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Cavium Networks Inc. (CAVM) VP Finance & Admin CFO Arthur D Chadwick sells 79,250 Shares

February 24, 2011 | About:
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insider

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VP Finance & Admin CFO of Cavium Networks Inc. (CAVM) Arthur D Chadwick sells 79,250 shares of CAVM on 02/23/2011 at an average price of $41.04 a share.

Cavium Networks Inc. has a market cap of $1.9 billion; its shares were traded at around $42.12 with a P/E ratio of 108 and P/S ratio of 18.8.

Hedge Fund Gurus that owns CAVM: Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Sell: Pres., CEO, Chairman of board Syed Ali sold 125,000 shares of CAVM stock on 02/02/2011 at the average price of 42.28. Syed Ali owns at least 1,350,162 shares after this. The price of the stock has decreased by 0.38% since.


CFO Recent Trades:


  • Sell: VP Finance & Admin CFO Arthur D Chadwick sold 70,000 shares of CAVM stock on 12/03/2010 at the average price of 39.21. Arthur D Chadwick owns at least 47,500 shares after this. The price of the stock has increased by 7.42% since.

  • Sell: VP Finance & Admin CFO Arthur D Chadwick sold 25,000 shares of CAVM stock on 11/04/2010 at the average price of 35. Arthur D Chadwick owns at least 117,500 shares after this. The price of the stock has increased by 20.34% since.

  • Sell: VP Finance & Admin CFO Arthur D Chadwick sold 25,000 shares of CAVM stock on 10/29/2010 at the average price of 31.29. Arthur D Chadwick owns at least 142,500 shares after this. The price of the stock has increased by 34.61% since.



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




Directors and Officers Recent Trades:


  • Sell: Director Kris Chellam sold 6,250 shares of CAVM stock on 02/16/2011 at the average price of 44.98. Kris Chellam owns at least 53,750 shares after this. The price of the stock has decreased by 6.36% since.

  • Sell: Corporate VP, IC Engineering Anil Kumar Jain sold 50,000 shares of CAVM stock on 02/14/2011 at the average price of 44.58. Anil Kumar Jain owns at least 25,250 shares after this. The price of the stock has decreased by 5.52% since.

  • Sell: VP & GM, Broadband & Consumer Manoj Gujral sold 10,000 shares of CAVM stock on 02/04/2011 at the average price of 43. The price of the stock has decreased by 2.05% since.

  • Sell: VP & GM, Broadband & Consumer Manoj Gujral sold 16,500 shares of CAVM stock on 02/02/2011 at the average price of 42.29. The price of the stock has decreased by 0.4% since.

  • Sell: Corporate VP, IC Engineering Anil Kumar Jain sold 80,000 shares of CAVM stock on 02/02/2011 at the average price of 42.28. Anil Kumar Jain owns at least 45,250 shares after this. The price of the stock has decreased by 0.38% since.



For the complete insider trading history of CAVM, 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: 4.8/5 (4 votes)

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