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Sybase Inc. (SY) Chairman CEO and President John S Chen sells 36,208 Shares

March 03, 2010 | About:
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Chairman CEO and President of Sybase Inc. (SY) John S Chen sells 36,208 shares of SY on 03/01/2010 at an average price of $44.42 a share.

Sybase Inc. has a market cap of $3.61 billion; its shares were traded at around $44.26 with a P/E ratio of 20.3 and P/S ratio of 3.1. Sybase Inc. had an annual average earning growth of 13.8% over the past 5 years.

SY is in the portfolios of David Dreman of Dreman Value Management, Jim Simons of Renaissance Technologies LLC, Chuck Royce of ROYCE & ASSOCIATES, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC, George Soros of Soros Fund Management LLC.


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




Directors and Officers Recent Trades:


  • Sell:: EVP Chief Marketing Officer Raj Nathan sold 2,306 shares of SY stock on 03/02/2010 at the average price of 44.24, the price of the stock has increased by 0.05% since.

  • Sell:: Director Richard C Alberding sold 9,815 shares of SY stock on 03/01/2010 at the average price of 44.19, the price of the stock has increased by 0.16% since.

  • Sell:: President - iAS Terry Stepien sold 12,148 shares of SY stock on 03/01/2010 at the average price of 44.15, the price of the stock has increased by 0.25% since.

  • Sell:: Sr. VP and GM OEM Billy Ho sold 10,264 shares of SY stock on 02/26/2010 at the average price of 44.28, the price of the stock has decreased by 0.05% since.

  • Sell:: President - Sybase 365 Marty Beard sold 13,807 shares of SY stock on 02/26/2010 at the average price of 44.28, the price of the stock has decreased by 0.05% 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


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