EVP COO of Accuray Inc. (ARAY) Chris Raanes sells 4,719 shares of ARAY on 10/01/2012 at an average price of $7.06 a share.

Accuray Incorporated has a market cap of $510.2 million; its shares were traded at around $7.19 with and P/S ratio of 1.3.

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

CEO Recent Trades:

• President & CEO Euan Thomson sold 20,000 shares of ARAY stock on 09/18/2012 at the average price of 6.01. Euan Thomson owns at least 291,029 shares after this. The price of the stock has increased by 19.63% since.
• President & CEO Euan Thomson sold 20,000 shares of ARAY stock on 08/23/2012 at the average price of 6.31. Euan Thomson owns at least 291,029 shares after this. The price of the stock has increased by 13.95% since.
• President & CEO Euan Thomson sold 20,000 shares of ARAY stock on 07/10/2012 at the average price of 6.28. Euan Thomson owns at least 291,029 shares after this. The price of the stock has increased by 14.49% since.
• President & CEO Euan Thomson sold 20,000 shares of ARAY stock on 06/07/2012 at the average price of 6.4. Euan Thomson owns at least 284,130 shares after this. The price of the stock has increased by 12.34% since.
• President & CEO Euan Thomson sold 20,000 shares of ARAY stock on 05/25/2012 at the average price of 6.11. Euan Thomson owns at least 279,130 shares after this. The price of the stock has increased by 17.68% since.

For the complete insider trading history of ARAY, 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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