Photronics Inc. (PLAB) COO, President-Asia Operations Soo Hong Jeong sells 24,118 Shares

COO, President-Asia Operations of Photronics Inc. (PLAB) Soo Hong Jeong sells 24,118 shares of PLAB on 02/03/2012 at an average price of $7.5 a share.

Photronics Inc. has a market cap of $450.86 million; its shares were traded at around $7.49 with a P/E ratio of 9.25 and P/S ratio of 0.88.

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

CEO Recent Trades:

• CEO & President Constantine S Macricostas sold 100,000 shares of PLAB stock on 01/27/2012 at the average price of 7.21. Constantine S Macricostas owns at least 1,228,124 shares after this. The price of the stock has increased by 3.88% since.
• CEO & President Constantine S Macricostas sold 150,000 shares of PLAB stock on 01/24/2012 at the average price of 7.1. Constantine S Macricostas owns at least 1,328,124 shares after this. The price of the stock has increased by 5.49% since.
• CEO & President Constantine S Macricostas sold 100,000 shares of PLAB stock on 01/19/2012 at the average price of 7.21. Constantine S Macricostas owns at least 1,478,124 shares after this. The price of the stock has increased by 3.88% since.

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

Directors and Officers Recent Trades:

• COO, President-Asia Operations Soo Hong Jeong sold 44,700 shares of PLAB stock on 01/19/2012 at the average price of 7.29. Soo Hong Jeong owns at least 197,900 shares after this. The price of the stock has increased by 2.74% since.
• Senior VP, U.S. & Europe Peter S Kirlin sold 12,500 shares of PLAB stock on 01/09/2012 at the average price of 6.41. Peter S Kirlin owns at least 20,000 shares after this. The price of the stock has increased by 16.85% since.
• Director George Macricostas sold 8,750 shares of PLAB stock on 01/09/2012 at the average price of 6.41. George Macricostas owns at least 18,124 shares after this. The price of the stock has increased by 16.85% since.
• Director George Macricostas sold 4,800 shares of PLAB stock on 01/06/2012 at the average price of 6.34. George Macricostas owns at least 26,874 shares after this. The price of the stock has increased by 18.14% since.
• Director Walter M Fiederowicz sold 10,000 shares of PLAB stock on 01/05/2012 at the average price of 6.2. Walter M Fiederowicz owns at least 20,750 shares after this. The price of the stock has increased by 20.81% since.

For the complete insider trading history of PLAB, 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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