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Blackbaud Inc. (BLKB) President and CEO Marc Chardon sells 3,559 Shares

February 15, 2011 | About:
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President and CEO of Blackbaud Inc. (BLKB) Marc Chardon sells 3,559 shares of BLKB on 02/11/2011 at an average price of $25.73 a share.

Blackbaud Inc. has a market cap of $1.18 billion; its shares were traded at around $26.82 with a P/E ratio of 34.4 and P/S ratio of 3.6. The dividend yield of Blackbaud Inc. stocks is 1.6%. Blackbaud Inc. had an annual average earning growth of 11.4% over the past 5 years.

Hedge Fund Gurus that owns BLKB: Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns BLKB: Richard Aster Jr of Meridian Fund, Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates.

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


CEO Recent Trades:


  • Sell: President and CEO Marc Chardon sold 32,300 shares of BLKB stock on 12/07/2010 at the average price of 27.13. Marc Chardon owns at least 78,189 shares after this. The price of the stock has decreased by 1.14% since.

  • Sell: President and CEO Marc Chardon sold 42,700 shares of BLKB stock on 12/06/2010 at the average price of 27.13. Marc Chardon owns at least 78,189 shares after this. The price of the stock has decreased by 1.14% since.

  • Sell: President and CEO Marc Chardon sold 48,013 shares of BLKB stock on 11/10/2010 at the average price of 26.82. Marc Chardon owns at least 80,924 shares after this. The price of the stock has decreased by 0% since.

  • Sell: President and CEO Marc Chardon sold 66,000 shares of BLKB stock on 11/08/2010 at the average price of 26.68. Marc Chardon owns at least 79,709 shares after this. The price of the stock has increased by 0.52% since.

  • Sell: President and CEO Marc Chardon sold 6,211 shares of BLKB stock on 08/31/2010 at the average price of 20.71. Marc Chardon owns at least 79,709 shares after this. The price of the stock has increased by 29.5% since.



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




Directors and Officers Recent Trades:


  • Sell: Director John P Mcconnell sold 20,000 shares of BLKB stock on 02/10/2011 at the average price of 25.95. John P Mcconnell owns at least 47,179 shares after this. The price of the stock has increased by 3.35% since.

  • Sell: Senior VP of Customer Support Gerard J Zink sold 3,770 shares of BLKB stock on 11/24/2010 at the average price of 26. Gerard J Zink owns at least 17,417 shares after this. The price of the stock has increased by 3.15% since.

  • Sell: Senior VP of Customer Support Gerard J Zink sold 1,081 shares of BLKB stock on 11/18/2010 at the average price of 26. Gerard J Zink owns at least 17,417 shares after this. The price of the stock has increased by 3.15% since.

  • Sell: Senior VP of Product Dev Louis J Attanasi sold 2,476 shares of BLKB stock on 11/11/2010 at the average price of 26.57. Louis J Attanasi owns at least 90,018 shares after this. The price of the stock has increased by 0.94% since.

  • Sell: Senior VP of Customer Support Gerard J Zink sold 3,764 shares of BLKB stock on 11/11/2010 at the average price of 26.71. Gerard J Zink owns at least 18,498 shares after this. The price of the stock has increased by 0.41% since.



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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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: 3.8/5 (4 votes)

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