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Microsemi Corp. (MSCC) Chairman of the Board Dennis R Leibel sells 2,500 Shares

October 20, 2010 | About:
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Chairman of the Board of Microsemi Corp. (MSCC) Dennis R Leibel sells 2,500 shares of MSCC on 10/20/2010 at an average price of $20.04 a share.

Microsemi Corp. has a market cap of $1.65 billion; its shares were traded at around $19.84 with a P/E ratio of 26.2 and P/S ratio of 3.7. Microsemi Corp. had an annual average earning growth of 5.2% over the past 10 years.

MSCC is in the portfolios of David Dreman of Dreman Value Management, Columbia Wanger of Columbia Wanger Asset Management, Louis Moore Bacon of Moore Capital Management, LP, Robert Olstein of Olstein Financial Alert Fund, Chuck Royce of Royce& Associates, Pioneer Investments, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, George Soros of Soros Fund Management LLC.

This is the annual revenues and earnings per share of MSCC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MSCC.


CEO Recent Trades:


  • Sell: President, CEO & Director James J Peterson sold 156,000 shares of MSCC stock on 10/01/2010 at the average price of 17.2. James J Peterson owns at least 287,000 shares after this. The price of the stock has increased by 15.35% since.


CFO Recent Trades:


  • Sell: EVP & CFO John W Hohener sold 53,333 shares of MSCC stock on 10/01/2010 at the average price of 17.19. John W Hohener owns at least 83,667 shares after this. The price of the stock has increased by 15.42% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Thomas Robert Anderson sold 1,000 shares of MSCC stock on 10/15/2010 at the average price of 20.3. Thomas Robert Anderson owns at least 21,414 shares after this. The price of the stock has decreased by 2.27% since.

  • Sell: EVP & Chief Strategy Officer Steven G Litchfield sold 5,720 shares of MSCC stock on 10/11/2010 at the average price of 20. Steven G Litchfield owns at least 97,666 shares after this. The price of the stock has decreased by 0.8% since.

  • Sell: Director William L Healey sold 2,000 shares of MSCC stock on 10/05/2010 at the average price of 18.43. William L Healey owns at least 12,414 shares after this. The price of the stock has increased by 7.65% since.

  • Sell: Director William Bendush sold 7,500 shares of MSCC stock on 10/05/2010 at the average price of 18.43. William Bendush owns at least 10,414 shares after this. The price of the stock has increased by 7.65% since.

  • Sell: Senior VP of Human Resources John M Holtrust sold 31,112 shares of MSCC stock on 10/01/2010 at the average price of 17.19. John M Holtrust owns at least 36,666 shares after this. The price of the stock has increased by 15.42% since.


About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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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