President & CEO of Symantec Corp. (SYMC) Enrique T Salem buys 20,000 shares of SYMC on 06/08/2010 at an average price of $13.95 a share.

Symantec Corp. has a market cap of $11.22 billion; its shares were traded at around $14.05 with a P/E ratio of 10.5 and P/S ratio of 1.9. Symantec Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Symantec Corp. the business predictability rank of 3.5-star.

SYMC is in the portfolios of Private Capital of Private Capital Management, Mason Hawkins of Southeastern Asset Management, PRIMECAP Management, Dodge & Cox, John Buckingham of Al Frank Asset Management, Inc., Jean-Marie Eveillard of First Eagle Investment Management, LLC, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, David Dreman of Dreman Value Management, Steven Cohen of SAC Capital Advisors, Jeremy Grantham of GMO LLC, RS Investment Management, George Soros of Soros Fund Management LLC.

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

CEO Recent Trades:

• Buy:: President & CEO Enrique T Salem bought 20,000 shares of SYMC stock on 06/01/2010 at the average price of 13.98, the price of the stock has increased by 0.5% since.

CFO Recent Trades:

• Sell:: EVP and CFO James A Beer sold 2,175 shares of SYMC stock on 06/01/2010 at the average price of 14.07, the price of the stock has decreased by 0.14% since.


• Sell:: EVP and CFO James A Beer sold 2,500 shares of SYMC stock on 03/03/2010 at the average price of 16.58, the price of the stock has decreased by 15.26% since.

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

Directors and Officers Recent Trades:

• Sell:: EVP, Chief Human Resource Off. Rebecca Ranninger sold 16,900 shares of SYMC stock on 06/01/2010 at the average price of 14.07, the price of the stock has decreased by 0.14% since.


• Sell:: SVP & Chief Accounting Officer Phillip A. Bullock sold 1,046 shares of SYMC stock on 05/26/2010 at the average price of 14.34, the price of the stock has decreased by 2.02% since.


• Sell:: Group Pres., IT & Serv. Group John David Thompson sold 1,940 shares of SYMC stock on 05/19/2010 at the average price of 15.93, the price of the stock has decreased by 11.8% since.


• Sell:: Director John Wendell Thompson sold 70,000 shares of SYMC stock on 05/17/2010 at the average price of 16.18, the price of the stock has decreased by 13.16% since.


• Sell:: Director V Paul Unruh sold 9,350 shares of SYMC stock on 05/11/2010 at the average price of 16.08, the price of the stock has decreased by 12.62% 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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