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FLIR Systems Inc. (FLIR) CEO, President & Chairman Earl R Lewis sells 50,000 Shares

August 19, 2010 | About:
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CEO, President & Chairman of FLIR Systems Inc. (FLIR) Earl R Lewis sells 50,000 shares of FLIR on 08/18/2010 at an average price of $27.51 a share.

Flir Systems Inc. has a market cap of $4.22 billion; its shares were traded at around $27.52 with a P/E ratio of 18.4 and P/S ratio of 3.7. Flir Systems Inc. had an annual average earning growth of 25.6% over the past 5 years.

FLIR is in the portfolios of Ron Baron of Baron Funds, Columbia Wanger of Columbia Wanger Asset Management, Pioneer Investments, Chuck Royce of Royce& Associates, Wallace Weitz of Weitz Wallace R & Co, Jeremy Grantham of GMO LLC, Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC, First Pacific Advisors of First Pacific Advisors, LLC.

CFO Recent Trades:


  • Sell: Sr VP and CFO Anthony L Trunzo sold 38,138 shares of FLIR stock on 08/02/2010 at the average price of 29.99. Anthony L Trunzo owns at least 70,545 shares after this. The price of the stock has decreased by 8.24% since.



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




Directors and Officers Recent Trades:


  • Sell: President-Commercial Systems Andrew C Teich sold 34,733 shares of FLIR stock on 05/25/2010 at the average price of 26.83. Andrew C Teich owns at least 69,019 shares after this. The price of the stock has increased by 2.57% since.

  • Sell: President-Commercial Systems Andrew C Teich sold 8,000 shares of FLIR stock on 05/18/2010 at the average price of 29.88. Andrew C Teich owns at least 75,752 shares after this. The price of the stock has decreased by 7.9% since.

  • Sell: President-Commercial Systems Andrew C Teich sold 8,000 shares of FLIR stock on 05/11/2010 at the average price of 29.62. Andrew C Teich owns at least 75,752 shares after this. The price of the stock has decreased by 7.09% since.

  • Sell: Director John C Hart sold 1,160 shares of FLIR stock on 05/11/2010 at the average price of 29.83. John C Hart owns at least 900 shares after this. The price of the stock has decreased by 7.74% since.

  • Sell: President-Commercial Systems Andrew C Teich sold 8,000 shares of FLIR stock on 05/04/2010 at the average price of 30.98. Andrew C Teich owns at least 75,752 shares after this. The price of the stock has decreased by 11.17% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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