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NetSol Technologies Inc. (NTWK) CEO Najeeb Ghauri buys 375,000 Shares

May 17, 2010 | About:
insider

insider

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Chairman, CEO of NetSol Technologies Inc. (NTWK) Najeeb Ghauri buys 375,000 shares of NTWK on 05/14/2010 at an average price of $0.87 a share.

Netsol Technologies Inc. has a market cap of $28.8 million; its shares were traded at around $0.81 with a P/E ratio of 40.5 and P/S ratio of 1.1.

NTWK is in the portfolios of Jim Simons of Renaissance Technologies LLC.

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


CEO Recent Trades:


  • Buy:: Chairman, CEO Najeeb Ghauri bought 7,600 shares of NTWK stock on 03/05/2010 at the average price of 0.93, the price of the stock has decreased by 12.9% since.

  • Buy:: Chairman, CEO Najeeb Ghauri bought 24,600 shares of NTWK stock on 12/22/2009 at the average price of 0.99, the price of the stock has decreased by 18.18% since.



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




Directors and Officers Recent Trades:


  • Buy:: Director Shahid Burki bought 5,000 shares of NTWK stock on 12/22/2009 at the average price of 0.99, the price of the stock has decreased by 18.18% since.

  • Sell:: Director Mark Caton sold 6,000 shares of NTWK stock on 03/11/2010 at the average price of 0.95, the price of the stock has decreased by 14.74% 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


Rating: 4.0/5 (2 votes)

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