Staying Wary on Bruker
According to a filing with the Securities and Exchange Commission, Frank Laukien, CEO and president of Bruker (BRKR), purchased 50,000 shares of the company's stock on Dec. 7, at an average price of $13.97. Laukien now owns 39.1 million shares.
Since the purchase, the stock has rallied to about $15, up from under $13 at the beginning of 2012. Laukien's last major insider purchase was in mid-September. We like to track insider purchases, as they can often indicate optimism about the company, and it's particularly interesting to see the CEO buying. Not only does a CEO face the same concerns about diversification as other insiders (if not more so), he or she is also generally well informed about operations and about potential developments in the business....499 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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