President & CEO of Tekelec (TKLC) Franco Plastina sells 7,500 shares of TKLC on 08/10/2010 at an average price of $11.93 a share.

Tekelec has a market cap of $793.9 million; its shares were traded at around $11.62 with a P/E ratio of 12.8 and P/S ratio of 1.7.

TKLC is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC.

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

CEO Recent Trades:

• Sell: President & CEO Franco Plastina sold 11,998 shares of TKLC stock on 05/14/2010 at the average price of 15.2. Franco Plastina owns at least 180,881 shares after this. The price of the stock has decreased by 23.55% since.


• Sell: President & CEO Franco Plastina sold 7,500 shares of TKLC stock on 05/11/2010 at the average price of 14.9. Franco Plastina owns at least 192,879 shares after this. The price of the stock has decreased by 22.01% since.


• Sell: President & CEO Franco Plastina sold 19,518 shares of TKLC stock on 02/22/2010 at the average price of 16.79. Franco Plastina owns at least 160,230 shares after this. The price of the stock has decreased by 30.79% since.


• Sell: President & CEO Franco Plastina sold 7,500 shares of TKLC stock on 02/17/2010 at the average price of 16.72. Franco Plastina owns at least 160,230 shares after this. The price of the stock has decreased by 30.5% since.

CFO Recent Trades:

• Sell: CFO Gregory S Rush sold 3,377 shares of TKLC stock on 05/19/2010 at the average price of 14.81. The price of the stock has decreased by 21.54% since.


• Sell: CFO William H Everett sold 24,000 shares of TKLC stock on 02/18/2010 at the average price of 16.62. William H Everett owns at least 13,191 shares after this. The price of the stock has decreased by 30.08% since.

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

Directors and Officers Recent Trades:

• Sell: Chief Information Officer Marykay Wells sold 1,688 shares of TKLC stock on 06/08/2010 at the average price of 13.62. The price of the stock has decreased by 14.68% since.


• Sell: EVP Global Product Solutions Lange Ronald J De sold 4,221 shares of TKLC stock on 05/19/2010 at the average price of 14.84. Lange Ronald J De owns at least 25,028 shares after this. The price of the stock has decreased by 21.7% since.


• Sell: SVP, Global Sales Wolrad Claudy sold 1,386 shares of TKLC stock on 03/19/2010 at the average price of 18.29. Wolrad Claudy owns at least 17,546 shares after this. The price of the stock has decreased by 36.47% since.


• Sell: SVP, Global Sales Wolrad Claudy sold 17,500 shares of TKLC stock on 03/16/2010 at the average price of 18.4. Wolrad Claudy owns at least 18,932 shares after this. The price of the stock has decreased by 36.85% since.


• Sell: EVP Global Product Solutions Lange Ronald J De sold 62,500 shares of TKLC stock on 03/12/2010 at the average price of 18.51. Lange Ronald J De owns at least 25,028 shares after this. The price of the stock has decreased by 37.22% 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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