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Microsemi Corp. (MSCC) Chairman of the Board Dennis R Leibel sells 2,500 Shares

August 18, 2010 | About:
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Chairman of the Board of Microsemi Corp. (MSCC) Dennis R Leibel sells 2,500 shares of MSCC on 08/18/2010 at an average price of $14.89 a share.

Microsemi Corp. has a market cap of $1.23 billion; its shares were traded at around $14.85 with a P/E ratio of 19.5 and P/S ratio of 2.7. Microsemi Corp. had an annual average earning growth of 5.2% over the past 10 years.

MSCC is in the portfolios of David Dreman of Dreman Value Management, Columbia Wanger of Columbia Wanger Asset Management, Louis Moore Bacon of Moore Capital Management, LP, Robert Olstein of Olstein Financial Alert Fund, Chuck Royce of Royce& Associates, Pioneer Investments, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC.

CFO Recent Trades:


  • Sell: VP and CFO John W Hohener sold 1,353 shares of MSCC stock on 04/01/2010 at the average price of 17.44. John W Hohener owns at least 137,000 shares after this. The price of the stock has decreased by 14.85% since.

  • Sell: VP and CFO John W Hohener sold 4,000 shares of MSCC stock on 03/08/2010 at the average price of 17. John W Hohener owns at least 138,353 shares after this. The price of the stock has decreased by 12.65% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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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