CEO of Novellus Systems Inc. (NVLS) Richard Hill sells 2,500 shares of NVLS on 02/14/2011 at an average price of $40 a share.

Novellus Systems Inc. has a market cap of $3.58 billion; its shares were traded at around $39.64 with a P/E ratio of 13 and P/S ratio of 2.7.

Hedge Fund Gurus that owns NVLS: Private Capital of Private Capital Management, 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 NVLS: Robert Olstein of Olstein Financial Alert Fund, Chuck Royce of Royce& Associates.

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

CEO Recent Trades:

• Sell: CEO Richard Hill sold 2,500 shares of NVLS stock on 02/07/2011 at the average price of 39. Richard Hill owns at least 182,854 shares after this.


• Sell: CEO Richard Hill sold 38,679 shares of NVLS stock on 02/01/2011 at the average price of 38. Richard Hill owns at least 185,354 shares after this.


• Sell: CEO Richard Hill sold 27,066 shares of NVLS stock on 01/14/2011 at the average price of 36. Richard Hill owns at least 198,933 shares after this.


• Sell: CEO Richard Hill sold 300,000 shares of NVLS stock on 12/14/2010 at the average price of 32.69. Richard Hill owns at least 232,418 shares after this.


• Sell: CEO Richard Hill sold 20,870 shares of NVLS stock on 12/13/2010 at the average price of 33.04. Richard Hill owns at least 232,418 shares after this.

CFO Recent Trades:

• Sell: VP and CFO John Hertz sold 45,000 shares of NVLS stock on 01/14/2011 at the average price of 36. John Hertz owns at least 5,000 shares after this.


• Sell: VP and CFO John Hertz sold 13,758 shares of NVLS stock on 12/21/2010 at the average price of 32.6. John Hertz owns at least 5,000 shares after this.


• Sell: VP and CFO John Hertz sold 14,920 shares of NVLS stock on 12/20/2010 at the average price of 32.95. John Hertz owns at least 6,258 shares after this.


• Sell: VP and CFO John Hertz sold 403 shares of NVLS stock on 12/14/2010 at the average price of 32.72. John Hertz owns at least 5,000 shares after this.


• Sell: VP and CFO John Hertz sold 2,500 shares of NVLS stock on 12/13/2010 at the average price of 33.11. John Hertz owns at least 5,403 shares after this.

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

Directors and Officers Recent Trades:

• Sell: Director J David Litster sold 1,667 shares of NVLS stock on 02/11/2011 at the average price of 39.45. J David Litster owns at least 24,000 shares after this.


• Sell: Director Glen Possley sold 11,667 shares of NVLS stock on 02/04/2011 at the average price of 38.5. Glen Possley owns at least 25,999 shares after this.


• Sell: Director Neil R Bonke sold 20,001 shares of NVLS stock on 02/02/2011 at the average price of 37.97. Neil R Bonke owns at least 9,999 shares after this.


• Sell: Director Delbert Whitaker sold 5,000 shares of NVLS stock on 02/02/2011 at the average price of 37.91. Delbert Whitaker owns at least 15,000 shares after this.


• Sell: VP and General Counsel Andrew Gottlieb sold 5,000 shares of NVLS stock on 02/01/2011 at the average price of 38. Andrew Gottlieb owns at least 22 shares after this.

For the complete insider trading history of NVLS, 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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