Chairman of the Board of Cognex Corp. (CGNX) Robert J Shillman sells 205,500 shares of CGNX on 12/14/2012 at an average price of $35.14 a share.

Cognex Corporation has a market cap of $1.57 billion; its shares were traded at around $35.89 with a P/E ratio of 22.5 and P/S ratio of 4.9. The dividend yield of Cognex Corporation stocks is 1.2%.

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

CEO Recent Trades:

• CEO& President Robert Willett sold 17,500 shares of CGNX stock on 11/05/2012 at the average price of 36.59. The price of the stock has decreased by 1.91% since.

CFO Recent Trades:

• Sr. VP F&A, CFO Richard Morin sold 10,560 shares of CGNX stock on 12/11/2012 at the average price of 38.05. Richard Morin owns at least 999 shares after this. The price of the stock has decreased by 5.68% since.
• Sr. VP F&A, CFO Richard Morin sold 1,586 shares of CGNX stock on 09/11/2012 at the average price of 38.29. Richard Morin owns at least 999 shares after this. The price of the stock has decreased by 6.27% since.

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

Directors and Officers Recent Trades:

• Chairman of the Board Robert J Shillman sold 205,500 shares of CGNX stock on 12/14/2012 at the average price of 35.14. Robert J Shillman owns at least 2,638,306 shares after this. The price of the stock has increased by 2.13% since.
• Chairman of the Board Robert J Shillman sold 44,500 shares of CGNX stock on 12/12/2012 at the average price of 37.38. Robert J Shillman owns at least 2,843,806 shares after this. The price of the stock has decreased by 3.99% since.
• Director Anthony Sun sold 10,000 shares of CGNX stock on 11/28/2012 at the average price of 35.38. Anthony Sun owns at least 142,288 shares after this. The price of the stock has increased by 1.44% since.
• Chairman of the Board Robert J Shillman sold 105,981 shares of CGNX stock on 11/21/2012 at the average price of 33.34. Robert J Shillman owns at least 2,888,306 shares after this. The price of the stock has increased by 7.65% since.
• Chairman of the Board Robert J Shillman sold 102,213 shares of CGNX stock on 11/20/2012 at the average price of 33.37. Robert J Shillman owns at least 2,994,287 shares after this. The price of the stock has increased by 7.55% since.

For the complete insider trading history of CGNX, 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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