CEO and President of Procera Networks Inc (PKT) James Frederick Brear sells 20,000 shares of PKT on 08/08/2012 at an average price of $23.86 a share.

Procera Networks, Inc. has a market cap of $433.6 million; its shares were traded at around $23.91 with a P/E ratio of 59.2 and P/S ratio of 9.8.

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

CEO Recent Trades:

• CEO and President James Frederick Brear sold 30,000 shares of PKT stock on 08/07/2012 at the average price of 23.49. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 1.79% since.
• CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 08/01/2012 at the average price of 25.31. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 5.53% since.
• CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 07/02/2012 at the average price of 24.78. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 3.51% since.
• CEO and President James Frederick Brear sold 2,000 shares of PKT stock on 06/05/2012 at the average price of 19.81. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 20.7% since.
• CEO and President James Frederick Brear sold 750 shares of PKT stock on 06/01/2012 at the average price of 20.25. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has increased by 18.07% since.

CFO Recent Trades:

• CFO Charles Constanti sold 10,000 shares of PKT stock on 08/07/2012 at the average price of 23.45. Charles Constanti owns at least 35,300 shares after this. The price of the stock has increased by 1.96% since.

For the complete insider trading history of PKT, 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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