President & CEO of APPLIED MICRO CIRCUITS CORPORATION -NE (AMCC) Paramesh Gopi sells 9,792 shares of AMCC on 11/16/2010 at an average price of $10.24 a share.

Applied Micro Circuits Corporation Common Stock-ne has a market cap of $695.1 million; its shares were traded at around $10.44 with a P/E ratio of 58 and P/S ratio of 3.4.

AMCC is in the portfolios of Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: President & CEO Paramesh Gopi sold 8,125 shares of AMCC stock on 10/18/2010 at the average price of 9.55. Paramesh Gopi owns at least 98,393 shares after this. The price of the stock has increased by 9.32% since.


• Sell: President & CEO Paramesh Gopi sold 8,125 shares of AMCC stock on 09/16/2010 at the average price of 11.55. Paramesh Gopi owns at least 106,518 shares after this. The price of the stock has decreased by 9.61% since.


• Sell: President & CEO Paramesh Gopi sold 9,792 shares of AMCC stock on 08/16/2010 at the average price of 10.74. Paramesh Gopi owns at least 114,643 shares after this. The price of the stock has decreased by 2.79% since.


• Sell: President & CEO Paramesh Gopi sold 8,125 shares of AMCC stock on 07/16/2010 at the average price of 10.77. Paramesh Gopi owns at least 125,964 shares after this. The price of the stock has decreased by 3.06% since.


• Sell: President & CEO Paramesh Gopi sold 8,125 shares of AMCC stock on 06/16/2010 at the average price of 10.96. Paramesh Gopi owns at least 134,089 shares after this. The price of the stock has decreased by 4.74% since.

CFO Recent Trades:

• Sell: Sr VP & CFO Robert Gargus sold 1,583 shares of AMCC stock on 09/30/2010 at the average price of 10.51. Robert Gargus owns at least 71,025 shares after this. The price of the stock has decreased by 0.67% since.


• Sell: Sr VP & CFO Robert Gargus sold 9,551 shares of AMCC stock on 08/02/2010 at the average price of 12.07. Robert Gargus owns at least 86,242 shares after this. The price of the stock has decreased by 13.5% since.


• Sell: Sr VP & CFO Robert Gargus sold 22,051 shares of AMCC stock on 08/02/2010 at the average price of 10.93. Robert Gargus owns at least 73,975 shares after this. The price of the stock has decreased by 4.48% since.


• Sell: Sr VP & CFO Robert Gargus sold 10,000 shares of AMCC stock on 07/01/2010 at the average price of 10.36. Robert Gargus owns at least 95,793 shares after this. The price of the stock has increased by 0.77% since.


• Sell: Sr VP & CFO Robert Gargus sold 13,000 shares of AMCC stock on 06/30/2010 at the average price of 10.47. Robert Gargus owns at least 105,793 shares after this. The price of the stock has decreased by 0.29% since.

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

Directors and Officers Recent Trades:

• Sell: VP Corporate Controller Shiva Kumar Natarajan sold 3,000 shares of AMCC stock on 11/01/2010 at the average price of 10.04. Shiva Kumar Natarajan owns at least 6,037 shares after this. The price of the stock has increased by 3.98% since.


• Sell: VP Operations Hector Berardi sold 8,012 shares of AMCC stock on 08/24/2010 at the average price of 11.35. Hector Berardi owns at least 11,733 shares after this. The price of the stock has decreased by 8.02% since.


• Sell: VP Corporate Controller Shiva Kumar Natarajan sold 4,500 shares of AMCC stock on 07/30/2010 at the average price of 11.31. Shiva Kumar Natarajan owns at least 6,220 shares after this. The price of the stock has decreased by 7.69% since.


• Sell: VP Operations Hector Berardi sold 38,281 shares of AMCC stock on 05/27/2010 at the average price of 11.5. Hector Berardi owns at least 12,871 shares after this. The price of the stock has decreased by 9.22% since.


• Sell: VP Corporate Controller Shiva Kumar Natarajan sold 4,944 shares of AMCC stock on 05/26/2010 at the average price of 10.98. Shiva Kumar Natarajan owns at least 6,220 shares after this. The price of the stock has decreased by 4.92% 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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