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Plexus Corp. (PLXS) President and CEO Dean A Foate sells 12,500 Shares

January 27, 2010 | About:
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President and CEO of Plexus Corp. (PLXS) Dean A Foate sells 12,500 shares of PLXS on 01/26/2010 at an average price of $35.23 a share.

Plexus Corp. has a market cap of $1.38 billion; its shares were traded at around $34.95 with a P/E ratio of 27.3 and P/S ratio of 0.8.

PLXS is in the portfolios of Kenneth Fisher of Fisher Asset Management, LLC, Chuck Royce of ROYCE & ASSOCIATES, Bruce Kovner of Caxton Associates.

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


CEO Recent Trades:


  • Sell:: President and CEO Dean A Foate sold 12,500 shares of PLXS stock on 01/22/2010 at the average price of 33.55, the price of the stock has increased by 4.17% since.

  • Sell:: President and CEO Dean A Foate sold 12,500 shares of PLXS stock on 01/21/2010 at the average price of 31.95, the price of the stock has increased by 9.39% since.

  • Sell:: President and CEO Dean A Foate sold 12,500 shares of PLXS stock on 01/06/2010 at the average price of 30.43, the price of the stock has increased by 14.85% since.

  • Sell:: President and CEO Dean A Foate sold 11,144 shares of PLXS stock on 12/04/2009 at the average price of 29.08, the price of the stock has increased by 20.19% since.

  • Sell:: President and CEO Dean A Foate sold 13,856 shares of PLXS stock on 08/21/2009 at the average price of 26.75, the price of the stock has increased by 30.65% since.



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




Directors and Officers Recent Trades:


  • Sell:: Sr VP Global Customer Services Todd P. Kelsey sold 2,400 shares of PLXS stock on 01/26/2010 at the average price of 34.75, the price of the stock has increased by 0.58% since.

  • Sell:: Chairman of the Board John L Nussbaum sold 41,752 shares of PLXS stock on 01/26/2010 at the average price of 35.03, the price of the stock has decreased by 0.23% since.

  • Sell:: Vice President Michael T Verstegen sold 9,000 shares of PLXS stock on 01/21/2010 at the average price of 32, the price of the stock has increased by 9.22% since.

  • Sell:: Vice President Michael T Verstegen sold 7,500 shares of PLXS stock on 01/05/2010 at the average price of 30, the price of the stock has increased by 16.5% since.

  • Sell:: Sr VP Global Customer Services Todd P. Kelsey sold 3,600 shares of PLXS stock on 12/04/2009 at the average price of 28.75, the price of the stock has increased by 21.57% since.


About the author:

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


Rating: 4.0/5 (1 vote)

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