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Sapient Corp. (SAPE) CEO Alan J Herrick sells 20,000 Shares

December 08, 2010 | About:
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CEO of Sapient Corp. (SAPE) Alan J Herrick sells 20,000 shares of SAPE on 12/07/2010 at an average price of $12.95 a share.

Sapient Corp. has a market cap of $1.77 billion; its shares were traded at around $12.95 with a P/E ratio of 40.4 and P/S ratio of 2.7. Sapient Corp. had an annual average earning growth of 23% over the past 5 years.

SAPE is in the portfolios of John Hussman of Hussman Economtrics Advisors, Inc., Chuck Royce of Royce& Associates, Pioneer Investments, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC.

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


CEO Recent Trades:


  • Sell: CEO Alan J Herrick sold 115,000 shares of SAPE stock on 08/23/2010 at the average price of 10.43. Alan J Herrick owns at least 880,824 shares after this. The price of the stock has increased by 24.16% since.

  • Sell: CEO Alan J Herrick sold 100,000 shares of SAPE stock on 08/16/2010 at the average price of 10.48. Alan J Herrick owns at least 880,824 shares after this. The price of the stock has increased by 23.57% since.



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




Directors and Officers Recent Trades:


  • Sell: Senior Vice President Preston B Bradford sold 20,000 shares of SAPE stock on 12/02/2010 at the average price of 12.83. Preston B Bradford owns at least 307,467 shares after this. The price of the stock has increased by 0.94% since.

  • Sell: Director Darius W Jr Gaskins sold 30,000 shares of SAPE stock on 11/22/2010 at the average price of 12.06. Darius W Jr Gaskins owns at least 210,780 shares after this. The price of the stock has increased by 7.38% since.

  • Sell: Senior Vice President Alan M Wexler sold 34,985 shares of SAPE stock on 11/09/2010 at the average price of 12.59. Alan M Wexler owns at least 259,582 shares after this. The price of the stock has increased by 2.86% since.

  • Sell: Director Ashok Shah sold 9,000 shares of SAPE stock on 09/14/2010 at the average price of 11.2. Ashok Shah owns at least 15,568 shares after this. The price of the stock has increased by 15.63% since.

  • Sell: Senior Vice President Preston B Bradford sold 25,000 shares of SAPE stock on 08/17/2010 at the average price of 10.74. Preston B Bradford owns at least 327,467 shares after this. The price of the stock has increased by 20.58% since.


About the author:

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Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
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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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