Free 7-day Trial
All Articles and Columns »

Trimble Navigation Ltd. (TRMB) President & CEO Steven W Berglund sells 13,600 Shares

Jan 20, 2012 | About:
insider
insider
President & CEO of Trimble Navigation Ltd. (TRMB) Steven W Berglund sells 13,600 shares of TRMB on 01/19/2012 at an average price of $45.01 a share.

Trimble Navigation Ltd. has a market cap of $5.48 billion; its shares were traded at around $44.41 with a P/E ratio of 24.9 and P/S ratio of 4.3. Trimble Navigation Ltd. had an annual average earning growth of 14.1% over the past 10 years.

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


CEO Recent Trades:


  • President & CEO Steven W Berglund sold 3 shares of TRMB stock on 12/27/2011 at the average price of 45. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has decreased by 1.31% since.
  • President & CEO Steven W Berglund sold 36,925 shares of TRMB stock on 12/23/2011 at the average price of 45. The price of the stock has decreased by 1.31% since.
  • President & CEO Steven W Berglund sold 19,473 shares of TRMB stock on 12/05/2011 at the average price of 45. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has decreased by 1.31% since.
  • President & CEO Steven W Berglund sold 60,000 shares of TRMB stock on 11/16/2011 at the average price of 43.09. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has increased by 3.06% since.
  • President & CEO Steven W Berglund sold 70,000 shares of TRMB stock on 09/16/2011 at the average price of 36.62. Steven W Berglund owns at least 116,530 shares after this. The price of the stock has increased by 21.27% since.

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




Directors and Officers Recent Trades:


  • Director Mark S Peek bought 5,000 shares of TRMB stock on 11/21/2011 at the average price of 41.7. Mark S Peek owns at least 5,000 shares after this. The price of the stock has increased by 6.5% since.
  • Vice President James A Kirkland sold 4,500 shares of TRMB stock on 11/17/2011 at the average price of 43. James A Kirkland owns at least 666 shares after this. The price of the stock has increased by 3.28% since.
  • Vice President James A Kirkland sold 4,000 shares of TRMB stock on 09/01/2011 at the average price of 38.52. James A Kirkland owns at least 475 shares after this. The price of the stock has increased by 15.29% since.


For the complete insider trading history of TRMB, 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.

» Take a Free Trial of Premium Membership

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


Rate this article:

Rating: 2.7/5 (3 votes)

Comments

Please leave your comment:



More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $104 per referral. ( Learn More)
Free 7-day Trial