Executive VP, COO, CFO of Quantum Corp. (QTM) Jon W Gacek sells 15,500 shares of QTM on 06/17/2010 at an average price of $2.5 a share.

Quantum Corp. has a market cap of $528.96 million; its shares were traded at around $2.45 with a P/E ratio of 11.67 and P/S ratio of 0.78.

QTM is in the portfolios of Private Capital of Private Capital Management, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:

• Sell: Executive VP, COO, CFO Jon W Gacek sold 45,000 shares of QTM stock on 05/12/2010 at the average price of 2.82. Jon W Gacek owns at least 457,913 shares after this. The price of the stock has decreased by 13.12% since.


• Sell: Executive VP, COO, CFO Jon W Gacek sold 50,000 shares of QTM stock on 04/07/2010 at the average price of 2.76. Jon W Gacek owns at least 457,913 shares after this. The price of the stock has decreased by 11.23% since.


• Sell: Executive VP, COO, CFO Jon W Gacek sold 50,000 shares of QTM stock on 03/19/2010 at the average price of 2.63. Jon W Gacek owns at least 457,913 shares after this. The price of the stock has decreased by 6.84% since.

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

Directors and Officers Recent Trades:

• Sell: EVP, Sales & Marketing William C Britts sold 50,000 shares of QTM stock on 05/17/2010 at the average price of 2.75. William C Britts owns at least 646,243 shares after this. The price of the stock has decreased by 10.91% since.


• Sell: EVP, Sales & Marketing William C Britts sold 50,000 shares of QTM stock on 04/15/2010 at the average price of 2.8. William C Britts owns at least 646,243 shares after this. The price of the stock has decreased by 12.5% since.


• Sell: EVP, Sales & Marketing William C Britts sold 50,000 shares of QTM stock on 03/22/2010 at the average price of 2.54. William C Britts owns at least 646,243 shares after this. The price of the stock has decreased by 3.54% since.


• Sell: Executive VP, Engineering Gerald Lopatin sold 22,698 shares of QTM stock on 03/03/2010 at the average price of 2.59. Gerald Lopatin owns at least 170,833 shares after this. The price of the stock has decreased by 5.41% since.


• Sell: Executive VP, Engineering Gerald Lopatin sold 38,334 shares of QTM stock on 02/24/2010 at the average price of 2.48. Gerald Lopatin owns at least 209,166 shares after this. The price of the stock has decreased by 1.21% 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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