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PS Business Parks Inc (PSB) EXECUTIVE VICE PRESIDENT & COO John W Petersen sells 5,000 Shares

September 10, 2012 | About:
insider

insider

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EXECUTIVE VICE PRESIDENT & COO of PS Business Parks Inc (PSB) John W Petersen sells 5,000 shares of PSB on 09/07/2012 at an average price of $70.29 a share.

Ps Business Parks Inc has a market cap of $1.65 billion; its shares were traded at around $69.62 with a P/E ratio of 15.4 and P/S ratio of 5.5. The dividend yield of Ps Business Parks Inc stocks is 2.6%. Ps Business Parks Inc had an annual average earning growth of 3.1% over the past 10 years.


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 Ronald L Jr Havner bought 3,000 shares of PSB stock on 09/06/2012 at the average price of 69.99. Ronald L Jr Havner owns at least 200,084 shares after this. The price of the stock has decreased by 0.53% since.
  • EXECUTIVE VICE PRESIDENT & COO John W Petersen sold 6,474 shares of PSB stock on 06/08/2012 at the average price of 67.5. John W Petersen owns at least 9,218 shares after this. The price of the stock has increased by 3.14% since.
  • 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 increased by 2.05% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

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


Rating: 2.7/5 (3 votes)

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