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BreezeEastern Corp. (BZC) Executive Vice President & COO Donald Michael Jr Harlan buys 1,300 Shares

January 04, 2010 | About:
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Executive Vice President & COO of BreezeEastern Corp. (BZC) Donald Michael Jr Harlan buys 1,300 shares of BZC on 12/22/2009 at an average price of $5.95 a share.

Breeze-Eastern Corporation is the world's leading designer and manufacturer of sophisticated lifting devices for military and civilian aircraft, including rescue hoists, cargo hooks, and weapons-lifting systems. Breeze-Eastern is the worldwide supplier of electric and hydraulic Rescue Hoist Systems for helicopters. On many customer programs, companies products are supplied on a sole source basis and are utilized throughout the long life-cycle of these products. There position, principally as a sole source supplier, continues as they support there customers with the sales of spare parts and product upgrades. Breeze-Eastern Corporation aggressively updates its existing products in keeping with changing mission and customer requirements to maintain and increase market share for systems, products and spare parts. These qualified and proprietary products support our long-term growth objectives. Breezeeastern Corp. has a market cap of $56.4 million; its shares were traded at around $6 with a P/E ratio of 10.17 and P/S ratio of 0.75.


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




Directors and Officers Recent Trades:


  • Buy:: Director Jay R Harris bought 10,000 shares of BZC stock on 12/11/2009 at the average price of 5.94, the price of the stock has increased by 1.01% since.

  • Buy:: Executive Vice President & COO Donald Michael Jr Harlan bought 3,400 shares of BZC stock on 11/23/2009 at the average price of 6.08, the price of the stock has decreased by 1.32% since.

  • Sell:: Director Russell M Sarachek sold 2,600 shares of BZC stock on 11/25/2009 at the average price of 6.4, the price of the stock has decreased by 6.25% since.


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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