Chairman of Board of Perficient Inc. (PRFT) John T Mcdonald sells 25,000 shares of PRFT on 06/01/2010 at an average price of $10.51 a share.

Perficient Inc. has a market cap of $318.7 million; its shares were traded at around $10.57 with a P/E ratio of 151 and P/S ratio of 1.7.

PRFT is in the portfolios of Chuck Royce of Royce& Associates.

CFO Recent Trades:

• Sell:: CFO Paul E Martin sold 5,000 shares of PRFT stock on 01/19/2010 at the average price of 9.4, the price of the stock has increased by 12.45% since.


• Sell:: CFO Paul E Martin sold 5,000 shares of PRFT stock on 01/04/2010 at the average price of 8.42, the price of the stock has increased by 25.53% since.


• Sell:: CFO Paul E Martin sold 12,000 shares of PRFT stock on 12/21/2009 at the average price of 8.15, the price of the stock has increased by 29.69% since.


• Sell:: CFO Paul E Martin sold 4,000 shares of PRFT stock on 12/08/2009 at the average price of 8.48, the price of the stock has increased by 24.65% since.

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

Directors and Officers Recent Trades:

• Sell:: Chairman of Board John T Mcdonald sold 25,000 shares of PRFT stock on 05/12/2010 at the average price of 11.55, the price of the stock has decreased by 8.48% since.


• Sell:: Chairman of Board John T Mcdonald sold 30,000 shares of PRFT stock on 12/08/2009 at the average price of 8.34, the price of the stock has increased by 26.74% since.


• Sell:: President and COO Jeffrey S Davis sold 90,000 shares of PRFT stock on 12/07/2009 at the average price of 8.35, the price of the stock has increased by 26.59% 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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