President and CEO of Blackbaud Inc. (BLKB) Marc Chardon sells 66,000 shares of BLKB on 11/08/2010 at an average price of $26.68 a share.

Blackbaud Inc. has a market cap of $1.17 billion; its shares were traded at around $26.79 with a P/E ratio of 36.2 and P/S ratio of 3.8. The dividend yield of Blackbaud Inc. stocks is 1.6%. Blackbaud Inc. had an annual average earning growth of 11.4% over the past 5 years.

BLKB is in the portfolios of Richard Aster Jr of Meridian Fund, Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: President and CEO Marc Chardon sold 6,211 shares of BLKB stock on 08/31/2010 at the average price of 20.71. Marc Chardon owns at least 79,709 shares after this. The price of the stock has increased by 29.36% since.


• Sell: President and CEO Marc Chardon sold 101,350 shares of BLKB stock on 08/05/2010 at the average price of 24.42. Marc Chardon owns at least 85,920 shares after this. The price of the stock has increased by 9.71% since.

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

Directors and Officers Recent Trades:

• Sell: Senior VP and Controller Heidi Strenck sold 6,884 shares of BLKB stock on 11/08/2010 at the average price of 26.69. Heidi Strenck owns at least 20,066 shares after this. The price of the stock has increased by 0.37% since.


• Sell: Pres Enterprise Cust Bus. Unit Charles T Cumbaa sold 6,000 shares of BLKB stock on 11/04/2010 at the average price of 26. Charles T Cumbaa owns at least 40,408 shares after this. The price of the stock has increased by 3.04% since.


• Sell: Senior VP of Product Dev Louis J Attanasi sold 8,944 shares of BLKB stock on 11/04/2010 at the average price of 26.71. Louis J Attanasi owns at least 88,099 shares after this. The price of the stock has increased by 0.3% since.


• Sell: Senior VP of Product Dev Louis J Attanasi sold 2,500 shares of BLKB stock on 10/15/2010 at the average price of 25.24. Louis J Attanasi owns at least 97,043 shares after this. The price of the stock has increased by 6.14% since.


• Sell: Director George H Ellis sold 1,600 shares of BLKB stock on 08/16/2010 at the average price of 22.13. George H Ellis owns at least 13,079 shares after this. The price of the stock has increased by 21.06% 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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