President and CEO of Blackbaud Inc. (BLKB) Marc Chardon sells 101,350 shares of BLKB on 08/05/2010 at an average price of $24.42 a share.

Blackbaud Inc. has a market cap of $1.09 billion; its shares were traded at around $24.28 with a P/E ratio of 30.4 and P/S ratio of 3.6. The dividend yield of Blackbaud Inc. stocks is 1.8%. Blackbaud Inc. had an annual average earning growth of 11.4% over the past 5 years.

BLKB is in the portfolios of Richard Aster Jr of Meridian Fund, Richard Aster Jr of Meridian Fund, Columbia Wanger of Columbia Wanger Asset Management, Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, Jeremy Grantham of GMO LLC.

This is the annual revenues and earnings per share of BLKB over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of BLKB.

CEO Recent Trades:

• Sell: President and CEO Marc Chardon sold 1,600 shares of BLKB stock on 05/13/2010 at the average price of 24.05. Marc Chardon owns at least 85,920 shares after this. The price of the stock has increased by 0.96% since.


• Sell: President and CEO Marc Chardon sold 4,760 shares of BLKB stock on 04/21/2010 at the average price of 26.93. Marc Chardon owns at least 85,920 shares after this. The price of the stock has decreased by 9.84% since.


• Sell: President and CEO Marc Chardon sold 100,000 shares of BLKB stock on 03/09/2010 at the average price of 24.93. Marc Chardon owns at least 94,137 shares after this. The price of the stock has decreased by 2.61% since.

CFO Recent Trades:

• Sell: CFO and Senior VP Timothy V Williams sold 61,147 shares of BLKB stock on 02/19/2010 at the average price of 23.26. Timothy V Williams owns at least 37,268 shares after this. The price of the stock has increased by 4.39% since.


• Sell: CFO and Senior VP Timothy V Williams sold 38,853 shares of BLKB stock on 02/18/2010 at the average price of 23.01. Timothy V Williams owns at least 37,268 shares after this. The price of the stock has increased by 5.52% since.

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

Directors and Officers Recent Trades:

• Sell: Pres Enterprise Cust Bus. Unit Charles T Cumbaa sold 4,500 shares of BLKB stock on 08/04/2010 at the average price of 24.67. Charles T Cumbaa owns at least 46,408 shares after this. The price of the stock has decreased by 1.58% since.


• Sell: Senior VP of Product Dev Louis J Attanasi sold 1,759 shares of BLKB stock on 07/28/2010 at the average price of 23.99. Louis J Attanasi owns at least 99,543 shares after this. The price of the stock has increased by 1.21% since.


• Sell: Director Andrew M Leitch sold 13,274 shares of BLKB stock on 05/10/2010 at the average price of 22.3. Andrew M Leitch owns at least 4,161 shares after this. The price of the stock has increased by 8.88% since.


• Sell: Senior VP, Products & Services Charles T Cumbaa sold 5,000 shares of BLKB stock on 03/09/2010 at the average price of 25. Charles T Cumbaa owns at least 32,526 shares after this. The price of the stock has decreased by 2.88% 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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