Sourcefire Inc. (FIRE) CEO John C Burris sells 15,000 Shares

CEO of Sourcefire Inc. (FIRE) John C Burris sells 15,000 shares of FIRE on 01/12/2012 at an average price of $29.95 a share.

Sourcefire Inc. has a market cap of $867.7 million; its shares were traded at around $30.11 with a P/E ratio of 115.9 and P/S ratio of 6.6.

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

CEO Recent Trades:

• CEO John C Burris sold 15,000 shares of FIRE stock on 12/08/2011 at the average price of 31.85. John C Burris owns at least 76,950 shares after this. The price of the stock has decreased by 5.46% since.
• CEO John C Burris sold 15,000 shares of FIRE stock on 11/10/2011 at the average price of 30.07. John C Burris owns at least 76,950 shares after this. The price of the stock has increased by 0.13% since.
• CEO John C Burris sold 10,000 shares of FIRE stock on 09/08/2011 at the average price of 28.26. John C Burris owns at least 76,950 shares after this. The price of the stock has increased by 6.55% since.
• CEO John C Burris sold 10,000 shares of FIRE stock on 08/11/2011 at the average price of 26.66. John C Burris owns at least 86,950 shares after this. The price of the stock has increased by 12.94% since.

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

Directors and Officers Recent Trades:

• Director Arnold L Punaro bought 10,000 shares of FIRE stock on 08/08/2011 at the average price of 25. Arnold L Punaro owns at least 34,181 shares after this. The price of the stock has increased by 20.44% since.
• President and COO Thomas M Mcdonough sold 4,000 shares of FIRE stock on 12/13/2011 at the average price of 34.11. Thomas M Mcdonough owns at least 70,867 shares after this. The price of the stock has decreased by 11.73% since.
• Chief People Officer Leslie Pendergrast sold 3,125 shares of FIRE stock on 12/02/2011 at the average price of 33.95. Leslie Pendergrast owns at least 38,294 shares after this. The price of the stock has decreased by 11.31% since.
• President and COO Thomas M Mcdonough sold 4,000 shares of FIRE stock on 11/15/2011 at the average price of 32.2. Thomas M Mcdonough owns at least 74,867 shares after this. The price of the stock has decreased by 6.49% since.
• Director Steven R Polk sold 1,000 shares of FIRE stock on 11/15/2011 at the average price of 32.91. Steven R Polk owns at least 21,553 shares after this. The price of the stock has decreased by 8.51% since.

For the complete insider trading history of FIRE, 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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