Free 7-day Trial
All Articles and Columns »

KLATencor Corp. (KLAC) President and CEO Richard P Wallace sells 97,916 Shares

Jan 30, 2012 | About:
insider
insider
President and CEO of KLATencor Corp. (KLAC) Richard P Wallace sells 97,916 shares of KLAC on 01/27/2012 at an average price of $52.75 a share.

Klatencor Corp. has a market cap of $8.72 billion; its shares were traded at around $52.33 with a P/E ratio of 11.13 and P/S ratio of 2.75. The dividend yield of Klatencor Corp. stocks is 2.68%.

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


CEO Recent Trades:


  • President and CEO Richard P Wallace sold 16,662 shares of KLAC stock on 01/18/2012 at the average price of 49.75. Richard P Wallace owns at least 201,400 shares after this. The price of the stock has increased by 5.19% since.

CFO Recent Trades:


  • EVP & CFO Mark P Dentinger sold 677 shares of KLAC stock on 01/03/2012 at the average price of 48.72. Mark P Dentinger owns at least 92,900 shares after this. The price of the stock has increased by 7.41% since.
  • EVP & CFO Mark P Dentinger sold 24,684 shares of KLAC stock on 10/07/2011 at the average price of 41.55. Mark P Dentinger owns at least 92,900 shares after this. The price of the stock has increased by 25.94% since.

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




Directors and Officers Recent Trades:


  • SVP & Chief Accounting Officer Virendra A Kirloskar sold 13,926 shares of KLAC stock on 01/19/2012 at the average price of 50.04. Virendra A Kirloskar owns at least 27,650 shares after this. The price of the stock has increased by 4.58% since.
  • SVP & Chief Accounting Officer Virendra A Kirloskar sold 204 shares of KLAC stock on 01/05/2012 at the average price of 46.85. Virendra A Kirloskar owns at least 27,650 shares after this. The price of the stock has increased by 11.7% since.
  • SVP & Chief Accounting Officer Virendra A Kirloskar sold 2,500 shares of KLAC stock on 12/06/2011 at the average price of 49.35. Virendra A Kirloskar owns at least 27,650 shares after this. The price of the stock has increased by 6.04% since.
  • Executive VP & General Counsel Brian Martin sold 9,500 shares of KLAC stock on 11/30/2011 at the average price of 45.74. Brian Martin owns at least 45,350 shares after this. The price of the stock has increased by 14.41% since.
  • Executive Vice President Bobby R Bell sold 1,394 shares of KLAC stock on 11/17/2011 at the average price of 47.3. Bobby R Bell owns at least 85,700 shares after this. The price of the stock has increased by 10.63% since.


For the complete insider trading history of KLAC, 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: 3.7/5 (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