Sr. VP & CFO of TeleCommunication Systems Inc. (TSYS) Thomas M Jr Brandt sells 20,000 shares of TSYS on 11/17/2010 at an average price of $4.76 a share.

Telecommunication Systems Inc. has a market cap of $257.5 million; its shares were traded at around $4.85 with a P/E ratio of 11.5 and P/S ratio of 0.9. Telecommunication Systems Inc. had an annual average earning growth of 62.6% over the past 5 years.

TSYS is in the portfolios of Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Mario Gabelli of GAMCO Investors.


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

Directors and Officers Recent Trades:

• Sell: Sr. VP & CMO Timothy James Lorello sold 10,000 shares of TSYS stock on 11/17/2010 at the average price of 4.96. Timothy James Lorello owns at least 257,450 shares after this. The price of the stock has decreased by 2.22% since.


• Sell: Sr. VP & CTO Drew A Morin sold 34,935 shares of TSYS stock on 11/15/2010 at the average price of 5.02. Drew A Morin owns at least 271,480 shares after this. The price of the stock has decreased by 3.39% since.


• Sell: Sr. VP & CMO Timothy James Lorello sold 5,000 shares of TSYS stock on 08/16/2010 at the average price of 3.04. Timothy James Lorello owns at least 267,450 shares after this. The price of the stock has increased by 59.54% since.


• Sell: Sr. VP & CMO Timothy James Lorello sold 5,000 shares of TSYS stock on 08/11/2010 at the average price of 3.18. Timothy James Lorello owns at least 272,450 shares after this. The price of the stock has increased by 52.52% since.


• Sell: Sr. VP & CTO Drew A Morin sold 30,000 shares of TSYS stock on 08/05/2010 at the average price of 3.39. Drew A Morin owns at least 306,415 shares after this. The price of the stock has increased by 43.07% 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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