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Cynosure Inc. (CYNO) President, CEO & Chairman Michael R Davin sells 9,061 Shares

August 28, 2012 | About:
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President, CEO & Chairman of Cynosure Inc. (CYNO) Michael R Davin sells 9,061 shares of CYNO on 08/27/2012 at an average price of $27.52 a share.

Cynosure, Inc. has a market cap of $265.7 million; its shares were traded at around $27.35 with a P/E ratio of 86 and P/S ratio of 2.4.

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


CEO Recent Trades:


  • President, CEO & Chairman Michael R Davin sold 61,393 shares of CYNO stock on 07/30/2012 at the average price of 23.89. The price of the stock has increased by 14.48% since.
  • President, CEO & Chairman Michael R Davin sold 65,483 shares of CYNO stock on 07/27/2012 at the average price of 24.39. The price of the stock has increased by 12.14% since.

CFO Recent Trades:


  • Executive VP, CFO, Treasurer Timothy W Baker sold 34,870 shares of CYNO stock on 07/30/2012 at the average price of 23.97. The price of the stock has increased by 14.1% since.
  • Executive VP, CFO, Treasurer Timothy W Baker sold 38,569 shares of CYNO stock on 07/27/2012 at the average price of 24.35. The price of the stock has increased by 12.32% since.

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




Directors and Officers Recent Trades:


  • Executive VP, Sales Douglas J Delaney sold 32,782 shares of CYNO stock on 07/30/2012 at the average price of 23.96. The price of the stock has increased by 14.15% since.
  • Executive VP, Sales Douglas J Delaney sold 40,657 shares of CYNO stock on 07/27/2012 at the average price of 24.35. The price of the stock has increased by 12.32% since.


For the complete insider trading history of CYNO, click here.

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

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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