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MagneTek Inc. (MAG) CEO Peter M Mccormick buys 2,000 Shares

May 12, 2010 | About:
insider

insider

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President & CEO of MagneTek Inc. (MAG) Peter M Mccormick buys 2,000 shares of MAG on 05/12/2010 at an average price of $1.65 a share.

Magnetek Inc. has a market cap of $48.5 million; its shares were traded at around $1.56 with and P/S ratio of 0.5.

MAG is in the portfolios of Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates, John Keeley of Keeley Fund Management.

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


CEO Recent Trades:



  • Buy:: President & CEO Peter M Mccormick bought 900 shares of MAG stock on 02/11/2010 at the average price of 1.47, the price of the stock has increased by 6.12% since.
  • Buy:: President & CEO Peter M Mccormick bought 1,000 shares of MAG stock on 12/04/2009 at the average price of 1.61, the price of the stock has decreased by 3.11% since.
  • Buy:: President & CEO Peter M Mccormick bought 1,000 shares of MAG stock on 11/25/2009 at the average price of 1.23, the price of the stock has increased by 26.83% since.


CFO Recent Trades:



  • Buy:: Vice President & CFO Marty J Schwenner bought 1,500 shares of MAG stock on 05/12/2010 at the average price of 1.63, the price of the stock has decreased by 4.29% since.
  • Buy:: Vice President & CFO Marty J Schwenner bought 2,000 shares of MAG stock on 05/11/2010 at the average price of 1.53, the price of the stock has increased by 1.96% since.
  • Buy:: Vice President & CFO Marty J Schwenner bought 2,000 shares of MAG stock on 03/08/2010 at the average price of 1.54, the price of the stock has increased by 1.3% since.
  • Buy:: Vice President & CFO Marty J Schwenner bought 2,000 shares of MAG stock on 02/23/2010 at the average price of 1.5, the price of the stock has increased by 4% since.
  • Buy:: Vice President & CFO Marty J Schwenner bought 1,500 shares of MAG stock on 02/16/2010 at the average price of 1.48, the price of the stock has increased by 5.41% since.



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




Directors and Officers Recent Trades:



  • Buy:: Director David A Sr Bloss bought 10,000 shares of MAG stock on 03/12/2010 at the average price of 1.5, the price of the stock has increased by 4% since.
  • Buy:: Director Mitchell I Quain bought 10,000 shares of MAG stock on 03/12/2010 at the average price of 1.48, the price of the stock has increased by 5.41% since.
  • Buy:: VP, General Counsel & Corp Sec Scott S Cramer bought 1,500 shares of MAG stock on 03/03/2010 at the average price of 1.48, the price of the stock has increased by 5.41% since.
  • Buy:: Director David P Reiland bought 2,000 shares of MAG stock on 02/25/2010 at the average price of 1.45, the price of the stock has increased by 7.59% since.
  • Buy:: Vice President, Controller Ryan D Gile bought 600 shares of MAG stock on 02/18/2010 at the average price of 1.5, the price of the stock has increased by 4% since.


  • 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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About the author:

insider
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