares after this.

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




Directors and Officers Recent Trades:


  • Director David Owen bought 29,750 shares of HDY stock on 01/17/2013 at the average price of 0.58. David Owen owns at least 425,150 shares after this.
  • Director Herman Jay Cohen bought 10,000 shares of HDY stock on 09/24/2012 at the average price of 0.72. Herman Jay Cohen owns at least 61,000 shares after this.
  • Director Herman Jay Cohen bought 10,000 shares of HDY stock on 09/18/2012 at the average price of 0.79. Herman Jay Cohen owns at least 51,000 shares after this.
  • Senior VP for Operations Michael W. Palmer sold 30,000 shares of HDY stock on 01/18/2013 at the average price of 0.58. Michael W. Palmer owns at least 99,467 shares after this.


For the complete insider trading history of HDY, 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.

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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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