Hide

FocusBar

Subscribe to Premium Member
Free 7-day Trial
All Articles and Columns »

Tekelec (TKLC) President & CEO Franco Plastina sells 7,500 Shares

May 11, 2010 | About:
gurufocus

insider

41 followers
President & CEO of Tekelec (TKLC) Franco Plastina sells 7,500 shares of TKLC on 05/11/2010 at an average price of $14.9 a share.

Tekelec has a market cap of $1.02 billion; its shares were traded at around $15.11 with a P/E ratio of 15.7 and P/S ratio of 2.2.

TKLC is in the portfolios of Jim Simons of Renaissance Technologies LLC, Chuck Royce of Royce& Associates, Paul Tudor Jones of The Tudor Group, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors.

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


CEO Recent Trades:


  • Sell:: President & CEO Franco Plastina sold 19,518 shares of TKLC stock on 02/22/2010 at the average price of 16.79, the price of the stock has decreased by 10.01% since.

  • Sell:: President & CEO Franco Plastina sold 7,500 shares of TKLC stock on 02/17/2010 at the average price of 16.72, the price of the stock has decreased by 9.63% since.


CFO Recent Trades:


  • Sell:: CFO William H Everett sold 24,000 shares of TKLC stock on 02/18/2010 at the average price of 16.62, the price of the stock has decreased by 9.09% since.



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




Directors and Officers Recent Trades:


  • Sell:: SVP, Global Sales Wolrad Claudy sold 1,386 shares of TKLC stock on 03/19/2010 at the average price of 18.29, the price of the stock has decreased by 17.39% since.

  • Sell:: SVP, Global Sales Wolrad Claudy sold 17,500 shares of TKLC stock on 03/16/2010 at the average price of 18.4, the price of the stock has decreased by 17.88% since.

  • Sell:: EVP Global Product Solutions Lange Ronald J De sold 62,500 shares of TKLC stock on 03/12/2010 at the average price of 18.51, the price of the stock has decreased by 18.37% since.

  • Sell:: Director Martin A Kaplan sold 5,000 shares of TKLC stock on 03/11/2010 at the average price of 18.36, the price of the stock has decreased by 17.7% since.

  • Sell:: Chief Accounting Officer Gregory S Rush sold 7,797 shares of TKLC stock on 03/08/2010 at the average price of 18.2, the price of the stock has decreased by 16.98% 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.

» Take a Free Trial of Premium Membership

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


Rating: 1.0/5 (2 votes)

Comments

Please leave your comment:


More Gurufocus Links

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK

This article has been successfully added into your Bookmark.

Members Only. Please Sign Up or Log In first.

Bookmark of this article has been deleted.