President and CEO of Blackbaud Inc. (BLKB) Marc Chardon sells 1,600 shares of BLKB on 05/13/2010 at an average price of $24.05 a share.

Blackbaud Inc. has a market cap of $1.04 billion; its shares were traded at around $23.34 with a P/E ratio of 29.92 and P/S ratio of 3.36. The dividend yield of Blackbaud Inc. stocks is 1.89%. Blackbaud Inc. had an annual average earning growth of 11.4% over the past 5 years.

BLKB is in the portfolios of Richard Aster Jr of Meridian Fund, Chuck Royce of Royce& Associates, Jim Simons of Renaissance Technologies LLC, Jim Simons of Renaissance Technologies LLC, Jeremy Grantham of GMO LLC, Steven Cohen of SAC Capital Advisors.

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

CEO Recent Trades:

• Sell:: President and CEO Marc Chardon sold 4,760 shares of BLKB stock on 04/21/2010 at the average price of 26.93, the price of the stock has decreased by 13.33% since.


• Sell:: President and CEO Marc Chardon sold 100,000 shares of BLKB stock on 03/09/2010 at the average price of 24.93, the price of the stock has decreased by 6.38% since.


• Sell:: President and CEO Marc Chardon sold 4,939 shares of BLKB stock on 11/30/2009 at the average price of 21.89, the price of the stock has increased by 6.62% since.

CFO Recent Trades:

• Sell:: CFO and Senior VP Timothy V Williams sold 61,147 shares of BLKB stock on 02/19/2010 at the average price of 23.26, the price of the stock has increased by 0.34% since.


• Sell:: CFO and Senior VP Timothy V Williams sold 38,853 shares of BLKB stock on 02/18/2010 at the average price of 23.01, the price of the stock has increased by 1.43% since.

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

Directors and Officers Recent Trades:

• Sell:: Director Andrew M Leitch sold 13,274 shares of BLKB stock on 05/10/2010 at the average price of 22.3, the price of the stock has increased by 4.66% since.


• Sell:: Senior VP, Products & Services Charles T Cumbaa sold 5,000 shares of BLKB stock on 03/09/2010 at the average price of 25, the price of the stock has decreased by 6.64% since.


• Sell:: Senior VP and Controller Heidi Strenck sold 3,231 shares of BLKB stock on 12/22/2009 at the average price of 23.95, the price of the stock has decreased by 2.55% since.


• Sell:: Senior VP and Controller Heidi Strenck sold 2,296 shares of BLKB stock on 12/21/2009 at the average price of 23.16, the price of the stock has increased by 0.78% since.


• Sell:: Senior VP and Controller Heidi Strenck sold 1,219 shares of BLKB stock on 12/15/2009 at the average price of 22.55, the price of the stock has increased by 3.5% 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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