President and CEO, 10% Owner of Catalyst Pharmaceutical Partners Inc. (CPRX) Patrick J Mcenany buys 9,359 shares of CPRX on 06/15/2010 at an average price of $1.04 a share.

Catalyst Pharmaceutical Partners Inc. has a market cap of $18.8 million; its shares were traded at around $1.04 .


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

Directors and Officers Recent Trades:

• Buy: Director Charles B O'keeffe bought 5,000 shares of CPRX stock on 03/18/2010 at the average price of 0.72. Charles B O'keeffe still owns at least 78876 shares directly or indirectly after this. The price of the stock has increased by 44.44% since.


• Buy: Director Milton J Wallace bought 23,900 shares of CPRX stock on 03/04/2010 at the average price of 0.69. Milton J Wallace still owns at least 373900 shares directly or indirectly after this. The price of the stock has increased by 50.72% since.


• Buy: Director Philip H Coelho bought 5,550 shares of CPRX stock on 02/26/2010 at the average price of 0.67. Philip H Coelho still owns at least 296732 shares directly or indirectly after this. The price of the stock has increased by 55.22% since.


• Buy: Director Philip H Coelho bought 8,000 shares of CPRX stock on 02/26/2010 at the average price of 0.67. Philip H Coelho still owns at least 299182 shares directly or indirectly after this. The price of the stock has increased by 55.22% 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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