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Orion Energy Systems Inc. (OESX) CEO Neal R Verfuerth sells 20,000 Shares

March 08, 2010 | About:
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insider

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CEO of Orion Energy Systems Inc. (OESX) Neal R Verfuerth sells 20,000 shares of OESX on 03/05/2010 at an average price of $5.29 a share.

Orion Energy Systems Inc. has a market cap of $120.03 million; its shares were traded at around $5.4 with and P/S ratio of 1.65.

OESX is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES, John Rogers of ARIEL CAPITAL MANAGEMENT LLC, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Sell:: CEO Neal R Verfuerth sold 60,000 shares of OESX stock on 03/04/2010 at the average price of 5.31, the price of the stock has increased by 1.69% since.



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




Directors and Officers Recent Trades:


  • Buy:: Senior VP - Human Resources Stuart L Ralsky bought 2,500 shares of OESX stock on 11/04/2009 at the average price of 3.76, the price of the stock has increased by 43.62% since.

  • Sell:: VP of Operations Patricia A Verfuerth sold 60,000 shares of OESX stock on 03/04/2010 at the average price of 5.31, the price of the stock has increased by 1.69% since.

  • Sell:: VP, Gen Counsel and Secretary Estorff Eric Von sold 20,000 shares of OESX stock on 01/12/2010 at the average price of 5.5, the price of the stock has decreased by 1.82% since.

  • Sell:: Pres. Asset Management Div. Daniel J Waibel sold 79,968 shares of OESX stock on 10/29/2009 at the average price of 3.96, the price of the stock has increased by 36.36% 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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