CHAIRMAN, PRESIDENT & CEO of Waters Corp. (WAT) Douglas A Berthiaume sells 100,000 shares of WAT on 12/06/2010 at an average price of $78.5 a share.

Waters Corp. has a market cap of $7.18 billion; its shares were traded at around $78.59 with a P/E ratio of 20.5 and P/S ratio of 4.8. Waters Corp. had an annual average earning growth of 12.4% over the past 10 years. GuruFocus rated Waters Corp. the business predictability rank of 4.5-star.

WAT is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Larry Robbins of Glenview Capital, PRIMECAP Management, Louis Moore Bacon of Moore Capital Management, LP, Jim Simons of Renaissance Technologies LLC, Pioneer Investments, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC, Steven Cohen of SAC Capital Advisors, Chuck Royce of Royce& Associates, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

CFO Recent Trades:

• Sell: CFO John A Ornell sold 40,000 shares of WAT stock on 11/05/2010 at the average price of 77.5. John A Ornell owns at least 17,290 shares after this. The price of the stock has increased by 1.41% since.


• Sell: CFO John A Ornell sold 60,000 shares of WAT stock on 08/06/2010 at the average price of 66. John A Ornell owns at least 17,242 shares after this. The price of the stock has increased by 19.08% since.

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

Directors and Officers Recent Trades:

• Sell: VP & CORPORATE CONTROLLER William Curry sold 542 shares of WAT stock on 11/22/2010 at the average price of 78.8. William Curry owns at least 1,267 shares after this. The price of the stock has decreased by 0.27% since.


• Sell: Director Michael J Berendt sold 2,000 shares of WAT stock on 11/22/2010 at the average price of 78.49. Michael J Berendt owns at least 13,500 shares after this. The price of the stock has increased by 0.13% since.


• Sell: EVP and President, Waters Div Arthur G Caputo sold 50,000 shares of WAT stock on 11/05/2010 at the average price of 77.64. Arthur G Caputo owns at least 175,734 shares after this. The price of the stock has increased by 1.22% since.


• Sell: Director Laurie H Glimeher sold 1,500 shares of WAT stock on 11/04/2010 at the average price of 76.89. Laurie H Glimeher owns at least 4,500 shares after this. The price of the stock has increased by 2.21% since.


• Sell: VP and General Counsel Mark T Beaudouin sold 60,000 shares of WAT stock on 11/02/2010 at the average price of 75.52. Mark T Beaudouin owns at least 5,224 shares after this. The price of the stock has increased by 4.07% 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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