Altera Corp. (ALTR) President and CEO John Daane sells 300,000 Shares

President and CEO of Altera Corp. (ALTR, Financial) John Daane sells 300,000 shares of ALTR on 12/02/2010 at an average price of $37.05 a share.

Altera Corp. has a market cap of $11.47 billion; its shares were traded at around $37.33 with a P/E ratio of 17.7 and P/S ratio of 9.6. The dividend yield of Altera Corp. stocks is 0.7%. Altera Corp. had an annual average earning growth of 6.6% over the past 5 years.

ALTR is in the portfolios of PRIMECAP Management, John Hussman of Hussman Economtrics Advisors, Inc., Jim Simons of Renaissance Technologies LLC, John Buckingham of Al Frank Asset Management, Inc., Pioneer Investments, David Tepper of APPALOOSA MANAGEMENT LP, Chris Davis of Davis Selected Advisers, Jeremy Grantham of GMO LLC.

CEO Recent Trades:

  • Sell: President and CEO John Daane sold 200,000 shares of ALTR stock on 11/09/2010 at the average price of 33.71. John Daane owns at least 386,881 shares after this. The price of the stock has increased by 10.74% since.

  • Sell: President and CEO John Daane sold 300,000 shares of ALTR stock on 11/05/2010 at the average price of 32.94. John Daane owns at least 386,881 shares after this. The price of the stock has increased by 13.33% since.

  • Sell: President and CEO John Daane sold 100,000 shares of ALTR stock on 09/08/2010 at the average price of 27.25. John Daane owns at least 386,568 shares after this. The price of the stock has increased by 36.99% since.



Directors and Officers Recent Trades:

  • Sell: VP, Human Resources Kevin H Lyman sold 7,500 shares of ALTR stock on 11/08/2010 at the average price of 33.8. The price of the stock has increased by 10.44% since.

  • Sell: Sr VP, WW Ops & Engineering William Hata sold 5,000 shares of ALTR stock on 11/05/2010 at the average price of 33.14. William Hata owns at least 37,411 shares after this. The price of the stock has increased by 12.64% since.

  • Sell: Sr VP, Research & Development Misha Burich sold 40,000 shares of ALTR stock on 11/04/2010 at the average price of 33.04. Misha Burich owns at least 14,169 shares after this. The price of the stock has increased by 12.98% since.

  • Sell: Sr. VP Business Development Lance Lissner sold 90,027 shares of ALTR stock on 11/04/2010 at the average price of 31.93. Lance Lissner owns at least 17,899 shares after this. The price of the stock has increased by 16.91% since.

  • Sell: Sr VP & GM Penang Operation Jordan Plofsky sold 125,000 shares of ALTR stock on 11/04/2010 at the average price of 33.06. Jordan Plofsky owns at least 88,607 shares after this. The price of the stock has increased by 12.92% since.