Sr VP, CFO of Buckeye Technologies Inc. (BKI) Steven G Dean buys 1,000 shares of BKI on 06/09/2010 at an average price of $10.07 a share.

Buckeye Technologies Inc. has a market cap of $396.3 million; its shares were traded at around $10.1 with a P/E ratio of 12.8 and P/S ratio of 0.5. Buckeye Technologies Inc. had an annual average earning growth of 0.4% over the past 10 years.

BKI is in the portfolios of NWQ Managers of NWQ Investment Management Co, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:

• Buy:: Sr VP, CFO Steven G Dean bought 1,000 shares of BKI stock on 06/04/2010 at the average price of 11.22, the price of the stock has decreased by 9.98% since.

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

Directors and Officers Recent Trades:

• Sell:: Sr. VP, Specialty Fibers Douglas L Dowdell sold 6,256 shares of BKI stock on 05/19/2010 at the average price of 12.98, the price of the stock has decreased by 22.19% since.


• Sell:: Sr VP, Specialty Fibers Douglas L Dowdell sold 6,256 shares of BKI stock on 05/12/2010 at the average price of 14.4, the price of the stock has decreased by 29.86% since.


• Sell:: Sr VP, Prod/Mkt Development Paul N Horne sold 14,458 shares of BKI stock on 05/12/2010 at the average price of 14.25, the price of the stock has decreased by 29.12% since.


• Sell:: Sr VP, Strategic Growth Jeffery T Cook sold 11,773 shares of BKI stock on 04/30/2010 at the average price of 14.53, the price of the stock has decreased by 30.49% since.


• Sell:: Sr VP, Specialty Fibers Douglas L Dowdell sold 11,980 shares of BKI stock on 04/30/2010 at the average price of 15, the price of the stock has decreased by 32.67% 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

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