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Procera Networks Inc (PKT) CEO and President James Frederick Brear sells 2,750 Shares

Feb 02, 2012 | About:
insider
insider
CEO and President of Procera Networks Inc (PKT) James Frederick Brear sells 2,750 shares of PKT on 02/01/2012 at an average price of $17.52 a share.

Procera Networks Inc. has a market cap of $254.1 million; its shares were traded at around $17.58 with a P/E ratio of 117.2 and P/S ratio of 12.5.

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


CEO Recent Trades:


  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 01/03/2012 at the average price of 15.9. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 10.57% since.
  • CEO and President James Frederick Brear sold 10,000 shares of PKT stock on 12/07/2011 at the average price of 17.55. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 0.17% since.
  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 12/01/2011 at the average price of 16.55. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 6.22% since.
  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 11/01/2011 at the average price of 11.25. James Frederick Brear owns at least 40,000 shares after this. The price of the stock has increased by 56.27% since.
  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 10/05/2011 at the average price of 9.51. James Frederick Brear owns at least 40,000 shares after this. The price of the stock has increased by 84.86% since.


For the complete insider trading history of PKT, 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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