Tech Data Corp. (TECD) Exec Vice President & CFO Jeffery P Howells sells 10,000 Shares

Exec Vice President & CFO of Tech Data Corp. (TECD) Jeffery P Howells sells 10,000 shares of TECD on 01/10/2012 at an average price of $51.7 a share.

Tech Data Corp. has a market cap of $2.14 billion; its shares were traded at around $51.78 with a P/E ratio of 10.3 and P/S ratio of 0.1. Tech Data Corp. had an annual average earning growth of 5.2% over the past 10 years.

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

CEO Recent Trades:

• CEO Robert M Dutkowsky sold 10,000 shares of TECD stock on 12/22/2011 at the average price of 50.95. Robert M Dutkowsky owns at least 180,723 shares after this. The price of the stock has increased by 1.63% since.

CFO Recent Trades:

• Exec Vice President & CFO Jeffery P Howells sold 10,000 shares of TECD stock on 01/06/2012 at the average price of 51.19. Jeffery P Howells owns at least 71,675 shares after this. The price of the stock has increased by 1.15% since.
• Exec Vice President & CFO Jeffery P Howells sold 2,046 shares of TECD stock on 01/04/2012 at the average price of 50.38. Jeffery P Howells owns at least 71,675 shares after this. The price of the stock has increased by 2.78% since.

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

Directors and Officers Recent Trades:

• SVP,General Counsel, Secretary David R Vetter sold 20,000 shares of TECD stock on 01/10/2012 at the average price of 51.53. David R Vetter owns at least 25,736 shares after this. The price of the stock has increased by 0.49% since.
• President, Americas Murray N Wright sold 2,100 shares of TECD stock on 01/04/2012 at the average price of 50.04. Murray N Wright owns at least 19,189 shares after this. The price of the stock has increased by 3.48% since.
• Director Steven A Raymund sold 19,500 shares of TECD stock on 12/07/2011 at the average price of 50.55. Steven A Raymund owns at least 1,246,353 shares after this. The price of the stock has increased by 2.43% since.
• Director Steven A Raymund sold 47,300 shares of TECD stock on 12/05/2011 at the average price of 51.04. Steven A Raymund owns at least 1,265,853 shares after this. The price of the stock has increased by 1.45% since.
• Director Steven A Raymund sold 52,700 shares of TECD stock on 12/02/2011 at the average price of 50.02. Steven A Raymund owns at least 1,313,153 shares after this. The price of the stock has increased by 3.52% since.

For the complete insider trading history of TECD, 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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