Chairman, Pres., CEO of MICROS Systems Inc. (MCRS) Athanasios L Giannopoulos sells 100,000 shares of MCRS on 09/14/2010 at an average price of $39.61 a share.

Micros Systems Inc. has a market cap of $3.27 billion; its shares were traded at around $40.88 with a P/E ratio of 28.6 and P/S ratio of 3.6. Micros Systems Inc. had an annual average earning growth of 21.9% over the past 10 years. GuruFocus rated Micros Systems Inc. the business predictability rank of 2.5-star.

MCRS is in the portfolios of Richard Aster Jr of Meridian Fund, Columbia Wanger of Columbia Wanger Asset Management, Carl Icahn of Icahn Capital Management LP, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC, Jean-Marie Eveillard of First Eagle Investment Management, LLC, Steven Cohen of SAC Capital Advisors.

CFO Recent Trades:

• Sell: EVP & CFO Cynthia A Russo sold 40,000 shares of MCRS stock on 08/31/2010 at the average price of 38.13. Cynthia A Russo owns at least 556 shares after this. The price of the stock has increased by 7.21% since.

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

Directors and Officers Recent Trades:

• Sell: Director John G Puente sold 25,000 shares of MCRS stock on 09/09/2010 at the average price of 39.45. John G Puente owns at least 27,000 shares after this. The price of the stock has increased by 3.62% since.


• Sell: Director Louis M Brown sold 74,888 shares of MCRS stock on 09/01/2010 at the average price of 38.5. Louis M Brown owns at least 250,376 shares after this. The price of the stock has increased by 6.18% since.


• Sell: EVP Investor Relations Bus Dev Peter J Jr Rogers sold 64,100 shares of MCRS stock on 08/31/2010 at the average price of 38.51. Peter J Jr Rogers owns at least 59,303 shares after this. The price of the stock has increased by 6.15% since.


• Sell: Director Louis M Brown sold 35,496 shares of MCRS stock on 05/04/2010 at the average price of 36.29. Louis M Brown owns at least 290,264 shares after this. The price of the stock has increased by 12.65% since.


• Sell: Chief Administrative Officer Jennifer M Kurdle sold 23,333 shares of MCRS stock on 04/01/2010 at the average price of 33.37. Jennifer M Kurdle owns at least 844 shares after this. The price of the stock has increased by 22.51% 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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