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Procera Networks, Inc. (PKT) CEO and President James Frederick Brear sells 2,750 Shares

January 02, 2013 | About:
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insider

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CEO and President of Procera Networks, Inc. (PKT) James Frederick Brear sells 2,750 shares of PKT on 01/02/2013 at an average price of $19.26 a share.

Procera Networks, Inc. has a market cap of $361.8 million; its shares were traded at around $19.6 with a P/E ratio of 48.1 and P/S ratio of 8.

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


CEO Recent Trades:


  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 01/02/2013 at the average price of 19.26. James Frederick Brear owns at least 95,000 shares after this. The price of the stock has increased by 1.77% since.
  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 09/04/2012 at the average price of 22.27. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 11.99% since.
  • CEO and President James Frederick Brear sold 20,000 shares of PKT stock on 08/08/2012 at the average price of 23.86. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 17.85% since.
  • CEO and President James Frederick Brear sold 30,000 shares of PKT stock on 08/07/2012 at the average price of 23.49. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 16.56% since.
  • CEO and President James Frederick Brear sold 2,750 shares of PKT stock on 08/01/2012 at the average price of 25.31. James Frederick Brear owns at least 70,000 shares after this. The price of the stock has decreased by 22.56% since.

CFO Recent Trades:


  • CFO Charles Constanti sold 5,000 shares of PKT stock on 11/01/2012 at the average price of 22.86. Charles Constanti owns at least 35,300 shares after this. The price of the stock has decreased by 14.26% since.
  • CFO Charles Constanti sold 5,000 shares of PKT stock on 10/01/2012 at the average price of 23.38. Charles Constanti owns at least 35,300 shares after this. The price of the stock has decreased by 16.17% since.
  • CFO Charles Constanti sold 5,000 shares of PKT stock on 09/04/2012 at the average price of 22.42. Charles Constanti owns at least 35,300 shares after this. The price of the stock has decreased by 12.58% since.
  • CFO Charles Constanti sold 5,000 shares of PKT stock on 08/08/2012 at the average price of 23.86. Charles Constanti owns at least 35,300 shares after this. The price of the stock has decreased by 17.85% since.
  • CFO Charles Constanti sold 10,000 shares of PKT stock on 08/07/2012 at the average price of 23.45. Charles Constanti owns at least 35,300 shares after this. The price of the stock has decreased by 16.42% since.

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




Directors and Officers Recent Trades:


  • Director Mary Losty bought 5,000 shares of PKT stock on 08/24/2012 at the average price of 22.44. Mary Losty owns at least 162,405 shares after this. The price of the stock has decreased by 12.66% since.
  • Director Thomas A Saponas sold 44,443 shares of PKT stock on 08/28/2012 at the average price of 23. Thomas A Saponas owns at least 7,964 shares after this. The price of the stock has decreased by 14.78% since.
  • Director Thomas A Saponas sold 44,443 shares of PKT stock on 08/28/2012 at the average price of 22. Thomas A Saponas owns at least 7,964 shares after this. The price of the stock has decreased by 10.91% since.
  • Director Thomas A Saponas sold 51,793 shares of PKT stock on 08/17/2012 at the average price of 23.9. Thomas A Saponas owns at least 50,336 shares after this. The price of the stock has decreased by 17.99% since.
  • Director Scott Mcclendon sold 4,500 shares of PKT stock on 08/08/2012 at the average price of 23.79. Scott Mcclendon owns at least 18,012 shares after this. The price of the stock has decreased by 17.61% since.


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

About the author:

GuruFocus - Stock Picks and Market Insight of Gurus

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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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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