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Broadwind Energy Inc. (BWEN) CEO, 10% Owner John Cameron Drecoll sells 1,125,000 Shares

January 22, 2010 | About:
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insider

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CEO, 10% Owner of Broadwind Energy Inc. (BWEN) John Cameron Drecoll sells 1,125,000 shares of BWEN on 01/21/2010 at an average price of $5.46 a share.

Broadwind Energy Inc. has a market cap of $551.9 million; its shares were traded at around $5.71 .

BWEN is in the portfolios of George Soros of Soros Fund Management LLC.

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


CEO Recent Trades:


  • Sell:: CEO John Cameron Drecoll sold 38,100 shares of BWEN stock on 10/21/2009 at the average price of 7.33, the price of the stock has decreased by 22.1% since.

  • Sell:: CEO John Cameron Drecoll sold 91,300 shares of BWEN stock on 10/16/2009 at the average price of 7.26, the price of the stock has decreased by 21.35% since.

  • Sell:: CEO John Cameron Drecoll sold 17,000 shares of BWEN stock on 10/13/2009 at the average price of 7.36, the price of the stock has decreased by 22.42% since.



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




Directors and Officers Recent Trades:


  • Sell:: 10% Owner Jeffrey L Et Al Gendell sold 6,125,000 shares of BWEN stock on 01/21/2010 at the average price of 5.46, the price of the stock has increased by 4.58% 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


Rating: 4.0/5 (1 vote)

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