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BPZ Resources, Inc. (BPZ) President & CEO Pflucker Manuel Pablo Zuniga sells 7,850 Shares

March 05, 2013 | About:
insider

insider

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President & CEO of BPZ Resources, Inc. (BPZ) Pflucker Manuel Pablo Zuniga sells 7,850 shares of BPZ on 03/01/2013 at an average price of $2.46 a share.

Bpz Resources, Inc. has a market cap of $313.4 million; its shares were traded at around $2.68 with and P/S ratio of 2.4.

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


CEO Recent Trades:


  • President & CEO Pflucker Manuel Pablo Zuniga sold 7,850 shares of BPZ stock on 03/01/2013 at the average price of 2.46. Pflucker Manuel Pablo Zuniga owns at least 4,938,177 shares after this. The price of the stock has increased by 8.94% since.

CFO Recent Trades:


  • CFO Richard Saverio Menniti sold 4,375 shares of BPZ stock on 09/24/2012 at the average price of 3.01. Richard Saverio Menniti owns at least 83,827 shares after this. The price of the stock has decreased by 10.96% since.

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




Directors and Officers Recent Trades:


  • Chief Legal Officer Joseph Durkin Ledgard sold 4,000 shares of BPZ stock on 03/01/2013 at the average price of 2.45. Joseph Durkin Ledgard owns at least 269,307 shares after this. The price of the stock has increased by 9.39% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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  • 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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