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TeleCommunication Systems Inc. (TSYS) Sr. VP & CTO Drew A Morin sells 8,700 Shares

February 25, 2011 | About:
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insider

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Sr. VP & CTO of TeleCommunication Systems Inc. (TSYS) Drew A Morin sells 8,700 shares of TSYS on 02/25/2011 at an average price of $4.39 a share.

Telecommunication Systems Inc. has a market cap of $227.1 million; its shares were traded at around $4.28 with a P/E ratio of 12.9 and P/S ratio of 0.6. Telecommunication Systems Inc. had an annual average earning growth of 62.6% over the past 5 years.

Hedge Fund Gurus that owns TSYS: Jim Simons of Renaissance Technologies LLC. Mutual Fund and Other Gurus that owns TSYS: Mario Gabelli of GAMCO Investors.

CFO Recent Trades:


  • Sell: Sr. VP & CFO Thomas M Jr Brandt sold 20,000 shares of TSYS stock on 11/17/2010 at the average price of 4.76. Thomas M Jr Brandt owns at least 178,593 shares after this. The price of the stock has decreased by 10.08% since.



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




Directors and Officers Recent Trades:


  • Sell: Sr. VP & CMO Timothy James Lorello sold 10,000 shares of TSYS stock on 02/14/2011 at the average price of 4.57. Timothy James Lorello owns at least 247,450 shares after this. The price of the stock has decreased by 6.35% since.

  • Sell: Exec. VP & COO Richard A Young sold 24,177 shares of TSYS stock on 12/09/2010 at the average price of 4.32. Richard A Young owns at least 50,059 shares after this. The price of the stock has decreased by 0.93% since.

  • Sell: Sr. VP & CMO Timothy James Lorello sold 10,000 shares of TSYS stock on 11/17/2010 at the average price of 4.96. Timothy James Lorello owns at least 257,450 shares after this. The price of the stock has decreased by 13.71% since.

  • Sell: Sr. VP & CTO Drew A Morin sold 34,935 shares of TSYS stock on 11/15/2010 at the average price of 5.02. Drew A Morin owns at least 271,480 shares after this. The price of the stock has decreased by 14.74% since.



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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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: 3.0/5 (3 votes)

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