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Graham Corp (GHM) CFO Jeffrey Glajch buys 1,000 Shares

June 08, 2010 | About:
insider

insider

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VP-Finance; CFO of Graham Corp (GHM) Jeffrey Glajch buys 1,000 shares of GHM on 06/04/2010 at an average price of $15.32 a share.

Graham Corp has a market cap of $143.1 million; its shares were traded at around $14.53 with a P/E ratio of 21.4 and P/S ratio of 2.3. The dividend yield of Graham Corp stocks is 0.5%.

GHM is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:


  • Buy:: VP-Finance; CFO Jeffrey Glajch bought 1,380 shares of GHM stock on 02/02/2010 at the average price of 15.87, the price of the stock has decreased by 8.44% since.



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




Directors and Officers Recent Trades:


  • Sell:: Director Jerald D Bidlack sold 5,000 shares of GHM stock on 06/02/2010 at the average price of 16.37, the price of the stock has decreased by 11.24% since.

  • Sell:: Director Jerald D Bidlack sold 2,400 shares of GHM stock on 03/01/2010 at the average price of 16.5, the price of the stock has decreased by 11.94% since.

  • Sell:: Director Jerald D Bidlack sold 2,600 shares of GHM stock on 02/17/2010 at the average price of 16.5, the price of the stock has decreased by 11.94% since.

  • Sell:: Director Jerald D Bidlack sold 5,000 shares of GHM stock on 02/12/2010 at the average price of 16.18, the price of the stock has decreased by 10.2% 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: 2.5/5 (2 votes)

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