VP and CFO of NetLogic Microsystems Inc. (NETL) Michael Truett Tate sells 28,000 shares of NETL on 11/24/2010 at an average price of $31.41 a share.

Netlogic Microsystems Inc. has a market cap of $1.99 billion; its shares were traded at around $31.29 with a P/E ratio of 70.31 and P/S ratio of 11.37.

NETL is in the portfolios of RS Investment Management, Pioneer Investments, Steven Cohen of SAC Capital Advisors.

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

CEO Recent Trades:

• Sell: President and CEO Ronald Steven Jankov sold 20,000 shares of NETL stock on 08/03/2010 at the average price of 29.15. Ronald Steven Jankov owns at least 531,450 shares after this. The price of the stock has increased by 7.34% since.

CFO Recent Trades:

• Sell: VP and CFO Michael Truett Tate sold 15,000 shares of NETL stock on 11/05/2010 at the average price of 31.09. Michael Truett Tate owns at least 109,706 shares after this. The price of the stock has increased by 0.64% since.


• Sell: VP and CFO Michael Truett Tate sold 10,000 shares of NETL stock on 08/31/2010 at the average price of 24.54. Michael Truett Tate owns at least 109,706 shares after this. The price of the stock has increased by 27.51% since.


• Sell: VP and CFO Michael Truett Tate sold 7,500 shares of NETL stock on 08/05/2010 at the average price of 29.72. Michael Truett Tate owns at least 119,706 shares after this. The price of the stock has increased by 5.28% since.

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

Directors and Officers Recent Trades:

• Sell: Vice President of Engineering Dimitrios Dimitrelis sold 12,000 shares of NETL stock on 11/11/2010 at the average price of 29.74. Dimitrios Dimitrelis owns at least 57,300 shares after this. The price of the stock has increased by 5.21% since.


• Sell: Sr VP of Business Operations Ibrahim Korgav sold 10,000 shares of NETL stock on 11/10/2010 at the average price of 31. Ibrahim Korgav owns at least 45,752 shares after this. The price of the stock has increased by 0.94% since.


• Sell: Executive VP and GM Behrooz L. Abdi sold 26,000 shares of NETL stock on 11/08/2010 at the average price of 31.11. Behrooz L. Abdi owns at least 209,301 shares after this. The price of the stock has increased by 0.58% since.


• Sell: Director, 10% Owner Norman Godinho sold 415,516 shares of NETL stock on 11/05/2010 at the average price of 30.93. Norman Godinho owns at least 3,102,794 shares after this. The price of the stock has increased by 1.16% since.


• Sell: Director, 10% Owner Norman Godinho sold 415,516 shares of NETL stock on 11/05/2010 at the average price of 30.93. Norman Godinho owns at least 1,343,639 shares after this. The price of the stock has increased by 1.16% 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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