Chairman of the Board of Haemonetics Corp. (HAE) Brad Nutter sells 26,872 shares of HAE on 03/25/2010 at an average price of $57 a share.

Haemonetics Corp. has a market cap of $1.43 billion; its shares were traded at around $56.84 with a P/E ratio of 20.7 and P/S ratio of 2.4. Haemonetics Corp. had an annual average earning growth of 10.6% over the past 10 years. GuruFocus rated Haemonetics Corp. the business predictability rank of 5-star.

HAE is in the portfolios of Jim Simons of Renaissance Technologies LLC, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Steven Cohen of SAC Capital Advisors.

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

CEO Recent Trades:

• Sell:: President & CEO Brian Concannon sold 260 shares of HAE stock on 10/27/2009 at the average price of 53.86, the price of the stock has increased by 5.53% since.

CFO Recent Trades:

• Sell:: CFO & Vice President of Christopher J Lindop sold 107 shares of HAE stock on 10/26/2009 at the average price of 54.52, the price of the stock has increased by 4.26% since.

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

Directors and Officers Recent Trades:

• Sell:: Chairman of the Board Brad Nutter sold 173,128 shares of HAE stock on 03/24/2010 at the average price of 57, the price of the stock has decreased by 0.28% since.


• Sell:: Director Lawrence C Best sold 50,000 shares of HAE stock on 02/18/2010 at the average price of 53.42, the price of the stock has increased by 6.4% since.


• Sell:: Director Lawrence C Best sold 50,000 shares of HAE stock on 02/17/2010 at the average price of 53.57, the price of the stock has increased by 6.1% since.


• Sell:: Chief Marketing Officer Peter M Allen sold 2,200 shares of HAE stock on 02/10/2010 at the average price of 52.56, the price of the stock has increased by 8.14% since.


• Sell:: VP, Corporate Affairs Alicia R Lopez sold 143 shares of HAE stock on 10/26/2009 at the average price of 54.38, the price of the stock has increased by 4.52% 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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