EXECUTIVE VICE PRESIDENT & COO of PS Business Parks Inc (PSB) John W Petersen sells 6,474 shares of PSB on 06/08/2012 at an average price of $67.5 a share.

Ps Business Pks has a market cap of $1.64 billion; its shares were traded at around $65.55 with a P/E ratio of 15.5 and P/S ratio of 5.5. The dividend yield of Ps Business Pks stocks is 2.6%. Ps Business Pks had an annual average earning growth of 3.1% over the past 10 years. GuruFocus rated Ps Business Pks the business predictability rank of 2-star.

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

CEO Recent Trades:

• PRESIDENT / CEO Joseph D Jr Russell sold 59,216 shares of PSB stock on 03/02/2012 at the average price of 62.89. Joseph D Jr Russell owns at least 33,850 shares after this. The price of the stock has increased by 4.23% since.

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

Directors and Officers Recent Trades:

• Director James H Kropp sold 1,500 shares of PSB stock on 05/15/2012 at the average price of 68.22. James H Kropp owns at least 11,425 shares after this. The price of the stock has decreased by 3.91% since.
• EXECUTIVE VICE PRESIDENT & COO John W Petersen sold 1,929 shares of PSB stock on 03/01/2012 at the average price of 63.15. John W Petersen owns at least 9,968 shares after this. The price of the stock has increased by 3.8% since.
• Director Arthur M Friedman sold 3,000 shares of PSB stock on 02/29/2012 at the average price of 62.91. Arthur M Friedman owns at least 12,500 shares after this. The price of the stock has increased by 4.2% since.
• Director R Wesley Burns sold 2,000 shares of PSB stock on 02/29/2012 at the average price of 62.63. R Wesley Burns owns at least 2,000 shares after this. The price of the stock has increased by 4.66% since.

For the complete insider trading history of PSB, 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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