Exec VP and CFO of Coherent Inc. (COHR) Helene Simonet sells 11,801 shares of COHR on 09/03/2010 at an average price of $38.5 a share.

Coherent Inc. has a market cap of $946.6 million; its shares were traded at around $38.08 with a P/E ratio of 37.3 and P/S ratio of 2.2.

COHR is in the portfolios of NWQ Managers of NWQ Investment Management Co, Chuck Royce of Royce& Associates, Bruce Kovner of Caxton Associates.


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

Directors and Officers Recent Trades:

• Sell: Director Sandeep Vij sold 45,993 shares of COHR stock on 08/27/2010 at the average price of 37.52. Sandeep Vij owns at least 13,200 shares after this. The price of the stock has increased by 1.49% since.


• Sell: Director Sandeep Vij sold 7,007 shares of COHR stock on 08/18/2010 at the average price of 37.54. Sandeep Vij owns at least 7,600 shares after this. The price of the stock has increased by 1.44% since.


• Sell: EVP Mark Stewart Sobey sold 1,129 shares of COHR stock on 08/05/2010 at the average price of 37.35. Mark Stewart Sobey owns at least 1,583 shares after this. The price of the stock has increased by 1.95% since.


• Sell: Exec VP, CTO Luis Spinelli sold 2,265 shares of COHR stock on 08/03/2010 at the average price of 36.97. Luis Spinelli owns at least 4,116 shares after this. The price of the stock has increased by 3% since.


• Sell: Director Lawrence Tomlinson sold 6,000 shares of COHR stock on 04/30/2010 at the average price of 37.98. Lawrence Tomlinson owns at least 5,200 shares after this. The price of the stock has increased by 0.26% 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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