EVP, CFO of Red Hat Inc. (RHT) Charles E Jr Peters sells 5,811 shares of RHT on 07/17/2012 at an average price of $52.29 a share.

Red Hat, Inc. has a market cap of $10.12 billion; its shares were traded at around $53.96 with a P/E ratio of 63.2 and P/S ratio of 8.9. Red Hat, Inc. had an annual average earning growth of 24.7% over the past 5 years.

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

CEO Recent Trades:

• CEO & President James M Whitehurst sold 100,000 shares of RHT stock on 06/25/2012 at the average price of 54.1. James M Whitehurst owns at least 289,501 shares after this. The price of the stock has decreased by 0.26% since.
• CEO & President James M Whitehurst sold 117,977 shares of RHT stock on 05/07/2012 at the average price of 57.51. James M Whitehurst owns at least 256,167 shares after this. The price of the stock has decreased by 6.17% since.
• CEO & President James M Whitehurst sold 100,000 shares of RHT stock on 04/02/2012 at the average price of 60.27. James M Whitehurst owns at least 238,759 shares after this. The price of the stock has decreased by 10.47% since.

CFO Recent Trades:

• EVP, CFO Charles E Jr Peters sold 70,154 shares of RHT stock on 05/04/2012 at the average price of 59.36. Charles E Jr Peters owns at least 68,822 shares after this. The price of the stock has decreased by 9.1% since.
• EVP, CFO Charles E Jr Peters sold 3,165 shares of RHT stock on 04/17/2012 at the average price of 60.17. Charles E Jr Peters owns at least 68,822 shares after this. The price of the stock has decreased by 10.32% since.
• EVP, CFO Charles E Jr Peters sold 10,000 shares of RHT stock on 04/02/2012 at the average price of 60.73. Charles E Jr Peters owns at least 73,510 shares after this. The price of the stock has decreased by 11.15% since.

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

Directors and Officers Recent Trades:

• EVP, People & Brand Delisa Alexander sold 2,097 shares of RHT stock on 07/17/2012 at the average price of 52.29. Delisa Alexander owns at least 48,995 shares after this. The price of the stock has increased by 3.19% since.
• Director Marye Anne Fox sold 10,000 shares of RHT stock on 06/29/2012 at the average price of 55.46. Marye Anne Fox owns at least 31,734 shares after this. The price of the stock has decreased by 2.7% since.
• EVP, People & Brand Delisa Alexander sold 25,053 shares of RHT stock on 05/07/2012 at the average price of 57.5. Delisa Alexander owns at least 42,481 shares after this. The price of the stock has decreased by 6.16% since.
• EVP, Engineering Paul J Cormier sold 50,107 shares of RHT stock on 05/01/2012 at the average price of 60.06. Paul J Cormier owns at least 60,618 shares after this. The price of the stock has decreased by 10.16% since.
• EVP, General Counsel Michael Cunningham sold 21,000 shares of RHT stock on 04/27/2012 at the average price of 61. Michael Cunningham owns at least 51,580 shares after this. The price of the stock has decreased by 11.54% since.

For the complete insider trading history of RHT, 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

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool