CEO of Novellus Systems Inc. (NVLS) Richard Hill sells 11,200 shares of NVLS on 03/08/2011 at an average price of $40.02 a share.

Novellus Systems Inc. has a market cap of $3.29 billion; its shares were traded at around $36.43 with a P/E ratio of 11.9 and P/S ratio of 2.4.

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 10,600 shares of NVLS stock on 03/07/2011 at the average price of 40.66. Richard Hill owns at least 163,555 shares after this. The price of the stock has decreased by 10.4% since.
• Sell: CEO Richard Hill sold 302,355 shares of NVLS stock on 03/07/2011 at the average price of 40.15. Richard Hill owns at least 163,555 shares after this. The price of the stock has decreased by 9.27% since.
• Sell: CEO Richard Hill sold 17,130 shares of NVLS stock on 03/04/2011 at the average price of 41.08. Richard Hill owns at least 163,555 shares after this. The price of the stock has decreased by 11.32% since.
• Sell: CEO Richard Hill sold 2,500 shares of NVLS stock on 02/14/2011 at the average price of 40. Richard Hill owns at least 180,685 shares after this. The price of the stock has decreased by 8.93% since.
• 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. The price of the stock has decreased by 6.59% since.

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. The price of the stock has increased by 1.19% since.
• 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. The price of the stock has increased by 11.75% since.
• 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. The price of the stock has increased by 10.56% since.
• 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. The price of the stock has increased by 11.34% since.
• 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. The price of the stock has increased by 10.03% since.

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. The price of the stock has decreased by 7.66% since.
• 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. The price of the stock has decreased by 5.38% since.
• 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. The price of the stock has decreased by 4.06% since.
• 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. The price of the stock has decreased by 3.9% since.
• 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. The price of the stock has decreased by 4.13% since.

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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