President & CEO of Highwoods Properties Inc. (HIW) Edward J Fritsch sells 89,316 shares of HIW on 12/28/2009 at an average price of $34.5 a share.

Highwoods Properties, Inc. is a fully integrated, self-administered real estate investment trust that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. The company owns or has an interest in office, industrial, retail and service center properties, including development projects and apartment units. (Company Press Release) Highwoods Properties Inc. has a market cap of $2.48 billion; its shares were traded at around $34.84 with a P/E ratio of 12.5 and P/S ratio of 5.4. The dividend yield of Highwoods Properties Inc. stocks is 4.9%.

HIW is in the portfolios of Chris Davis of Davis Selected Advisers, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

This is the annual revenues and earnings per share of HIW over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of HIW.

CEO Recent Trades:

• Sell:: President & CEO Edward J Fritsch sold 353,682 shares of HIW stock on 12/28/2009 at the average price of 34.5, the price of the stock has increased by 0.99% since.


• Sell:: President & CEO Edward J Fritsch sold 9,800 shares of HIW stock on 12/14/2009 at the average price of 33, the price of the stock has increased by 5.58% since.


• Sell:: President & CEO Edward J Fritsch sold 200 shares of HIW stock on 12/04/2009 at the average price of 33, the price of the stock has increased by 5.58% since.


• Sell:: President & CEO Edward J Fritsch sold 10,000 shares of HIW stock on 09/16/2009 at the average price of 32.59, the price of the stock has increased by 6.9% since.


• Sell:: President & CEO Edward J Fritsch sold 5,000 shares of HIW stock on 09/09/2009 at the average price of 30, the price of the stock has increased by 16.13% since.

CFO Recent Trades:

• Sell:: VP, CFO Terry L Stevens sold 10,000 shares of HIW stock on 08/05/2009 at the average price of 28.36, the price of the stock has increased by 22.85% since.

This is the insider trade history vs. stock price of HIW. For the complete insider trading history of HIW, click here.

Directors and Officers Recent Trades:

• Sell:: Executive Vice President & COO Michael E Harris sold 10,202 shares of HIW stock on 12/16/2009 at the average price of 33.43, the price of the stock has increased by 4.22% since.


• Sell:: Director Thomas W Adler sold 10,000 shares of HIW stock on 12/01/2009 at the average price of 31.36, the price of the stock has increased by 11.1% since.


• Sell:: Sr. Vice President W Brian Reames sold 15,000 shares of HIW stock on 11/20/2009 at the average price of 30.15, the price of the stock has increased by 15.56% since.


• Sell:: Executive Vice President & COO Michael E Harris sold 22,549 shares of HIW stock on 09/29/2009 at the average price of 31.72, the price of the stock has increased by 9.84% since.


• Sell:: Director Lawrence S Kaplan sold 5,000 shares of HIW stock on 09/21/2009 at the average price of 32.27, the price of the stock has increased by 7.96% 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.

Click it to Check Out What the CEO Are Trading

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