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(PAR) VP, Finance and CFO Adriel G Lares sells 5,000 Shares

November 12, 2009 | About:
insider

insider

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VP, Finance and CFO of (PAR) Adriel G Lares sells 5,000 shares of PAR on 11/10/2009 at an average price of $9.8 a share.

3PAR is the leading provider of Utility Storage, a simple, efficient and scalable tiered-storage array for utility computing that lets customers serve more with less. Whether you choose a Fibre Channel or IP-based storage network, 3PAR Utility Storage can cut an organization's Total Cost of Data by fifty percent. has a market cap of $623 million; its shares were traded at around $10.11 with and P/S ratio of 3.4.

Insiders' Positions with PAR


  • Sell:: VP, Bus, Dev & Alliances Stephen F Crimi sold 2,500 shares of PAR stock on 10/01/2009 at the average price of 10.9, the price of the stock has decreased by 7.25% since

  • Sell:: VP, Human Resources Jeannette Robinson sold 5,000 shares of PAR stock on 08/28/2009 at the average price of 9.06, the price of the stock has increased by 11.59% since

  • Sell:: CTO, System Design Jeffrey A Price sold 20,000 shares of PAR stock on 08/24/2009 at the average price of 8.45, the price of the stock has increased by 19.64% since

  • Sell:: CTO, Systems Architecture Ashok Singhal sold 35,000 shares of PAR stock on 08/06/2009 at the average price of 9.25, the price of the stock has increased by 9.3% since

  • Sell:: VP, Bus. Dev & Alliances Stephen F Crimi sold 2,500 shares of PAR stock on 07/02/2009 at the average price of 12.5, the price of the stock has decreased by 19.12% since


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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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