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Tellabs Inc. (TLAB) Chairman of the Board Michael J Birck sells 100,000 Shares

September 30, 2010 | About:

insider

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Chairman of the Board of Tellabs Inc. (TLAB) Michael J Birck sells 100,000 shares of TLAB on 09/28/2010 at an average price of $7.59 a share.

Tellabs Inc. has a market cap of $2.93 billion; its shares were traded at around $7.67 with a P/E ratio of 17.1 and P/S ratio of 1.9. The dividend yield of Tellabs Inc. stocks is 1.1%.

TLAB is in the portfolios of Third Avenue Management, Martin Whitman of Third Avenue Value Fund, John Buckingham of Al Frank Asset Management, Inc., Paul Tudor Jones of The Tudor Group, Bruce Kovner of Caxton Associates, Stanley Druckenmiller of Duquesne Capital Management, LLC, Jim Simons of Renaissance Technologies LLC, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Manning & Napier Advisors, Inc, Chuck Royce of Royce& Associates.

CFO Recent Trades:



  • Sell: EVP & CFO Timothy J Wiggins sold 5,879 shares of TLAB stock on 05/06/2010 at the average price of 8.53. Timothy J Wiggins owns at least 270,151 shares after this. The price of the stock has decreased by 10.08% since.
  • Sell: EVP & CFO Timothy J Wiggins sold 30,000 shares of TLAB stock on 04/14/2010 at the average price of 8.41. Timothy J Wiggins owns at least 233,384 shares after this. The price of the stock has decreased by 8.8% since.



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




Directors and Officers Recent Trades:



  • Buy: Director Vincent H Tobkin bought 5,000 shares of TLAB stock on 08/11/2010 at the average price of 7.1. Vincent H Tobkin owns at least 11,600 shares after this. The price of the stock has increased by 8.03% since.
  • Sell: Chairman of the Board Michael J Birck sold 100,000 shares of TLAB stock on 09/27/2010 at the average price of 7.59. Michael J Birck owns at least 32,127,131 shares after this. The price of the stock has increased by 1.05% since.
  • Sell: Chairman of the Board Michael J Birck sold 200,000 shares of TLAB stock on 08/26/2010 at the average price of 7.21. Michael J Birck owns at least 32,292,627 shares after this. The price of the stock has increased by 6.38% since.
  • Sell: EVP & CIO Jean K Holley sold 5,865 shares of TLAB stock on 06/28/2010 at the average price of 6.42. Jean K Holley owns at least 142,316 shares after this. The price of the stock has increased by 19.47% since.
  • Sell: Chairman of the Board Michael J Birck sold 200,000 shares of TLAB stock on 05/26/2010 at the average price of 9.05. Michael J Birck owns at least 32,719,125 shares after this. The price of the stock has decreased by 15.25% since.


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insider
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