CEO of Finisar Corp. (FNSR) Eitan Gertel sells 75,000 shares of FNSR on 12/15/2010 at an average price of $27 a share.

Finisar Corp. has a market cap of $2.16 billion; its shares were traded at around $28 with a P/E ratio of 29.2 and P/S ratio of 3.4.

FNSR is in the portfolios of Columbia Wanger of Columbia Wanger Asset Management, RS Investment Management, Pioneer Investments, Steven Cohen of SAC Capital Advisors, Jim Simons of Renaissance Technologies LLC.

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

CEO Recent Trades:

• Sell: CEO Eitan Gertel sold 50,000 shares of FNSR stock on 12/13/2010 at the average price of 25.75. Eitan Gertel owns at least 357,239 shares after this. The price of the stock has increased by 8.74% since.


• Sell: CEO Eitan Gertel sold 75,000 shares of FNSR stock on 12/09/2010 at the average price of 24.07. Eitan Gertel owns at least 407,239 shares after this. The price of the stock has increased by 16.33% since.

CFO Recent Trades:

• Sell: CFO Kurt Adzema sold 40,903 shares of FNSR stock on 12/14/2010 at the average price of 25.89. Kurt Adzema owns at least 46,785 shares after this. The price of the stock has increased by 8.15% since.


• Sell: CFO Kurt Adzema sold 5,542 shares of FNSR stock on 10/04/2010 at the average price of 18.88. Kurt Adzema owns at least 49,639 shares after this. The price of the stock has increased by 48.31% since.


• Sell: CFO Kurt Adzema sold 12,159 shares of FNSR stock on 07/06/2010 at the average price of 14.72. Kurt Adzema owns at least 54,839 shares after this. The price of the stock has increased by 90.22% since.

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

Directors and Officers Recent Trades:

• Sell: Sr VP Sales & Marketing Todd Swanson sold 3,361 shares of FNSR stock on 12/13/2010 at the average price of 25.54. Todd Swanson owns at least 48,278 shares after this. The price of the stock has increased by 9.63% since.


• Sell: Sr. VP Operations Joseph A Young sold 6,100 shares of FNSR stock on 12/10/2010 at the average price of 25.45. Joseph A Young owns at least 67,089 shares after this. The price of the stock has increased by 10.02% since.


• Sell: Director Roger C Ferguson sold 3,750 shares of FNSR stock on 12/06/2010 at the average price of 24.03. Roger C Ferguson owns at least 14,218 shares after this. The price of the stock has increased by 16.52% since.


• Sell: Sr. VP Operations/Engineering Mark Colyar sold 103,691 shares of FNSR stock on 12/03/2010 at the average price of 23.57. Mark Colyar owns at least 87,948 shares after this. The price of the stock has increased by 18.8% since.


• Sell: Sr VP Sales & Marketing Todd Swanson sold 2,850 shares of FNSR stock on 11/15/2010 at the average price of 19.5. Todd Swanson owns at least 51,009 shares after this. The price of the stock has increased by 43.59% 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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