President and CEO of IRIS International Inc. (IRIS) Cesar M Garcia sells 2,174 shares of IRIS on 11/04/2009 at an average price of $10.31 a share.

IRIS International Inc based in Chatsworth Calif. is a leader in automated urinalysis technology with systems in major medical institutions throughout the world. The Company's Sample Processing business unit based in Westwood Mass. manufactures innovative centrifuges and blood analysis products. Advanced Digital Imaging Research LLC based near Houston Texas is the Company's imaging research and development subsidiary. The IRIS Molecular Diagnostics Subsidiary develops innovative ultra-sensitive diagnostics and sample processing products with applications in the urinalysis oncology and infectious disease markets. Iris International Inc. has a market cap of $187.6 million; its shares were traded at around $10.44 with a P/E ratio of 22.7 and P/S ratio of 1.9.

Insiders' Positions with IRIS

• Sell:: President and CEO Cesar M Garcia sold 20,000 shares of IRIS stock on 08/19/2009 at the average price of 9.74, the price of the stock has increased by 7.19% since


• Sell:: President and CEO Cesar M Garcia sold 500 shares of IRIS stock on 06/12/2009 at the average price of 12.89, the price of the stock has decreased by 19.01% since


• Sell:: President and CEO Cesar M Garcia sold 14,500 shares of IRIS stock on 06/12/2009 at the average price of 12.76, the price of the stock has decreased by 18.18% since

Insiders' Positions with IRIS

• Sell:: Corporate VP & CFO Peter Donato sold 585 shares of IRIS stock on 10/28/2009 at the average price of 10.04, the price of the stock has increased by 3.98% since

Insiders' Positions with IRIS

• Buy:: Director Edward F Voboril bought 7,000 shares of IRIS stock on 05/26/2009 at the average price of 10.44, the price of the stock has decreased by 0% since


• Sell:: Corp VP/Pres Sample Processing Robert A Mello sold 26,500 shares of IRIS stock on 09/11/2009 at the average price of 11.14, the price of the stock has decreased by 6.28% since


• Sell:: Corp. V.P. & C.F.O. Peter Donato sold 585 shares of IRIS stock on 08/10/2009 at the average price of 10.01, the price of the stock has increased by 4.3% 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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