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USA Mobility Inc. (USMO) President & CEO Vincent D Kelly sells 25,000 Shares

May 20, 2010 | About:
insider

insider

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President & CEO of USA Mobility Inc. (USMO) Vincent D Kelly sells 25,000 shares of USMO on 05/19/2010 at an average price of $14.74 a share.

Usa Mobility Inc. has a market cap of $330.4 million; its shares were traded at around $14.8 with a P/E ratio of 10.2 and P/S ratio of 1.2.

USMO is in the portfolios of Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Chuck Royce of Royce& Associates, Steven Cohen of SAC Capital Advisors.


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




Directors and Officers Recent Trades:


  • Buy:: Chief Technology Officer Tom Saine bought 395 shares of USMO stock on 03/22/2010 at the average price of 12.46, the price of the stock has increased by 18.78% since.

  • Sell:: Director Nicholas A Gallopo sold 741 shares of USMO stock on 05/17/2010 at the average price of 15, the price of the stock has decreased by 1.33% since.

  • Sell:: Exec. Vice President for Sales Jim Boso sold 3,000 shares of USMO stock on 05/14/2010 at the average price of 14.64, the price of the stock has increased by 1.09% since.

  • Sell:: Director Matthew Oristano sold 1,086 shares of USMO stock on 05/13/2010 at the average price of 14.53, the price of the stock has increased by 1.86% since.

  • Sell:: Director Nicholas A Gallopo sold 874 shares of USMO stock on 03/24/2010 at the average price of 12.87, the price of the stock has increased by 15% 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: 3.3/5 (6 votes)

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