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FARO Technologies Inc. (FARO) President & CEO Jay Freeland sells 40,000 Shares

Jan 12, 2012 | About:
insider
insider
President & CEO of FARO Technologies Inc. (FARO) Jay Freeland sells 40,000 shares of FARO on 01/11/2012 at an average price of $51.01 a share.

Faro Technologies Inc. has a market cap of $864.5 million; its shares were traded at around $51.99 with a P/E ratio of 46.3 and P/S ratio of 4.5.

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


CEO Recent Trades:


  • President & CEO Jay Freeland sold 40,000 shares of FARO stock on 07/19/2011 at the average price of 45.94. Jay Freeland owns at least 5,040 shares after this. The price of the stock has increased by 13.17% since.

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




Directors and Officers Recent Trades:


  • SVP, EUROPE REGION Siggi Buss sold 6,900 shares of FARO stock on 12/01/2011 at the average price of 48.06. Siggi Buss owns at least 24,540 shares after this. The price of the stock has increased by 8.18% since.
  • SVP, EUROPE REGION Siggi Buss sold 13,800 shares of FARO stock on 11/16/2011 at the average price of 47.71. Siggi Buss owns at least 24,540 shares after this. The price of the stock has increased by 8.97% since.
  • SVP. AMERICAS REGION David Morse sold 5,467 shares of FARO stock on 11/15/2011 at the average price of 47.2. David Morse owns at least 3,684 shares after this. The price of the stock has increased by 10.15% since.


For the complete insider trading history of FARO, 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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