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Synopsys Inc. (SNPS) Pres & COO Chi-foon Chan sells 55,400 Shares

Dec 05, 2011 | About:
insider
insider
Pres & COO of Synopsys Inc. (SNPS) Chi-foon Chan sells 55,400 shares of SNPS on 12/02/2011 at an average price of $27.71 a share.

Synopsys Inc. has a market cap of $3.95 billion; its shares were traded at around $27.44 with a P/E ratio of 17.48 and P/S ratio of 2.57. Synopsys Inc. had an annual average earning growth of 15.1% over the past 10 years. GuruFocus rated Synopsys Inc. the business predictability rank of 2-star.


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




Directors and Officers Recent Trades:


  • VP, Controller Esfandiar Naddaf sold 624 shares of SNPS stock on 09/20/2011 at the average price of 25.65. Esfandiar Naddaf owns at least 582 shares after this. The price of the stock has increased by 6.98% since.
  • VP, Legal & General Counsel Brian E Cabrera sold 5,000 shares of SNPS stock on 08/29/2011 at the average price of 25.29. Brian E Cabrera owns at least 2,977 shares after this. The price of the stock has increased by 8.5% since.
  • Sr. VP, Worldwide Sales Joseph W Logan sold 2,167 shares of SNPS stock on 08/22/2011 at the average price of 23.79. Joseph W Logan owns at least 23,299 shares after this. The price of the stock has increased by 15.34% since.
  • VP, Controller Esfandiar Naddaf sold 208 shares of SNPS stock on 06/20/2011 at the average price of 24.82. Esfandiar Naddaf owns at least 242 shares after this. The price of the stock has increased by 10.56% since.


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

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


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