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Intevac Inc. (IVAC) Chairman of the Board Norman H Pond sells 9,000 Shares

June 14, 2010 | About:
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insider

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Chairman of the Board of Intevac Inc. (IVAC) Norman H Pond sells 9,000 shares of IVAC on 06/11/2010 at an average price of $11.6 a share.

Intevac Inc. has a market cap of $266.2 million; its shares were traded at around $11.95 with and P/S ratio of 3.41.

IVAC is in the portfolios of Jean-Marie Eveillard of First Eagle Investment Management, LLC, John Buckingham of Al Frank Asset Management, Inc., Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.


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




Directors and Officers Recent Trades:


  • Sell:: Chairman of the Board Norman H Pond sold 15,000 shares of IVAC stock on 05/18/2010 at the average price of 13.5, the price of the stock has decreased by 11.48% since.

  • Sell:: Chairman of the Board Norman H Pond sold 22,940 shares of IVAC stock on 05/13/2010 at the average price of 13.59, the price of the stock has decreased by 12.07% since.

  • Sell:: EVP & GM Hard Disk Equipment Michael A Russak sold 6,394 shares of IVAC stock on 05/07/2010 at the average price of 13, the price of the stock has decreased by 8.08% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.0/5 (2 votes)

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