CEO & President of Daktronics Inc. (DAKT) James B Morgan sells 5,000 shares of DAKT on 12/17/2010 at an average price of $16 a share.

Daktronics Inc. has a market cap of $664.3 million; its shares were traded at around $16.1 with and P/S ratio of 1.7. The dividend yield of Daktronics Inc. stocks is 0.6%.

DAKT is in the portfolios of Bill Frels of Mairs & Power Inc. , Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors.

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

CEO Recent Trades:

• Sell: CEO & President James B Morgan sold 5,000 shares of DAKT stock on 07/06/2010 at the average price of 7.8. James B Morgan owns at least 1,421,089 shares after this. The price of the stock has increased by 106.41% since.


• Sell: CEO & President James B Morgan sold 6,000 shares of DAKT stock on 06/29/2010 at the average price of 7.65. James B Morgan owns at least 1,426,089 shares after this. The price of the stock has increased by 110.46% since.


• Sell: CEO & President James B Morgan sold 9,000 shares of DAKT stock on 06/28/2010 at the average price of 7.96. James B Morgan owns at least 1,432,089 shares after this. The price of the stock has increased by 102.26% since.


• Sell: CEO & President James B Morgan sold 15,000 shares of DAKT stock on 06/22/2010 at the average price of 8.35. James B Morgan owns at least 1,439,984 shares after this. The price of the stock has increased by 92.81% since.

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

Directors and Officers Recent Trades:

• Sell: Director Duane E Sander sold 30,000 shares of DAKT stock on 12/07/2010 at the average price of 15.2. Duane E Sander owns at least 808,231 shares after this. The price of the stock has increased by 5.92% since.


• Sell: Director James A Vellenga sold 3,000 shares of DAKT stock on 12/07/2010 at the average price of 15.16. James A Vellenga owns at least 29,566 shares after this. The price of the stock has increased by 6.2% since.


• Sell: Vice President Bradley T Wiemann sold 6,000 shares of DAKT stock on 08/27/2010 at the average price of 9.32. Bradley T Wiemann owns at least 101,030 shares after this. The price of the stock has increased by 72.75% since.


• Sell: Director Duane E Sander sold 20,000 shares of DAKT stock on 06/28/2010 at the average price of 7.74. Duane E Sander owns at least 836,078 shares after this. The price of the stock has increased by 108.01% since.


• Sell: Director Duane E Sander sold 10,000 shares of DAKT stock on 06/24/2010 at the average price of 7.78. Duane E Sander owns at least 856,078 shares after this. The price of the stock has increased by 106.94% 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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