Sr.VP, CFO and Treasurer of Globecomm Systems Inc. (GCOM) Andrew C Melfi sells 13,500 shares of GCOM on 03/09/2010 at an average price of $8.09 a share.

Globecomm Systems Inc. has a market cap of $169.2 million; its shares were traded at around $7.94 with a P/E ratio of 37.9 and P/S ratio of 1.

GCOM is in the portfolios of Chuck Royce of ROYCE & ASSOCIATES, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:

• Sell:: Sr.VP, CFO and Treasurer Andrew C Melfi sold 1,750 shares of GCOM stock on 01/04/2010 at the average price of 8, the price of the stock has decreased by 0.75% since.


• Sell:: Sr.VP, CFO and Treasurer Andrew C Melfi sold 10,348 shares of GCOM stock on 09/14/2009 at the average price of 7.5, the price of the stock has increased by 5.87% since.

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

Directors and Officers Recent Trades:

• Sell:: Formerly filed as officer Stephen C Yablonski sold 2,000 shares of GCOM stock on 01/04/2010 at the average price of 7.96, the price of the stock has decreased by 0.25% since.


• Sell:: Formerly filed as Officer Stephen C Yablonski sold 2,000 shares of GCOM stock on 12/08/2009 at the average price of 7.79, the price of the stock has increased by 1.93% since.


• Sell:: President Keith A. Hall sold 903 shares of GCOM stock on 12/01/2009 at the average price of 8.05, the price of the stock has decreased by 1.37% since.


• Sell:: President Keith A. Hall sold 2,000 shares of GCOM stock on 11/09/2009 at the average price of 8, the price of the stock has decreased by 0.75% since.


• Sell:: Sr. VP Sales and Marketing Stephen C Yablonski sold 1,000 shares of GCOM stock on 11/09/2009 at the average price of 8, the price of the stock has decreased by 0.75% 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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