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Haemonetics Corp. (HAE) President & CEO Brian Concannon sells 5,000 Shares

Feb 02, 2012 | About:
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President & CEO of Haemonetics Corp. (HAE) Brian Concannon sells 5,000 shares of HAE on 02/01/2012 at an average price of $65.06 a share.

Haemonetics Corp. has a market cap of $1.68 billion; its shares were traded at around $67.36 with a P/E ratio of 21.7 and P/S ratio of 2.5. Haemonetics Corp. had an annual average earning growth of 10.8% over the past 10 years. GuruFocus rated Haemonetics Corp. the business predictability rank of 4.5-star.

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


CEO Recent Trades:


  • President & CEO Brian Concannon sold 5,000 shares of HAE stock on 01/03/2012 at the average price of 62.49. Brian Concannon owns at least 48,338 shares after this. The price of the stock has increased by 7.79% since.
  • President & CEO Brian Concannon sold 5,000 shares of HAE stock on 12/01/2011 at the average price of 58.76. Brian Concannon owns at least 48,338 shares after this. The price of the stock has increased by 14.64% since.
  • President & CEO Brian Concannon sold 5,000 shares of HAE stock on 11/01/2011 at the average price of 57.7. Brian Concannon owns at least 49,914 shares after this. The price of the stock has increased by 16.74% since.
  • President & CEO Brian Concannon sold 5,000 shares of HAE stock on 10/17/2011 at the average price of 59.16. Brian Concannon owns at least 37,946 shares after this. The price of the stock has increased by 13.86% since.

CFO Recent Trades:


  • CFO & Vice President of Christopher J Lindop bought 217 shares of HAE stock on 11/03/2011 at the average price of 51.81. Christopher J Lindop owns at least 13,502 shares after this. The price of the stock has increased by 30.01% since.

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




Directors and Officers Recent Trades:


  • President, Haemonetics Europe Mikael Gordon bought 228 shares of HAE stock on 11/03/2011 at the average price of 51.81. Mikael Gordon owns at least 7,728 shares after this. The price of the stock has increased by 30.01% since.
  • Chief Marketing Officer Peter M Allen bought 203 shares of HAE stock on 11/03/2011 at the average price of 51.81. Peter M Allen owns at least 11,622 shares after this. The price of the stock has increased by 30.01% since.
  • VP Finance Susan M Hanlon bought 137 shares of HAE stock on 11/03/2011 at the average price of 51.81. Susan M Hanlon owns at least 7,301 shares after this. The price of the stock has increased by 30.01% since.
  • Chief Marketing Officer Peter M Allen sold 15,000 shares of HAE stock on 01/06/2012 at the average price of 61.87. Peter M Allen owns at least 11,622 shares after this. The price of the stock has increased by 8.87% since.
  • Chief Marketing Officer Peter M Allen sold 5,000 shares of HAE stock on 10/07/2011 at the average price of 59.26. Peter M Allen owns at least 10,100 shares after this. The price of the stock has increased by 13.67% since.


For the complete insider trading history of HAE, 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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