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Finisar Corporation (FNSR) CEO Eitan Gertel sells 11,300 Shares

January 02, 2013 | About: FNSR +0%
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CEO of Finisar Corporation (FNSR) Eitan Gertel sells 11,300 shares of FNSR on 12/28/2012 at an average price of $15.68 a share.

Finisar Corporation has a market cap of $1.51 billion; its shares were traded at around $16.67 with a P/E ratio of 32.5 and P/S ratio of 1.4.

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


CEO Recent Trades:


  • CEO Eitan Gertel sold 11,300 shares of FNSR stock on 12/28/2012 at the average price of 15.68. Eitan Gertel owns at least 401,885 shares after this. The price of the stock has increased by 6.31% since.

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




Directors and Officers Recent Trades:


  • Sr. VP Operations/Engineering Mark Colyar sold 9,281 shares of FNSR stock on 12/13/2012 at the average price of 15.5. Mark Colyar owns at least 128,986 shares after this. The price of the stock has increased by 7.55% since.
  • Sr. VP Operations/Engineering Mark Colyar sold 5,675 shares of FNSR stock on 12/10/2012 at the average price of 14.15. Mark Colyar owns at least 137,524 shares after this. The price of the stock has increased by 17.81% since.
  • Exec. VP Global Operations Joseph A Young sold 1,221 shares of FNSR stock on 09/07/2012 at the average price of 14.75. Joseph A Young owns at least 128,515 shares after this. The price of the stock has increased by 13.02% since.


For the complete insider trading history of FNSR, 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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