ArcSight Inc. (ARST) CTO and EVP R&D Hugh Njemanze sells 20,000 Shares

CTO and EVP R&D of ArcSight Inc. (ARST) Hugh Njemanze sells 20,000 shares of ARST on 09/22/2009 at an average price of $23.18 a share.

ArcSight is a leading provider of security and compliance solutions that intelligently identify and mitigate business risk and deliver a centralized view of enterprise-wide events across heterogeneous infrastructures. This real time and historic view into external attacks insider threats and regulatory compliance provides enterprises MSSPs and government agencies with the intelligence and response capabilities required to effectively protect and manage their networks and their businesses. Arcsight Inc. has a market cap of $779.6 million; its shares were traded at around $23.52 with a P/E ratio of 60.3 and P/S ratio of 5.7.

ARST is in the portfolios of David Swensen of Yale University.

Recent Trades of ArcSight Inc. by CEO:

• Sell: President and CEO Thomas Reilly sold 5,000 shares of ARST stock on 09/08/2009 at the average price of $22.91; the price of the stock has increased by 2.66% since.


• Sell: President and CEO Thomas Reilly sold 5,000 more shares of ARST stock on 09/01/2009 at the average price of $20; the price of the stock has increased by 17.6% since.


• Sell: President and CEO Thomas Reilly sold 1,173 more shares of ARST stock on 08/14/2009 at the average price of $20; the price of the stock has increased by 17.6% since.


• Sell: President and CEO Thomas Reilly sold 10,000 more shares of ARST stock on 08/03/2009 at the average price of $18.47; the price of the stock has increased by 27.34% since.

Recent Trades of ArcSight Inc. by CFO:

• Sell: CFO Stewart Grierson sold 30,000 shares of ARST stock on 09/09/2009 at the average price of $22.66; the price of the stock has increased by 3.8% since.


• Sell: CFO Stewart Grierson sold 25,000 more shares of ARST stock on 06/26/2009 at the average price of $17; the price of the stock has increased by 38.35% since.

Recent Trades of ArcSight Inc. by Directors and Officers:

• Sell: Director Ted Schlein sold 5,000 shares of ARST stock on 09/16/2009 at the average price of $22.18; the price of the stock has increased by 6.04% since.


• Sell: Director William Crowell sold 25,957 shares of ARST stock on 09/10/2009 at the average price of $23; the price of the stock has increased by 2.26% since.


• Sell: Director Scott A Ryles sold 5,000 shares of ARST stock on 09/10/2009 at the average price of $22.57; the price of the stock has increased by 4.21% since.


• Sell: Sr. VP of Marketing Reed T Henry sold 30,000 shares of ARST stock on 09/09/2009 at the average price of $22.65; the price of the stock has increased by 3.84% since.


• Sell: Director Ted Schlein sold 396 shares of ARST stock on 09/09/2009 at the average price of $22.39; the price of the stock has increased by 5.05% since.

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.

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