Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

IIVI Inc. (IIVI) President & CEO Francis J Kramer sells 9,000 Shares

May 04, 2010 | About:
insider

insider

41 followers
President & CEO of IIVI Inc. (IIVI) Francis J Kramer sells 9,000 shares of IIVI on 04/30/2010 at an average price of $33.67 a share.

Iivi Inc. has a market cap of $1.12 billion; its shares were traded at around $36.5 with a P/E ratio of 36.9 and P/S ratio of 3.8. Iivi Inc. had an annual average earning growth of 19.9% over the past 10 years. GuruFocus rated Iivi Inc. the business predictability rank of 5-star.

IIVI is in the portfolios of Chuck Royce of Royce& Associates.


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




Directors and Officers Recent Trades:


  • Sell:: Vice President James Martinelli sold 12,000 shares of IIVI stock on 04/30/2010 at the average price of 37.33, the price of the stock has decreased by 2.22% since.

  • Sell:: Chairman, 10% Owner Carl J Johnson sold 1,562 shares of IIVI stock on 04/26/2010 at the average price of 34.64, the price of the stock has increased by 5.37% since.

  • Sell:: Chairman, 10% Owner Carl J Johnson sold 1,562 shares of IIVI stock on 03/25/2010 at the average price of 32.9, the price of the stock has increased by 10.94% since.

  • Sell:: Chairman, 10% Owner Carl J Johnson sold 1,562 shares of IIVI stock on 02/25/2010 at the average price of 27.93, the price of the stock has increased by 30.68% since.

  • Sell:: Chairman, 10% Owner Carl J Johnson sold 3,000 shares of IIVI stock on 02/22/2010 at the average price of 28.12, the price of the stock has increased by 29.8% 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.

» Take a Free Trial of Premium Membership

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 (3 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.