President/CEO of SanDisk Corp. (SNDK) Sanjay Mehrotra sells 10,000 shares of SNDK on 11/09/2012 at an average price of $41.48 a share.

Sandisk Corp has a market cap of $9.96 billion; its shares were traded at around $40.84 with a P/E ratio of 17.4 and P/S ratio of 1.8.

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

CEO Recent Trades:

• President/CEO Sanjay Mehrotra sold 10,000 shares of SNDK stock on 11/09/2012 at the average price of 41.48. Sanjay Mehrotra owns at least 24,934 shares after this. The price of the stock has decreased by 1.54% since.
• President/CEO Sanjay Mehrotra sold 10,000 shares of SNDK stock on 10/09/2012 at the average price of 43.44. Sanjay Mehrotra owns at least 24,934 shares after this. The price of the stock has decreased by 5.99% since.
• President/CEO Sanjay Mehrotra sold 20,000 shares of SNDK stock on 09/12/2012 at the average price of 45.16. Sanjay Mehrotra owns at least 24,934 shares after this. The price of the stock has decreased by 9.57% since.
• President/CEO Sanjay Mehrotra sold 10,000 shares of SNDK stock on 08/09/2012 at the average price of 41.76. Sanjay Mehrotra owns at least 24,934 shares after this. The price of the stock has decreased by 2.2% since.
• President/CEO Sanjay Mehrotra sold 10,000 shares of SNDK stock on 07/25/2012 at the average price of 40. Sanjay Mehrotra owns at least 24,934 shares after this. The price of the stock has increased by 2.1% since.

CFO Recent Trades:

• Exec. VP, Administration, CFO Judy Bruner sold 30,000 shares of SNDK stock on 08/01/2012 at the average price of 41.64. Judy Bruner owns at least 31,004 shares after this. The price of the stock has decreased by 1.92% since.

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

Directors and Officers Recent Trades:

• Director Steven J Gomo sold 8,019 shares of SNDK stock on 11/07/2012 at the average price of 44.74. Steven J Gomo owns at least 16,021 shares after this. The price of the stock has decreased by 8.72% since.
• SVP, Mem Tech & Prod Dev Khandker N Quader sold 10,000 shares of SNDK stock on 11/02/2012 at the average price of 43.38. Khandker N Quader owns at least 88,782 shares after this. The price of the stock has decreased by 5.86% since.
• SVP, Mem Tech & Prod Dev Khandker N Quader sold 5,000 shares of SNDK stock on 08/31/2012 at the average price of 41.31. Khandker N Quader owns at least 87,982 shares after this. The price of the stock has decreased by 1.14% since.
• Director Kevin A Denuccio sold 6,262 shares of SNDK stock on 08/16/2012 at the average price of 42.52. Kevin A Denuccio owns at least 6,722 shares after this. The price of the stock has decreased by 3.95% since.
• SVP & Chief Legal Officer James F. Brelsford sold 8,000 shares of SNDK stock on 07/24/2012 at the average price of 40.24. The price of the stock has increased by 1.49% since.

For the complete insider trading history of SNDK, 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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