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Transcat Inc. (TRNS) Chairman of the Board Carl E Sassano sells 2,292 Shares

February 02, 2011 | About:
insider

insider

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Chairman of the Board of Transcat Inc. (TRNS) Carl E Sassano sells 2,292 shares of TRNS on 01/31/2011 at an average price of $7.98 a share.

Transcat Inc has a market cap of $57.8 million; its shares were traded at around $7.9 with a P/E ratio of 22.6 and P/S ratio of 0.8. Transcat Inc had an annual average earning growth of 18.9% over the past 5 years.


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




Directors and Officers Recent Trades:


  • Sell: Director Harvey J Palmer sold 3,545 shares of TRNS stock on 08/18/2010 at the average price of 7.5. Harvey J Palmer owns at least 73,668 shares after this. The price of the stock has increased by 5.33% since.

  • Sell: Director Harvey J Palmer sold 2,500 shares of TRNS stock on 08/11/2010 at the average price of 7. Harvey J Palmer owns at least 73,213 shares after this. The price of the stock has increased by 12.86% since.

  • Sell: Director Francis R Bradley sold 3,000 shares of TRNS stock on 08/11/2010 at the average price of 7.02. Francis R Bradley owns at least 21,648 shares after this. The price of the stock has increased by 12.54% since.



For the complete insider trading history of TRNS, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 4.5/5 (2 votes)

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