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FLIR Systems Inc. (FLIR) CEO, President & Chairman Earl R Lewis sells 21,795 Shares

October 26, 2011 | About:
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CEO, President & Chairman of FLIR Systems Inc. (FLIR) Earl R Lewis sells 21,795 shares of FLIR on 10/25/2011 at an average price of $26.87 a share.

Flir Systems Inc. has a market cap of $4.21 billion; its shares were traded at around $26.37 with a P/E ratio of 17.2 and P/S ratio of 3. The dividend yield of Flir Systems Inc. stocks is 0.9%. Flir Systems Inc. had an annual average earning growth of 27.5% over the past 10 years.


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




Directors and Officers Recent Trades:


  • Chief Accounting Officer David A Muessle sold 15,000 shares of FLIR stock on 07/01/2011 at the average price of 33.44. David A Muessle owns at least 39,002 shares after this. The price of the stock has decreased by 21.14% since.
  • Chief Accounting Officer David A Muessle sold 15,000 shares of FLIR stock on 06/15/2011 at the average price of 33.32. David A Muessle owns at least 39,002 shares after this. The price of the stock has decreased by 20.86% since.
  • Director Steven E Wynne sold 36,000 shares of FLIR stock on 06/02/2011 at the average price of 34.89. Steven E Wynne owns at least 13,233 shares after this. The price of the stock has decreased by 24.42% since.
  • Chief Accounting Officer David A Muessle sold 15,000 shares of FLIR stock on 06/01/2011 at the average price of 36.03. David A Muessle owns at least 39,002 shares after this. The price of the stock has decreased by 26.81% since.
  • Sr VP, General Counsel and Sec William W. Davis sold 5,000 shares of FLIR stock on 05/03/2011 at the average price of 35.14. William W. Davis owns at least 15,979 shares after this. The price of the stock has decreased by 24.96% since.


For the complete insider trading history of FLIR, 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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