$1.5M of CNIT bought by Lin Jiang Huai on 09/10/2012

Lin Jiang Huai purchased 1,400,000 shares of China Information Technology, Inc stock, or $1,540,000 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on September 10, 2012.

After the transaction, Lin Jiang Huai's stake was reported as 13,992,750 shares of China Information Technology, Inc stock.

As noted on September 11, 2012, Lin Jiang Huai's purchase was done directly over 1 transaction on September 10, 2012. The share price for the transaction was $1.1 according to the regulatory filing detailing the trade.

If we look over the past 12 months, Lin Jiang Huai has sold no shares of China Information Technology, Inc stock. Over the same time period, Lin Jiang Huai has purchased 1,400,000 shares of China Information Technology, Inc, with a total cost of $1,540,000.

Let's take a quick, high-level look at insider trading at China Information Technology, Inc over the past 12 months. No shares of China Information Technology, Inc stock were sold by company insiders. Over the same time 12 month time period, 3,049,879 shares of China Information Technology, Inc, for a total value of $3,332,054 were purchased by company insiders.

To view the complete SEC Filing: China Information Technology, Inc Form 4 (Insider Trading) SEC Filing