CFO of JDS Uniphase Corp. (JDSU) David Vellequette sells 27,593 shares of JDSU on 02/11/2011 at an average price of $25.69 a share.

Jds Uniphase Corp. has a market cap of $6.09 billion; its shares were traded at around $27.89 with a P/E ratio of 50.7 and P/S ratio of 4.5.

Hedge Fund Gurus that owns JDSU: Paul Tudor Jones of The Tudor Group, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns JDSU: RS Investment Management, Jeremy Grantham of GMO LLC.

CFO Recent Trades:

• Sell: CFO David Vellequette sold 122,890 shares of JDSU stock on 02/08/2011 at the average price of 22.11. David Vellequette owns at least 73,402 shares after this. The price of the stock has increased by 26.14% since.


• Sell: CFO David Vellequette sold 57,879 shares of JDSU stock on 01/07/2011 at the average price of 16.05. David Vellequette owns at least 108,792 shares after this. The price of the stock has increased by 73.77% since.


• Sell: CFO David Vellequette sold 128,332 shares of JDSU stock on 01/03/2011 at the average price of 15. David Vellequette owns at least 166,671 shares after this. The price of the stock has increased by 85.93% since.

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

Directors and Officers Recent Trades:

• Sell: Director Casimir S Skrzypczak sold 12,000 shares of JDSU stock on 02/10/2011 at the average price of 26.36. Casimir S Skrzypczak owns at least 17,369 shares after this. The price of the stock has increased by 5.8% since.


• Sell: Director Martin A Kaplan sold 8,750 shares of JDSU stock on 02/08/2011 at the average price of 22.19. Martin A Kaplan owns at least 28,689 shares after this. The price of the stock has increased by 25.69% since.


• Sell: VP, General Counsel Andrew R Pollack sold 10,000 shares of JDSU stock on 02/08/2011 at the average price of 22.5. The price of the stock has increased by 23.96% since.


• Sell: EVP & President, CCOP Alan S Lowe sold 18,333 shares of JDSU stock on 02/04/2011 at the average price of 22.03. The price of the stock has increased by 26.6% since.


• Sell: Director Kevin Kennedy sold 16,000 shares of JDSU stock on 02/01/2011 at the average price of 17.11. Kevin Kennedy owns at least 194,982 shares after this. The price of the stock has increased by 63% since.

For the complete insider trading history of JDSU, 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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