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NetLogic Microsystems Inc. (NETL) President and CEO Ronald Steven Jankov sells 250,000 Shares

Nov 02, 2011 | About:
insider
insider
President and CEO of NetLogic Microsystems Inc. (NETL) Ronald Steven Jankov sells 250,000 shares of NETL on 11/01/2011 at an average price of $49.08 a share.

Netlogic Microsystems Inc. has a market cap of $3.42 billion; its shares were traded at around $49.35 with a P/E ratio of 44.8 and P/S ratio of 8.9.


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




Directors and Officers Recent Trades:


  • Vice President of Engineering Dimitrios Dimitrelis sold 2,500 shares of NETL stock on 09/08/2011 at the average price of 33. Dimitrios Dimitrelis owns at least 71,400 shares after this. The price of the stock has increased by 49.55% since.
  • Vice President of Engineering Dimitrios Dimitrelis sold 5,000 shares of NETL stock on 09/07/2011 at the average price of 31.2. Dimitrios Dimitrelis owns at least 71,400 shares after this. The price of the stock has increased by 58.17% since.
  • Vice President, Manufacturing Mozafar Maghsoudnia sold 1,000 shares of NETL stock on 08/12/2011 at the average price of 31.4. Mozafar Maghsoudnia owns at least 68,885 shares after this. The price of the stock has increased by 57.17% since.
  • Executive VP and GM Behrooz L. Abdi sold 10,000 shares of NETL stock on 08/10/2011 at the average price of 28.37. Behrooz L. Abdi owns at least 210,925 shares after this. The price of the stock has increased by 73.95% since.
  • Director Stephen L Domenik sold 7,500 shares of NETL stock on 08/03/2011 at the average price of 33.63. Stephen L Domenik owns at least 12,500 shares after this. The price of the stock has increased by 46.74% since.


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

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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