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Point.360 (PTSX) CEO Haig S Bagerdjian buys 465,217 Shares

January 04, 2010 | About:
insider

insider

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President and CEO, 10% Owner of Point.360 (PTSX) Haig S Bagerdjian buys 465,217 shares of PTSX on 01/01/2010 at an average price of $1.06 a share.

Point 360 is leading integrated media management services company providing film, video and audio post-production, archival, duplication, computer graphics and distribution services to motion pictures studios, television networks, independent production companies and multinational companies. Point. 360 provides the services necessary to edit, master, reformat and archive clients' audio and video content, including television programming, feature films and movie trailers. Point.360 has a market cap of $12.48 million; its shares were traded at around $1.19 .

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


CEO Recent Trades:


  • Buy:: President and CEO, 10% Owner Haig S Bagerdjian bought 799,874 shares of PTSX stock on 12/10/2009 at the average price of 1.05, the price of the stock has increased by 13.33% since.

  • Buy:: President and CEO, 10% Owner Haig S Bagerdjian bought 65,217 shares of PTSX stock on 12/01/2009 at the average price of 1.15, the price of the stock has increased by 3.48% since.

  • Buy:: Chairman, President and CEO, 10% Owner Haig S Bagerdjian bought 347,826 shares of PTSX stock on 09/17/2009 at the average price of 1.15, the price of the stock has increased by 3.48% since.



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




Directors and Officers Recent Trades:


  • Buy:: Director Alan R Steel bought 50,000 shares of PTSX stock on 12/10/2009 at the average price of 1.05, the price of the stock has increased by 13.33% since.

  • Buy:: Director Greggory J Hutchins bought 50,000 shares of PTSX stock on 12/10/2009 at the average price of 1.05, the price of the stock has increased by 13.33% since.


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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