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Barnwell Industries Inc (BRN) President and COO Alexander C Kinzler buys 2,000 Shares

March 16, 2010 | About:
insider

insider

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President and COO of Barnwell Industries Inc (BRN) Alexander C Kinzler buys 2,000 shares of BRN on 03/16/2010 at an average price of $4.35 a share.

Barnwell Industries Inc has a market cap of $34.4 million; its shares were traded at around $4.16 with and P/S ratio of 1.1. Barnwell Industries Inc had an annual average earning growth of 20.9% over the past 10 years.

BRN is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Buy:: Chairman, CEO, 10% Owner Morton H. Kinzler bought 5,000 shares of BRN stock on 01/28/2010 at the average price of 3.81, the price of the stock has increased by 9.19% since.



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




Directors and Officers Recent Trades:


  • Buy:: President and COO Alexander C Kinzler bought 2,500 shares of BRN stock on 02/19/2010 at the average price of 4.07, the price of the stock has increased by 2.21% since.

  • Buy:: Director Murray C Gardner bought 890 shares of BRN stock on 10/30/2009 at the average price of 4.59, the price of the stock has decreased by 9.37% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.0/5 (2 votes)

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