Global Industries Ltd. (GLBL) CEO John Burwell Jr Reed buys 10,000 Shares

Aug 12, 2010

CEO of Global Industries Ltd. (GLBL, Financial) John Burwell Jr Reed buys 10,000 shares of GLBL on 08/11/2010 at an average price of $4.53 a share.

Global Industries Ltd. has a market cap of $514.7 million; its shares were traded at around $4.48 with and P/S ratio of 0.6.

GLBL is in the portfolios of Michael Price of MFP Investors LLC, Chuck Royce of Royce& Associates, Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC, Kenneth Fisher of Fisher Asset Management, LLC, Jeremy Grantham of GMO LLC.

CEO Recent Trades:

Buy: CEO John Burwell Jr Reed bought 20,000 shares of GLBL stock on 06/07/2010 at the average price of 4.88. John Burwell Jr Reed owns at least 220,000 shares after this. The price of the stock has decreased by 8.2% since.

Directors and Officers Recent Trades:

Buy: Director, 10% Owner William J Dore bought 281,673 shares of GLBL stock on 05/10/2010 at the average price of 5.5. William J Dore owns at least 12,438,675 shares after this. The price of the stock has decreased by 18.55% since.
Sell: SVP, CAO & General Counsel Russell J Robicheaux sold 2,600 shares of GLBL stock on 06/03/2010 at the average price of 5.14. Russell J Robicheaux owns at least 150,008 shares after this. The price of the stock has decreased by 12.84% since.
Sell: Sr VP-Worldwide Bus Dev John M Katok sold 2,249 shares of GLBL stock on 06/03/2010 at the average price of 5.13. John M Katok owns at least 70,741 shares after this. The price of the stock has decreased by 12.67% since.
Sell: Director, 10% Owner William J Dore sold 281,673 shares of GLBL stock on 05/12/2010 at the average price of 5.52. William J Dore owns at least 12,157,002 shares after this. The price of the stock has decreased by 18.84% since.
Sell: Sr VP Operations Byron W Baker sold 7,100 shares of GLBL stock on 04/01/2010 at the average price of 6.54. Byron W Baker owns at least 133,778 shares after this. The price of the stock has decreased by 31.5% since.

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