President and CEO of Exar Corp. (EXAR) Pete Rodriguez buys 1,750 shares of EXAR on 11/03/2009 at an average price of $6.45 a share.

Exar Corporation designs develops and markets analog and mixed-signal integrated circuits for use in communications and video and imaging products. The company's target markets are ones in which the company believes its design and process expertise combined with its knowledge of particular system application requirements enables the company to deliver products that provide effective solutions to customer needs. The company also produces digital integrated circuits used in communications products as well as general purpose analog integrated circuits. Exar Corp. has a market cap of $286.1 million; its shares were traded at around $6.57 with and P/S ratio of 2.5.

EXAR is in the portfolios of George Soros of Soros Fund Management LLC.

Insiders' Positions with EXAR

• Buy:: President and CEO Pete Rodriguez bought 5,000 shares of EXAR stock on 08/05/2009 at the average price of 6.89, the price of the stock has decreased by 4.64% since

Insiders' Positions with EXAR

• Buy:: Director Juan Oscar Rodriguez bought 2,500 shares of EXAR stock on 08/18/2009 at the average price of 7.31, the price of the stock has decreased by 10.12% since


• Buy:: Director Izak Bencuya bought 1,000 shares of EXAR stock on 08/10/2009 at the average price of 7.3, the price of the stock has decreased by 10% since


• Buy:: Director Richard L Leza bought 2,000 shares of EXAR stock on 08/07/2009 at the average price of 7.2, the price of the stock has decreased by 8.75% since


• Buy:: Director Gary Meyers bought 11,000 shares of EXAR stock on 08/05/2009 at the average price of 6.85, the price of the stock has decreased by 4.09% since


• Buy:: Director Pierre G Guilbault bought 1,000 shares of EXAR stock on 08/05/2009 at the average price of 6.84, the price of the stock has decreased by 3.95% 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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