Vice President, CFO, Treasurer of Par Technology Corp. (PTC) Ronald J Casciano sells 3,000 shares of PTC on 03/03/2010 at an average price of $6 a share.

Par Technology Corp. has a market cap of $86.8 million; its shares were traded at around $5.87 with a P/E ratio of 195.7 and P/S ratio of 0.4.

PTC is in the portfolios of Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC.

CFO Recent Trades:

• Sell:: Vice President, CFO, Treasurer Ronald J Casciano sold 3,000 shares of PTC stock on 03/03/2010 at the average price of 6, the price of the stock has decreased by 2.17% since.

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

Directors and Officers Recent Trades:

• Sell:: Executive Vice President, OOC Gregory T Cortese sold 3,000 shares of PTC stock on 03/09/2010 at the average price of 6.27, the price of the stock has decreased by 6.38% since.


• Sell:: Executive Vice President, OOC Gregory T Cortese sold 6,000 shares of PTC stock on 03/05/2010 at the average price of 6.15, the price of the stock has decreased by 4.55% since.


• Sell:: Executive Vice President, OOC Gregory T Cortese sold 5,000 shares of PTC stock on 03/02/2010 at the average price of 6.05, the price of the stock has decreased by 2.98% since.


• Sell:: Executive Vice President, OOC Gregory T Cortese sold 2,426 shares of PTC stock on 02/22/2010 at the average price of 6.02, the price of the stock has decreased by 2.49% since.


• Sell:: Executive Vice President, OOC Gregory T Cortese sold 15,900 shares of PTC stock on 02/17/2010 at the average price of 6.07, the price of the stock has decreased by 3.29% 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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