SVP, Finance and CFO of Varian Medical Systems Inc. (VAR) Elisha W Finney sells 10,000 shares of VAR on 02/07/2011 at an average price of $67.7 a share.

Varian Medical Systems Inc. has a market cap of $8.29 billion; its shares were traded at around $68.36 with a P/E ratio of 22.2 and P/S ratio of 3.5. Varian Medical Systems Inc. had an annual average earning growth of 19.5% over the past 10 years. GuruFocus rated Varian Medical Systems Inc. the business predictability rank of 4.5-star.

Hedge Fund Gurus that owns VAR: Louis Moore Bacon of Moore Capital Management, LP, Steven Cohen of SAC Capital Advisors, Bruce Kovner of Caxton Associates. Mutual Fund and Other Gurus that owns VAR: Westport Asset Management, John Buckingham of Al Frank Asset Management, Inc., John Hussman of Hussman Economtrics Advisors, Inc., First Pacific Advisors of First Pacific Advisors, LLC, Jeremy Grantham of GMO LLC, Mario Gabelli of GAMCO Investors.

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

CEO Recent Trades:

• Sell: President and CEO Timothy E Guertin sold 45,000 shares of VAR stock on 01/31/2011 at the average price of 68.4. Timothy E Guertin owns at least 117,389 shares after this. The price of the stock has decreased by 0.06% since.


• Sell: President and CEO Timothy E Guertin sold 45,000 shares of VAR stock on 11/02/2010 at the average price of 62.44. Timothy E Guertin owns at least 117,389 shares after this. The price of the stock has increased by 9.48% since.


• Sell: President and CEO Timothy E Guertin sold 45,000 shares of VAR stock on 09/27/2010 at the average price of 59.59. Timothy E Guertin owns at least 117,389 shares after this. The price of the stock has increased by 14.72% since.

CFO Recent Trades:

• Sell: SVP, Finance and CFO Elisha W Finney sold 10,000 shares of VAR stock on 01/05/2011 at the average price of 69.52. Elisha W Finney owns at least 70,563 shares after this. The price of the stock has decreased by 1.67% since.


• Sell: SVP, Finance and CFO Elisha W Finney sold 10,000 shares of VAR stock on 12/06/2010 at the average price of 69.05. Elisha W Finney owns at least 70,563 shares after this. The price of the stock has decreased by 1% since.


• Sell: SVP, Finance and CFO Elisha W Finney sold 10,000 shares of VAR stock on 11/05/2010 at the average price of 64.79. Elisha W Finney owns at least 70,563 shares after this. The price of the stock has increased by 5.51% since.


• Sell: SVP, Finance and CFO Elisha W Finney sold 10,000 shares of VAR stock on 10/05/2010 at the average price of 61.68. Elisha W Finney owns at least 70,563 shares after this. The price of the stock has increased by 10.83% since.


• Sell: SVP, Finance and CFO Elisha W Finney sold 10,000 shares of VAR stock on 09/07/2010 at the average price of 56.02. Elisha W Finney owns at least 70,563 shares after this. The price of the stock has increased by 22.03% since.

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

Directors and Officers Recent Trades:

• Sell: Director Richard M Levy sold 15,000 shares of VAR stock on 01/31/2011 at the average price of 68.4. Richard M Levy owns at least 58,907 shares after this. The price of the stock has decreased by 0.06% since.


• Sell: EVP and Pres. Oncology Sys. Dow R Wilson sold 2,315 shares of VAR stock on 01/13/2011 at the average price of 69.81. Dow R Wilson owns at least 42,613 shares after this. The price of the stock has decreased by 2.08% since.


• Sell: Director Richard M Levy sold 15,000 shares of VAR stock on 01/10/2011 at the average price of 68.27. Richard M Levy owns at least 60,907 shares after this. The price of the stock has increased by 0.13% since.


• Sell: VP, Gen Counsel and Secretary John W Kuo sold 73,333 shares of VAR stock on 12/28/2010 at the average price of 70.62. John W Kuo owns at least 17,264 shares after this. The price of the stock has decreased by 3.2% since.


• Sell: Director Richard M Levy sold 15,000 shares of VAR stock on 12/27/2010 at the average price of 70.59. Richard M Levy owns at least 62,907 shares after this. The price of the stock has decreased by 3.16% since.

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

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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