Parametric Technology New (PMTC) Executive Chairman C Richard Harrison sells 66,818 Shares

Executive Chairman of Parametric Technology New (PMTC) C Richard Harrison sells 66,818 shares of PMTC on 02/03/2012 at an average price of $26 a share.

Parametric Technology New has a market cap of $3.04 billion; its shares were traded at around $25.62 with a P/E ratio of 25.3 and P/S ratio of 2.6.

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

CEO Recent Trades:

• President and CEO James E Heppelmann sold 60,000 shares of PMTC stock on 02/01/2012 at the average price of 25.57. James E Heppelmann owns at least 297,508 shares after this. The price of the stock has increased by 0.2% since.
• President and CEO James E Heppelmann sold 17,113 shares of PMTC stock on 11/16/2011 at the average price of 21.18. James E Heppelmann owns at least 307,508 shares after this. The price of the stock has increased by 20.96% since.
• President and CEO James E Heppelmann sold 89,999 shares of PMTC stock on 11/01/2011 at the average price of 20.09. James E Heppelmann owns at least 218,563 shares after this. The price of the stock has increased by 27.53% since.
• President and CEO James E Heppelmann sold 90,000 shares of PMTC stock on 09/06/2011 at the average price of 16.28. James E Heppelmann owns at least 228,563 shares after this. The price of the stock has increased by 57.37% since.

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

Directors and Officers Recent Trades:

• Director Renato Zambonini bought 10,000 shares of PMTC stock on 08/16/2011 at the average price of 17.95. Renato Zambonini owns at least 29,726 shares after this. The price of the stock has increased by 42.73% since.
• Director Thomas F Bogan bought 5,000 shares of PMTC stock on 08/16/2011 at the average price of 17.71. Thomas F Bogan owns at least 24,540 shares after this. The price of the stock has increased by 44.66% since.
• EVP Strategy Barry F Cohen sold 159,999 shares of PMTC stock on 01/31/2012 at the average price of 25.02. Barry F Cohen owns at least 181,473 shares after this. The price of the stock has increased by 2.4% since.
• CVP,General Counsel, Secretary Staats Aaron C Von sold 16,000 shares of PMTC stock on 01/31/2012 at the average price of 25.04. Staats Aaron C Von owns at least 37,902 shares after this. The price of the stock has increased by 2.32% since.
• Director Donald K Grierson sold 15,000 shares of PMTC stock on 01/30/2012 at the average price of 25.1. Donald K Grierson owns at least 86,923 shares after this. The price of the stock has increased by 2.07% since.

For the complete insider trading history of PMTC, 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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