CEO and Chairman of PetSmart Inc. (PETM) Robert F Moran sells 77,581 shares of PETM on 12/18/2012 at an average price of $71 a share.

Petsmart Inc. has a market cap of $7.63 billion; its shares were traded at around $71.24 with a P/E ratio of 21.9 and P/S ratio of 1.3. The dividend yield of Petsmart Inc. stocks is 0.9%. Petsmart Inc. had an annual average earning growth of 16.5% over the past 10 years. GuruFocus rated Petsmart Inc. the business predictability rank of 4-star.

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

CEO Recent Trades:

• CEO and Chairman Robert F Moran sold 77,581 shares of PETM stock on 12/18/2012 at the average price of 71. Robert F Moran owns at least 185,121 shares after this. The price of the stock has increased by 0.34% since.

CFO Recent Trades:

• EVP CFO Lawrence Molloy sold 5,496 shares of PETM stock on 11/19/2012 at the average price of 68.89. The price of the stock has increased by 3.41% since.

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

Directors and Officers Recent Trades:

• SVP Store Ops and Services Bruce K Thorn sold 26,701 shares of PETM stock on 12/17/2012 at the average price of 70.66. Bruce K Thorn owns at least 1,362 shares after this. The price of the stock has increased by 0.82% since.
• SVP Finance Melvin G. Tucker sold 1,032 shares of PETM stock on 12/17/2012 at the average price of 70.34. The price of the stock has increased by 1.28% since.
• President & COO David K Lenhardt sold 20,000 shares of PETM stock on 12/12/2012 at the average price of 70.38. David K Lenhardt owns at least 178,672 shares after this. The price of the stock has increased by 1.22% since.
• SVP Real Estate & Development Jaye D Perricone sold 19,652 shares of PETM stock on 12/11/2012 at the average price of 70.12. Jaye D Perricone owns at least 1,180 shares after this. The price of the stock has increased by 1.6% since.
• SVP Finance Melvin G. Tucker sold 4,256 shares of PETM stock on 11/30/2012 at the average price of 70. Melvin G. Tucker owns at least 738 shares after this. The price of the stock has increased by 1.77% since.

For the complete insider trading history of PETM, 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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