President and CEO of Atheros Communications Inc. (ATHR) Craig H Barratt sells 6,500 shares of ATHR on 08/09/2010 at an average price of $26.3 a share.

Atheros Communications Inc. has a market cap of $1.87 billion; its shares were traded at around $26.78 with a P/E ratio of 18 and P/S ratio of 3.5. Atheros Communications Inc. had an annual average earning growth of 25.6% over the past 5 years.

ATHR is in the portfolios of RS Investment Management, Jim Simons of Renaissance Technologies LLC, Paul Tudor Jones of The Tudor Group, Jeremy Grantham of GMO LLC, George Soros of Soros Fund Management LLC.

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

CEO Recent Trades:

• Sell: President and CEO Craig H Barratt sold 1,600 shares of ATHR stock on 08/02/2010 at the average price of 26.45. Craig H Barratt owns at least 245,113 shares after this. The price of the stock has increased by 1.25% since.


• Sell: President and CEO Craig H Barratt sold 106,500 shares of ATHR stock on 05/10/2010 at the average price of 36.4. Craig H Barratt owns at least 246,713 shares after this. The price of the stock has decreased by 26.43% since.


• Sell: President and CEO Craig H Barratt sold 1,600 shares of ATHR stock on 05/03/2010 at the average price of 39.4. Craig H Barratt owns at least 303,213 shares after this. The price of the stock has decreased by 32.03% since.


• Sell: President and CEO Craig H Barratt sold 60,000 shares of ATHR stock on 02/12/2010 at the average price of 34.07. Craig H Barratt owns at least 302,563 shares after this. The price of the stock has decreased by 21.4% since.

CFO Recent Trades:

• Sell: CFO and VP Jack R Lazar sold 2,501 shares of ATHR stock on 05/10/2010 at the average price of 36.8. Jack R Lazar owns at least 76,166 shares after this. The price of the stock has decreased by 27.23% since.


• Sell: CFO and VP Jack R Lazar sold 1,598 shares of ATHR stock on 05/05/2010 at the average price of 37.59. Jack R Lazar owns at least 78,667 shares after this. The price of the stock has decreased by 28.76% since.


• Sell: CFO and VP Jack R Lazar sold 15,000 shares of ATHR stock on 04/12/2010 at the average price of 39.51. Jack R Lazar owns at least 79,331 shares after this. The price of the stock has decreased by 32.22% since.


• Sell: CFO and VP Jack R Lazar sold 25,000 shares of ATHR stock on 02/12/2010 at the average price of 34.51. Jack R Lazar owns at least 79,331 shares after this. The price of the stock has decreased by 22.4% since.

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

Directors and Officers Recent Trades:

• Sell: VP & Chief Accounting Officer David D Torre sold 285 shares of ATHR stock on 08/03/2010 at the average price of 26.05. David D Torre owns at least 27,550 shares after this. The price of the stock has increased by 2.8% since.


• Sell: Vice President Sales & GM Gary Szilagyi sold 385 shares of ATHR stock on 08/03/2010 at the average price of 26.02. Gary Szilagyi owns at least 83,245 shares after this. The price of the stock has increased by 2.92% since.


• Sell: Vice President Operations Hing Chu sold 217 shares of ATHR stock on 08/03/2010 at the average price of 26.02. Hing Chu owns at least 45,328 shares after this. The price of the stock has increased by 2.92% since.


• Sell: VP & General Counsel Adam H Tachner sold 354 shares of ATHR stock on 08/02/2010 at the average price of 26.54. Adam H Tachner owns at least 30,844 shares after this. The price of the stock has increased by 0.9% since.


• Sell: Director Charles E Harris sold 25,000 shares of ATHR stock on 07/09/2010 at the average price of 28.32. Charles E Harris owns at least 47,435 shares after this. The price of the stock has decreased by 5.44% 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool