Parametric Technology New (PMTC) President and CEO James E Heppelmann sells 17,113 Shares

President and CEO of Parametric Technology New (PMTC) James E Heppelmann sells 17,113 shares of PMTC on 11/16/2011 at an average price of $21.18 a share.

Parametric Technology New has a market cap of $2.47 billion; its shares were traded at around $21 with a P/E ratio of 23.9 and P/S ratio of 2.5.

This is the annual revenues and earnings per share of PMTC over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of PMTC.

CEO Recent Trades:

• President and CEO James E Heppelmann sold 89,999 shares of PMTC stock on 11/01/2011 at the average price of 20.09. James E Heppelmann owns at least 218,563 shares after this. The price of the stock has increased by 4.53% since.
• President and CEO James E Heppelmann sold 90,000 shares of PMTC stock on 09/06/2011 at the average price of 16.28. James E Heppelmann owns at least 228,563 shares after this. The price of the stock has increased by 28.99% since.

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

Directors and Officers Recent Trades:

• Director Renato Zambonini bought 10,000 shares of PMTC stock on 08/16/2011 at the average price of 17.95. Renato Zambonini owns at least 29,726 shares after this. The price of the stock has increased by 16.99% since.
• Director Thomas F Bogan bought 5,000 shares of PMTC stock on 08/16/2011 at the average price of 17.71. Thomas F Bogan owns at least 24,540 shares after this. The price of the stock has increased by 18.58% since.
• EVP Global Services Marc Diouane sold 4,000 shares of PMTC stock on 11/08/2011 at the average price of 21.95. The price of the stock has decreased by 4.33% since.
• EVP Worldwide Sales Robert Ranaldi sold 4,000 shares of PMTC stock on 11/02/2011 at the average price of 20.34. Robert Ranaldi owns at least 4,613 shares after this. The price of the stock has increased by 3.24% since.
• Director Donald K Grierson sold 30,000 shares of PMTC stock on 09/08/2011 at the average price of 16.84. Donald K Grierson owns at least 86,923 shares after this. The price of the stock has increased by 24.7% since.

For the complete insider trading history of PMTC, 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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