President & CEO of BofI Holding Inc. (BOFI) Gregory Garrabrants sells 6,500 shares of BOFI on 05/12/2010 at an average price of $16.93 a share.

Bofi Holding Inc. has a market cap of $142.1 million; its shares were traded at around $17.35 with a P/E ratio of 10 and P/S ratio of 2.

BOFI 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 BOFI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of BOFI.

CEO Recent Trades:

• Sell:: President & CEO Gregory Garrabrants sold 8,500 shares of BOFI stock on 05/06/2010 at the average price of 15.19, the price of the stock has increased by 14.22% since.

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

Directors and Officers Recent Trades:

• Sell:: Director Gordon L Witter sold 10,000 shares of BOFI stock on 05/11/2010 at the average price of 17.25, the price of the stock has increased by 0.58% since.


• Sell:: COO Gary Lewis Evans sold 87,100 shares of BOFI stock on 05/07/2010 at the average price of 15.71, the price of the stock has increased by 10.44% since.


• Sell:: Director Paul Grinberg sold 4,000 shares of BOFI stock on 03/04/2010 at the average price of 13.7, the price of the stock has increased by 26.64% since.


• Sell:: V.P./Chief Technology Officer Michael J Berengolts sold 4,522 shares of BOFI stock on 03/02/2010 at the average price of 13.52, the price of the stock has increased by 28.33% since.


• Sell:: V.P./Chief Technology Office Michael J Berengolts sold 21,728 shares of BOFI stock on 02/24/2010 at the average price of 13.5, the price of the stock has increased by 28.52% since.

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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool