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Interface Inc. (IFSIA) President & CEO Daniel T Hendrix sells 90,454 Shares

February 25, 2011 | About:
insider

insider

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President & CEO of Interface Inc. (IFSIA) Daniel T Hendrix sells 90,454 shares of IFSIA on 02/25/2011 at an average price of $16.23 a share.

Interface Inc. has a market cap of $1.02 billion; its shares were traded at around $15.93 with a P/E ratio of 32.5 and P/S ratio of 1.1. The dividend yield of Interface Inc. stocks is 0.5%. Interface Inc. had an annual average earning growth of 5.1% over the past 10 years.

Hedge Fund Gurus that owns IFSIA: Jim Simons of Renaissance Technologies LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns IFSIA: John Rogers of Ariel Capital Management, Columbia Wanger of Columbia Wanger Asset Management, Chuck Royce of Royce& Associates.

CFO Recent Trades:


  • Sell: Sr. Vice President & CFO Patrick C Lynch sold 20,690 shares of IFSIA stock on 02/24/2011 at the average price of 16.32. Patrick C Lynch owns at least 103,898 shares after this. The price of the stock has decreased by 2.39% since.

  • Sell: Sr. Vice President & CFO Patrick C Lynch sold 7,914 shares of IFSIA stock on 12/15/2010 at the average price of 16.05. Patrick C Lynch owns at least 72,863 shares after this. The price of the stock has decreased by 0.75% since.

  • Sell: Sr. Vice President & CFO Patrick C Lynch sold 27,086 shares of IFSIA stock on 12/15/2010 at the average price of 16.14. Patrick C Lynch owns at least 80,777 shares after this. The price of the stock has decreased by 1.3% since.

  • Sell: Sr. Vice President & CFO Patrick C Lynch sold 15,000 shares of IFSIA stock on 12/15/2010 at the average price of 16.47. Patrick C Lynch owns at least 107,863 shares after this. The price of the stock has decreased by 3.28% since.



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




Directors and Officers Recent Trades:


  • Sell: Director James B Jr Miller sold 11,525 shares of IFSIA stock on 12/29/2010 at the average price of 16.05. James B Jr Miller owns at least 5,000 shares after this. The price of the stock has decreased by 0.75% since.

  • Sell: Sr.Vice President Lindsey Kenneth Parnell sold 30,000 shares of IFSIA stock on 12/20/2010 at the average price of 16.78. Lindsey Kenneth Parnell owns at least 26,670 shares after this. The price of the stock has decreased by 5.07% since.

  • Sell: Director Thomas R Oliver sold 25,000 shares of IFSIA stock on 12/13/2010 at the average price of 15.75. Thomas R Oliver owns at least 197,100 shares after this. The price of the stock has increased by 1.14% since.

  • Sell: Sr. Vice President Lindsey Kenneth Parnell sold 59,000 shares of IFSIA stock on 11/11/2010 at the average price of 14.93. Lindsey Kenneth Parnell owns at least 6,170 shares after this. The price of the stock has increased by 6.7% since.

  • Sell: Sr. Vice President Lindsey Kenneth Parnell sold 1,000 shares of IFSIA stock on 11/11/2010 at the average price of 14.83. Lindsey Kenneth Parnell owns at least 5,170 shares after this. The price of the stock has increased by 7.42% since.



For the complete insider trading history of IFSIA, 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


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