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MICROS Systems Inc. (MCRS) EVP & CFO Cynthia A Russo sells 40,000 Shares

Feb 06, 2012 | About:
insider
insider
EVP & CFO of MICROS Systems Inc. (MCRS) Cynthia A Russo sells 40,000 shares of MCRS on 02/03/2012 at an average price of $51.76 a share.

Micros Systems Inc. has a market cap of $4.18 billion; its shares were traded at around $52.13 with a P/E ratio of 26.87 and P/S ratio of 4.14. Micros Systems Inc. had an annual average earning growth of 19.7% over the past 10 years. GuruFocus rated Micros Systems Inc. the business predictability rank of 3.5-star.


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




Directors and Officers Recent Trades:


  • EVP and Chief Admin Officer Jennifer M Kurdle sold 80,000 shares of MCRS stock on 02/01/2012 at the average price of 51.02. Jennifer M Kurdle owns at least 844 shares after this. The price of the stock has increased by 2.18% since.
  • Director Louis M Brown sold 7,880 shares of MCRS stock on 02/01/2012 at the average price of 51.12. Louis M Brown owns at least 189,168 shares after this. The price of the stock has increased by 1.98% since.
  • Sr VP, N America Distribution Edgar J Chapel sold 9,000 shares of MCRS stock on 11/17/2011 at the average price of 46.51. Edgar J Chapel owns at least 68,824 shares after this. The price of the stock has increased by 12.08% since.
  • Director Louis M Brown sold 8,184 shares of MCRS stock on 11/10/2011 at the average price of 48.02. Louis M Brown owns at least 198,048 shares after this. The price of the stock has increased by 8.56% since.
  • EVP Investor Relations Bus Dev Peter J Jr Rogers sold 37,812 shares of MCRS stock on 11/03/2011 at the average price of 49.44. Peter J Jr Rogers owns at least 81,491 shares after this. The price of the stock has increased by 5.44% since.


For the complete insider trading history of MCRS, 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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