Chairman, 10% Owner of Atlantic American Corp. (AAME) J Mack Robinson buys 10,000 shares of AAME on 09/28/2009 at an average price of $1 a share.
Atlantic American Corporation is a holding company that operates through its subsidiaries in well-defined specialty markets of the life health property and casualty insurance industries. Atlantic American Corp. has a market cap of $22.3 million; its shares were traded at around $1 with a P/E ratio of 12.5 and P/S ratio of 0.2. Atlantic American Corp. had an annual average earning growth of 10.9% over the past 5 years.
Recent Trades of Atlantic American Corp. by Directors and Officers:
Buy: Trustee under Rule 16a-8 Harriett J Robinson bought 28,740 shares of AAME stock on 09/18/2009 at the average price of $0.81; the price of the stock has increased by 23.46% since.
Buy: Chairman, 10% Owner J Mack Robinson bought 28,740 shares of AAME stock on 09/18/2009 at the average price of $0.81; the price of the stock has increased by 23.46% since.
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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.
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