Treasurer and CFO of Hittite Microwave Corp. (HITT) William W Boecke sells 83,030 shares of HITT on 02/23/2010 at an average price of $40.99 a share.

Hittite Microwave Corp. has a market cap of $1.33 billion; its shares were traded at around $44.15 with a P/E ratio of 28.7 and P/S ratio of 8.2. Hittite Microwave Corp. had an annual average earning growth of 18.7% over the past 5 years.

HITT is in the portfolios of Jim Simons of Renaissance Technologies LLC, RS Investment Management.

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

CEO Recent Trades:

• Sell:: President and CEO Stephen G Daly sold 52,147 shares of HITT stock on 02/23/2010 at the average price of 41.17, the price of the stock has increased by 7.24% since.

CFO Recent Trades:

• Sell:: Treasurer and CFO William W Boecke sold 83,030 shares of HITT stock on 02/23/2010 at the average price of 40.99, the price of the stock has increased by 7.71% since.

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

Directors and Officers Recent Trades:

• Sell:: 10% Owner Yalcin Ayasli sold 6,001 shares of HITT stock on 03/23/2010 at the average price of 44.37, the price of the stock has decreased by 0.5% since.


• Sell:: 10% Owner Yalcin Ayasli sold 7,405 shares of HITT stock on 03/22/2010 at the average price of 43.87, the price of the stock has increased by 0.64% since.


• Sell:: 10% Owner Yalcin Ayasli sold 3,400 shares of HITT stock on 03/18/2010 at the average price of 44.29, the price of the stock has decreased by 0.32% since.


• Sell:: 10% Owner Yalcin Ayasli sold 7,000 shares of HITT stock on 03/17/2010 at the average price of 44.4, the price of the stock has decreased by 0.56% since.


• Sell:: 10% Owner Yalcin Ayasli sold 7,300 shares of HITT stock on 03/16/2010 at the average price of 44.02, the price of the stock has increased by 0.3% 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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