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Mercury Computer Systems (MRCY) President and CEO Mark Aslett sells 13,383 Shares

August 20, 2010 | About:
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President and CEO of Mercury Computer Systems (MRCY) Mark Aslett sells 13,383 shares of MRCY on 08/18/2010 at an average price of $11.01 a share.

Mercury Computer Systems has a market cap of $255.2 million; its shares were traded at around $10.78 with a P/E ratio of 12.4 and P/S ratio of 1.3.

MRCY is in the portfolios of George Soros of Soros Fund Management LLC, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, James Barrow of Barrow, Hanley, Mewhinney & Strauss.

CFO Recent Trades:


  • Sell: SVP, CFO and Treasurer Robert Hult sold 1,050 shares of MRCY stock on 06/08/2010 at the average price of 10.33. Robert Hult owns at least 66,847 shares after this. The price of the stock has increased by 4.36% since.



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




Directors and Officers Recent Trades:


  • Sell: SVP and GM, ACS Didier M C Thibaud sold 2,552 shares of MRCY stock on 06/08/2010 at the average price of 10.33. Didier M C Thibaud owns at least 117,776 shares after this. The price of the stock has increased by 4.36% since.

  • Sell: SVP, Human Resources Craig A Saline sold 964 shares of MRCY stock on 06/08/2010 at the average price of 10.33. Craig A Saline owns at least 33,607 shares after this. The price of the stock has increased by 4.36% 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


Rating: 3.5/5 (4 votes)

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