Perhaps, the tide is turning. Insider buying in a related sector...
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First Executive Additions at Keithley Instruments Inc. Since
August 1999
April 24, 2001
Two KEI executives purchased a combined 10,900 shares from March
14-16 at prices between $15.00 and $15.89. Director R. Elton White
picked up 9,900 shares, while Director Brian Bachman added 1,000
shares.
The accumulation occurred after KEI shares fell to a 52-week low, after
hitting an all-time high of $107.50 last July. The acquisitions were the first
by Keithley executives since August 1999. Mr. White’s addition was the
largest ever at the company. It marked a reversal of the 10,000 he sold
last August at the $61-level. The accumulation also represented a reversal
of insider sentiment as company executives were previously sellers of the
stock. Subsequent to the recent additions, KEI shares have climbed
significantly to their current price of $24.63.
Solon, Ohio-based Keithley Instruments Inc. makes high-precision
electrical measuring instruments used to monitor processes and production
quality. KEI products include digital multi-meters, electrometers and other
sensitive instruments, automated parametric test systems, and plug-in
boards that enable PCs to be used for data acquisition. |
