PerkinElmer Inc. (PKI) Chairman, President & CEO Robert F Friel sells 150,000 Shares

Chairman, President & CEO of PerkinElmer Inc. (PKI, Financial) Robert F Friel sells 150,000 shares of PKI on 12/16/2009 at an average price of $20.51 a share.

PerkinElmer, Inc. is a global technology company which provides products and systems to the telecom, medical, pharmaceutical, chemical, semiconductor and photographic markets. The Company has operations in over 100 countries, and is a component of the S&P 500 Index. The Company's continuing operations are classified into four operating segments:Life Sciences, Optoelectronics, Instruments, and Fluid Sciences. Perkinelmer Inc. has a market cap of $2.38 billion; its shares were traded at around $20.4 with a P/E ratio of 15.6 and P/S ratio of 1.2. The dividend yield of Perkinelmer Inc. stocks is 1.4%. Perkinelmer Inc. had an annual average earning growth of 2.5% over the past 10 years.

PKI is in the portfolios of David Dreman of Dreman Value Management, Stanley Druckenmiller of Duquesne Capital Management, LLC, Chuck Royce of ROYCE & ASSOCIATES, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC.

Directors and Officers Recent Trades:

  • Sell:: Director Vicki L Sato sold 7,893 shares of PKI stock on 11/05/2009 at the average price of 18.88, the price of the stock has increased by 8.05% since

  • Sell:: Director G Robert Tod sold 5,500 shares of PKI stock on 11/04/2009 at the average price of 18.59, the price of the stock has increased by 9.74% since